Opinion ID: 28174
Heading Depth: 1
Heading Rank: 3

Heading: excess coverage under the ccp

Text: 19 Zurich moved for judgment as a matter of law that no coverage existed under the CCP. We review denial of a motion for judgment as a matter of law using the same standard as the district court; factual issues are reviewed only for the presence of substantial evidence supporting the verdict, and legal issues are reviewed de novo. 2 Heller Fin., Inc. v. Grammco Computer Sales, Inc., 71 F.3d 518, 523 (5th Cir.1996). 20 The CCP applies excess of, but in the same manner and on the same basis as the primary insurance shown on our Schedule A as applying to Coverage Part A-1. 3 Even if the crime coverage in the primary policy is intended to be included in the meaning of the foregoing clause, the loss in this case is excluded because, as discussed above, the documents involved are not covered instruments as defined in the primary policy. 21 Parkans has alternatively argued that CCP provides a gap-filling function, and thus applies here regardless of underlying coverage. Parkans points to no provision in the CCP, however, specifying drop-down coverage if primary insurance does not apply. To the contrary, the CCP has a maintenance provision, requiring that the primary insurance must continuously: provide no less coverage than written on our Schedule A at inception of our policy. Furthermore, if the primary coverages listed in Schedule A are not maintained, the CCP coverage will apply in the same manner as if the primary insurance were still in effect, maintained and collectible. We hold that these provisions in the CCP preclude drop-down coverage by showing the intention that the CCP serve only as an excess layer above that insurance listed in Schedule A, none of which is applicable to the Parkans loss. Cf. Commercial Union Ins. Co. v. Walbrook Ins. Co., 7 F.3d 1047, 1050, 1053 (5th Cir.1993) (drop-down coverage implicated by clause providing a self-insured retention for each occurrence not covered by the specified underlying [policy]).