First National Bank & Trust Co. v. Great American Insurance

PIERCE, Chief Judge.

This proceeding is before this Court on certified questions pursuant to F.A.R. 4.6, *7432 F.S.A., submitted by the Pinellas County Circuit Court.

Appellant (hereinafter the Bank) purchased a blanket banker’s bond from the appellee insurance company (hereinafter the Company), by which the Company agreed to indemnify and hold the Bank harmless as to various classes of losses, seven in number, one of which consisted of losses incurred “on premises”. As to this latter loss the bond provided inter alia:

“The losses covered by this bond are as follows:

On premises

(B) Any loss of…