St. Paul Reinsurance Co. v. Commercial Financial Corp.

MEMORANDUM OPINION AND ORDER REGARDING TRIAL ON THE MERITS

BENNETT, Chief Judge.

TABLE OF CONTENTS

I.INTRODUCTION.1060

A. Motion To Amend The Complaint.1061

1. The parties’ arguments.1061

2. Rule 15(b).1062

3. Rule 15(a).1067

B. Findings of Fact .1068

II. LEGAL ANALYSIS..1072

A. IBIS’s Role.1073

1. What is a “soliciting agent” under Iowa law?.1073

2. Is IBIS a “soliciting agent”?.1075

3. Applicability of IOWA CODE § 515.123 .1077

4. Effect of the applicability of IOWA CODE § 515.123 5. IBIS’s knowledge. B. Fraud Claim. O Cm CO 00 OO CO o o o 1 — 1 T — i 1 — 1

III. CONCLUSION. .1084

I. INTRODUCTION

This…