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BUILDERS TRANSPORT v. S.C. PROPERTY & CASUALTY3/2/1992
ent of its obligation on the covered claims and, to this extent, has all rights, duties, and obligations of the insolvent insurer as if the insurer had not become insolvent. . . ."
As a general rule, prejudgment interest is not recoverable on an unliquidated claim in the absence of agreement or statute. A claim is liquidated if the sum claimed is certain or capable of being reduced to a certainty. The claim by Builders Transport is liquidated because it is capable of being reduced to certainty by simple mathematical calculation. If Builders Transport had sought to recover under its insurance contract with its insurer, Carriers Insurance Company, it would have been entitled to interest as an element Absent an indication the Legislature intended to exempt SCIGA from the general rule, we agree with the trial court that SCIGA is liable for prejudgment interest in this case.
The decision of the trial court is
Affirmed.
GARDNER and BELL, JJ., concur.
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