Legal Opinion
BancInsure, Inc. v. Highland Bank
Court of Appeals for the Eighth Circuit
Decided March 3, 2015No. 13-3324PublishedCited by 1 opinion
1Opinion of the Court
LOKEN, Circuit Judge.
Banclnsure, a licensed Oklahoma insurance company, denied a claim by Highland Bank, a Minnesota corporation, under a Financial Institution Bond issued by Ban-clnsure to Highland Bank. In this diversity action, Banclnsure seeks a declaratory judgment that Highland Bank’s claim did not fall within the coverage terms of the Bond. Ruling on cross motions for summary judgment, the district court 1 granted summary judgment to Banclnsure. Applying Minnesota law, the court ruled that Highland Bank’s claim was not covered by the Bond’s “Insuring Agreement E” which, as relevant…
2Cases cited12 opinions
- Holmes v. Securities Investor Protection CorporationSupreme Court of the United States · 1992
- National City Bank of Minneapolis v. St. Paul Fire & Marine Insurance Co.Supreme Court of Minnesota · 1989
- Jefferson Bank v. Progressive Casualty Insurance CompanyCourt of Appeals for the Third Circuit · 1992
- Grinnell Mutual Reinsurance v. Roger SchwiegerCourt of Appeals for the Eighth Circuit · 2012
- First National Bank of Manitowoc, Plaintiff-Appellee/cross-Appellant v. Cincinnati Insurance Company, Defendant-Appellant/cross-AppelleeCourt of Appeals for the First Circuit · 2007
7 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Fishbowl Solutions, Inc. v. Hanover Insurance Company, TheDistrict Court, D. Minnesota · 2022