COLUMBIAN FINANCIAL CORP. v. BancInsure, Inc.
Court of Appeals for the Tenth Circuit
1Opinion of the Court
HARTZ, Circuit Judge.
I. INTRODUCTION
Banclnsure, Inc. (Banclnsure) appeals a declaratory judgment in favor of Columbian Financial Corporation and a former director, Carl McCaffree, (collectively, the Insureds) handed down by the United States District Court for the District of Kansas. The court held that the claims-made directors-and-officers liability policy (the Policy) issued by Banclnsure covered claims made until the expiration of the Policy on May 11, 2010, even though the Kansas State Bank Commissioner had declared the bank insolvent and appointed the Federal Deposit Insurance…
2Cases cited26 opinions
- Abbott Laboratories v. GardnerSupreme Court of the United States · 1967
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- Maryland Casualty Co. v. Pacific Coal & Oil Co.Supreme Court of the United States · 1941
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