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LIFE & ACC. & HEALTH v. LIBERTY LIFE

No. 2842.

331 S.C. 268 (1998)

500 S.E.2d 193

SOUTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSOCIATION, Respondent, v. LIBERTY LIFE INSURANCE COMPANY, Appellant.

Court of Appeals of South Carolina.

Decided May 11, 1998.

Rehearing Denied June 18, 1998.

Attorney(s) appearing for the Case

David W. Robinson, II, and Durham T. Boney, both of Robinson, McFadden & Moore, Columbia, for appellant.

John C. Bruton, Jr., of Sinkler & Boyd, Columbia, for respondent.

GOOLSBY, Judge:

This case involves the interpretation of the South Carolina Life and Accident and Health Insurance Guaranty Association Act (Guaranty Act). The trial court issued a declaratory judgment absolving the South Carolina Life and Accident and Health Insurance Guaranty Association (the Association) of liability for coverage of certain investment contracts sold by Liberty Life Insurance Company (Liberty). Liberty appeals. We affirm.

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