Kinzer v. Fidelity and Deposit Co. of Maryland

PRESIDING JUSTICE SCARIANO

delivered the opinion of the court:

Fidelity and Deposit Company of Maryland (Fidelity) appeals from the grant of partial summary judgment in favor of Phyllis C. Kinzer (Kinzer) holding Fidelity liable under a public employees’ bond (the bond), which Fidelity issued to the City of Chicago (the City) in 1977, and from a grant of summary judgment in favor of Kinzer in the amount of $1,075,000, plus prejudgment interest.

Kinzer cross-appeals from the trial court’s order which limited Fidelity’s liability under the bond to $1,075,000 and adjudicated how the City’s "loss”…