Fidelity & Deposit Co. of Maryland v. Hunt

CLARK, Circuit Judge.

This case now comes before us for the third time. It first appeared as an action by the statutory liquidator of the Penn General Casualty Company (the insurance commissioner of Pennsylvania and plaintiff-appellee here) against the present defendant-appellant to recover upon a policy of fidelity insurance issued by the latter. The gist of the action was that the president of the casualty company, one Love, had prior to its dissolution caused it to sustain a loss of $242,500 within the coverage of the policy ($10,000). The.defense was a failure to give defendant-appellant…