Gerrity Co. v. Cigna Property & Casualty Insurance Co.

Opinion by

Judge PLANK.

Plaintiffs, The Gerrity Company and Robert Gerrity, appeal from the summary judgment entered against them and in favor of the defendant, CIGNA Property & Casualty Insurance Company (CIGNA). We affirm.

John and Barbara Selby originally owned John R. Selby, Inc. (Selby), a construction company. Selby had various contracts with the federal government to build, among other things, barracks on military bases. In order to obtain performance bonds required by the government, the Sel-bys executed personal guaranties to various surety companies on their federal government…