Progressive Casualty Insurance v. Federal Deposit Insurance

ORDER

ROBERT L. VINING, JR., Senior District Judge.

This matter is a declaratory judgment action brought by Progressive Casualty Insurance Company (“Progressive”) seeking a declaration that the directors and officers/company liability policy issued by Progressive to Omni National Bank (“Omni” or the “Bank”) does not afford coverage for claims asserted against certain named defendants in a related lawsuit filed by the Federal Deposit Insurance Company (“FDIC-R”). See Fed. Deposit Ins. Co. v. Klein, No. 1:12-cv-896 (N.D.Ga. filed Mar. 16, 2012) (the “FDIC-R receiver action”).

This director and…