Commonwealth v. Transamerica Insurance

OPINION OF THE COURT

NIX, Justice.

This is an appeal from an order of the Commonwealth Court, proceeding under its original jurisdiction, 1 from which the Commonwealth appealed. The Commonwealth filed a complaint in assumpsit seeking judgment in the amount of $10,000 plus interest and costs against appellee, Transamerica Insurance Company. The asserted liability was predicated upon a bond (entitled Public Employe Faithful Performance Blanket Position Bond) is sued by Transamerica’s predecessor company which undertook to indemnify the Commonwealth against any loss, up to a maximum of $10,000…