National Union Fire Insurance v. Wilkins-Lowe & Co.

National Union Fire Insurance Company of Pittsburgh (“National Union”), as subro-gee of First Affiliated Securities, Inc. (“FAS”), appeals from the decision of the district court granting summary judgment to six defendants in National Union’s action against them. National Union had insured FAS against the defalcations of its representatives and paid FAS’s claims arising out of losses due to fraudulent actions by James Hall, an FAS agent. In this action, National Union alleged that each of the defendants shared Hall’s culpability and attempted to recover the payments it made to its insured,…