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LINDSAY v. MAIN INSURANCE COMPANY

0150

281 S.C. 331 (1984)

315 S.E.2d 166

John W. LINDSAY, As Chief Insurance Commissioner of The State of South Carolina, Respondent, v. MAIN INSURANCE COMPANY, Appellant.

Court of Appeals of South Carolina.

Decided April 13, 1984.

Attorney(s) appearing for the Case

David M. Ratchford, Charles F. Cooper, II, of Ratchford & Cooper, Columbia, for appellant.

L. Kennedy Boggs, Sarah G. Major, Columbia, for respondent.

Heard March 1, 1984.

Decided April 13, 1984.

CURETON, Judge:

This is a delinquency proceeding instituted by the Chief Insurance Commissioner of South Carolina against Main Insurance Company, a foreign corporation, pursuant to S.C. Code Ann. Section 38-5-1690 (1976). Upon application of the Commissioner, Main was ordered to show cause why a conservator of its assets within the State should not be appointed. Following a hearing, the trial court appointed...

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