"Conditions" also clearly set forth the policy limits and requirements for self-insurance retention:
"CONDITIONS A. CONDITIONS APPLICABLE TO SECTIONS I & II HEREOF
1. LIMIT AND RETENTION (A) LIMIT (1) WITH RESPECT TO LOSS INVOLVING ONLY SECTION I HEREOF THE LIMIT OF LIABILITY HEREUNDER SHALL NOT EXCEED THE SUM OF $12,000,000 ULTIMATE NET LOSS, ANY ONE OCCURRENCE EXCESS OF $8,000,000 SELF-INSURED RETENTION ULTIMATE *840 NET LOSS, ANY ONE OCCURRENCE. * * * * * * (B) RETENTION THE COMPANY [INTERNATIONAL SURPLUS] SHALL NOT BE LIABLE HEREUNDER UNLESS THE ULTIMATE NET LOSS AMOUNTS TO $8,000,000 ANY ONE OCCURRENCE INVOLVING LOSS, DAMAGE, AND/OR INDEMNIFICATION AS COVERED IN SECTION I & II HEREOF AND THEN ONLY FOR THE SUM IN EXCESS OF $8,000,000 ULTIMATE NET LOSS SUBJECT TO THE LIMIT SET FORTH IN SECTION III-A.1.a, HEREIN BUT THERE IS NO LIMIT TO THE NUMBER OF OCCURRENCES WHICH TAKE PLACE DURING THE TERM OF THIS POLICY. IT IS A CONDITIONS [sic] OF THIS POLICY THAT IN THE EVENT OF A LOSS HEREUNDER THAT INVOLVES BOTH SECTIONS I AND II THAT THE SELF-INSURED RETENTION SPECIFIED HEREIN SHALL APPLY TO SECTION II FIRST." Further, under "Conditions," the policy also allows Southern Pacific to contract for other insurance:
"6. PRIMARY INSURANCE IT IS AGREED THAT THE INSURED, IF IT SO DESIRES, MAY CARRY PRIMARY INSURANCE BUT THIS POLICY WILL PAY THE ULTIMATE NET LOSS IN EXCESS OF SUCH PRIMARY INSURANCE WHICH IS VALID AND COLLECTIBLE OR THE SELF-INSURED RETENTION STATED HEREIN WHICHEVER IS GREATER, SUBJECT TO THE TERMS AND CONDITIONS OF THIS POLICY. 7. OTHER INSURANCE NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN, IT IS FURTHER UNDERSTOOD AND AGREED THAT WHERE THERE IS ANY OTHER VALID AND COLLECTIBLE INSURANCE COVERING THE INSURED'S PROPERTY OR THE INSURED'S LIABILITY, AS HEREIN DEFINED, THIS INSURANCE SHALL BE CONSIDERED AS EXCESS INSURANCE OVER AND ABOVE SUCH OTHER INSURANCE IN EFFECT AT THE TIME OF LOSS OR DAMAGE. PERMISSION IS HEREBY GRANTED FOR EXCESS INSURANCE OVER THE LIMITS OF LIABILITY EXPRESSES [sic] IN THIS POLICY WITHOUT PREJUDICE TO THIS INSURANCE AND THE EXISTENCE OF SUCH INSURANCE. IF ANY, SHALL NOT REDUCE ANY LIABILITY UNDER THIS POLICY." The "Conditions" also provide for losses payable:
"10. LOSS PAYABLE THE COMPANY'S LIABILITY UNDER THIS POLICY WITH RESPECT TO ANY OCCURRENCE SHALL NOT ATTACH UNTIL THE AMOUNT OF THE APPLICABLE RETENTION OR OTHER INSURANCE LIMIT HAS BEEN PAID BY OR ON BEHALF OF THE INSURED ON ACCOUNT OF SUCH OCCURRENCE." We find no ambiguity under the language of this policy. Southern Pacific is obligated to retain $8,000,000.00 in self-insurance. In turn, International Surplus is obligated to provide excess insurance from that amount to $12,000,000. Plaintiff's demand in damages amounts to less than $2,000,000.00; thus, clearly within the Southern Pacific self-insured retained limit of $8,000,000.00 and below International Surplus' excess coverage. In Harrison v. Petri, 468 So.2d 666, 667, the Court summarily dispensed with plaintiff's claim after a similar syllogism.
Plaintiffs in this case, however, emphasize the co-insurance clause of § IIIA(7), "Other Insurance." Plaintiffs contend that