Legal Opinion

Cincinnati Insurance v. Stonebridge Financial Corp.

District Court, E.D. Pennsylvania

Decided June 23, 2011No. Civil Action 2:10-CV-4131Published

1Opinion of the Court

MEMORANDUM AND ORDER

LEGROME D. DAVIS, District Judge.

Plaintiff Cincinnati Insurance Company seeks a declaration that no coverage exists for an underlying suit against its former insureds, Defendants Stonebridge Bank, Joseph Spada, and David Keller. Presently before the Court are the parties’ cross-motions for summary judgment (Docs. No. 23 & 24), and responses in opposition (Docs. No. 33 & 34). Upon careful consideration of the parties’ briefs and applicable case law, the Court DENIES Plaintiffs Motion and GRANTS Defendants’.

I. INTRODUCTION

We are asked to determine whether an…

2Cases cited22 opinions

  1. Kvaerner Metals Division of Kvaerner US, Inc. v. Commercial Union Insurance CompanySupreme Court of Pennsylvania · 2006
  2. Koppers Company, Inc. v. The Aetna Casualty and Surety Company Zurich Insurance Company the Travelers Indemnity Co. The American Home Assurance Company Commercial Union Insurance Company the Home Insurance Company Underwriter's at Lloyd's of London. Certain Underwriters at Lloyd's, London Certain Insurance Companies in the London Market, Referred to in This Action as "Jackson and Companies", ( Pursuant to Rule 12(a), f.r.a.p.) in No. 95-3432. Koppers Company, Inc. v. The Aetna Casualty and Surety Company Zurich Insurance Company the Travelers Indemnity Co. The American Home Assurance Company Commercial Union Insurance Company the Home Insurance Company Underwriters's at Lloyd's of London Certain Insurance Companies in the London Market, Referred to in This Action as "Jackson and Companies." ( Pursuant to Rule 12(a), f.r.a.p.) Koppers Company, Inc., in No. 95-3461Court of Appeals for the Third Circuit · 1996
  3. General Accident Insurance Co. of America v. AllenSupreme Court of Pennsylvania · 1997
  4. The Medical Protective Company v. William WatkinsCourt of Appeals for the Third Circuit · 1999
  5. Marx v. Hartford Accident and Indemnity CompanyNebraska Supreme Court · 1968

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