(DOWNLOAD) "Oglesby v. Liberty Mut. Ins. Co." by South Carolina Supreme Court # Book PDF Kindle ePub Free
eBook details
- Title: Oglesby v. Liberty Mut. Ins. Co.
- Author : South Carolina Supreme Court
- Release Date : January 05, 1992
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 70 KB
Description
1 Four issues are presented by the questions certified. We find that: 1) Pursuant to 36 O.S.Supp. 1985 ? 2007 , parties whose claims arise from a single occurrence may be entitled to recover the $150,000.00 statutory limitation under the Oklahoma Property and Casualty Insurance Guaranty Association Act. (Oklahoma Guaranty Act), 36 O.S. 1981 ? 2001 et seq. 2) Pursuant to 36 O.S. 1981 ? 2004 , a claimant may be entitled to pre-judgment interest and costs incurred after the determination of insolvency of its insurer. The recovery of pre-judgment interest may not exceed the $150,000.00 statutory cap imposed by 36 O.S.Supp. 1985 ? 2007 . 3) Pursuant to 36 O.S. 1981 ? 2012 (A), a claimant must exhaust all other covered claims he/she might have against an insurer, under an insurance policy, before recovering from the Oklahoma Guaranty Association. Any amount payable under the Oklahoma Guaranty Act is reduced by the amount recovered. And 4) Pursuant to 36 O.S. 1981 ? 2012 (B), any recovery received for workers compensation benefits under the Oklahoma Guaranty Act must be reduced by the amount of the recovery from any other insurance guaranty association.
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