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GREENWOOD INS. GROUP, INC. v. UNITED STATES LIAB. INC. CO.

No. 01-03-00112-CV.

157 S.W.3d 444 (2004)

GREENWOOD INSURANCE GROUP, INC., Appellant, v. UNITED STATES LIABILITY INSURANCE COMPANY, Appellee.

Court of Appeals of Texas, Houston (1st District).

June 17, 2004.

Attorney(s) appearing for the Case

Timothy M. McCloskey, McCloskey & Herberger, Houston, TX, Vincent L. Marable, III, Paul Webb. P.C., Wharton, TX, for Appellant.

Lisa Gaye Mann, Neal David Kieval, Phillips & Akers, P.C., Houston, TX, for Appellee.

Panel consists of Chief Justice RADACK and Justices JENNINGS and HIGLEY.

OPINION

SHERRY RADACK, Chief Justice.

The issue before the Court is whether an insurance broker's professional liability policy provides coverage to the broker for two suits brought against the broker by its client, based on the broker's procurement of coverage for the client from an insurer that subsequently became insolvent. To decide this issue, we must examine an insolvency exclusion in the professional liability policy. The trial court, after reviewing...

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