Federal Savings & Loan Insurance v. Transamerica Insurance
District Court, C.D. California
1Opinion of the Court
MEMORANDUM OPINION
FERNANDEZ, District Judge.
Transamerica Insurance Company (“Transamerica”) issued a Savings and Loan Blanket Bond to Northwestern Savings & Loan Association (“Northwestern”). When Northwestern suffered a loss, Transamerica denied coverage, and Federal Savings & Loan Insurance Corporation (“FSLIC”) ultimately brought this action to recover under the bond. It also sought punitive damages.
Both FSLIC and Transamerica have filed summary judgment motions. The Court will grant those motions in part, and deny them in part.
While the motions cover various issues, only the following…
2Cases cited19 opinions
- Clemmer v. Hartford Insurance Co.California Supreme Court · 1978
- Bernhard v. Harrah's ClubCalifornia Supreme Court · 1976
- Samson v. Transamerica InsuranceCalifornia Supreme Court · 1981
- First Federal Savings & Loan Ass'n v. Oppenheim, Appel, Dixon & Co.District Court, S.D. New York · 1986
- Southern Natural Gas Company, Cross-Appellee v. Pursue Energy, Cross-AppellantCourt of Appeals for the Fifth Circuit · 1986
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3Cited by4 opinions
- Federal Deposit Insurance Corporation, in Its Separate Corporate Capacity v. Aetna Casualty and Surety CompanyCourt of Appeals for the Sixth Circuit · 1990
- In Re Securities GroupsUnited States Bankruptcy Court, M.D. Florida · 1990
- Continental Casualty Co. v. Fibreboard Corp.District Court, N.D. California · 1991
- Jones v. St. Paul TravelersDistrict Court, N.D. California · 2007