State Bancorp, Inc. v. United States Fidelity & Guaranty Insurance

The appellants, United States Fidelity and Guaranty Insurance Company (hereinafter “USF & G”) and Aetna Casualty & Surety Company (hereinafter “Aetna”), appeal the July 31, 1995 non-jury order of the Circuit Court of Monongalia County which entered a declaratory judgment in favor of the appel-lees, State Bancorp, Inc., Bruceton Bank, Ronald Fike and Paul Thomas.1 The circuit court stated in the July 31, 1995 order that USF & G and Aetna had a duty to defend the appellees in an underlying lender liability action and, thus, ordered USF & G and Aetna to reimburse the appellees $50,000.00 on a…