Federal Deposit Insurance v. Firemen's Insurance

The Federal Deposit Insurance Company (“FDIC”) appeals the district court’s order granting the cross-motion for summary judg ment of Firemen’s Insurance Company (“Firemen’s”) in a declaratory judgment action to determine coverage under a savings and loan blanket bond for losses claimed by the FDIC as a successor-in'-interest to United Savings Association of Texas (“USAT”). Firemen’s cross-appeals the district court’s earlier order denying partial summary judgment on the issue of whether the FDIC provided proper notice of loss. Finding no error, we affirm.

I. Background

A The Couch Transactions

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