Red Ball Leasing, Inc. And American Red Ball Transit Company, Inc. v. The Hartford Accident and Indemnity Company

RIPPLE, Circuit Judge.

The plaintiffs-appellants brought this diversity suit against the Hartford Accident and Indemnity Company (Hartford) to recover for breach of an insurance contract. Both parties moved for summary judgment. On November 4, 1988, the district court entered an order granting summary judgment in favor of Hartford. For the following reasons, we affirm the judgment of the district court.

I

BACKGROUND

A. Facts

Red Ball Leasing, Inc. sells and leases trucks and is a wholly owned subsidiary of the other appellant, American Red Ball Transit Company, Inc. For purposes of this appeal,…