Comerica Bank v. Lexington Insurance Company

CONTIE, Senior Circuit Judge.

Plaintiff-appellant, Comerica Bank, appeals the district court’s grant of summary judgment to defendant-appellee, Lexington Insurance Co., in this diversity insurance contract case.

I

This case involves an insurance coverage dispute between plaintiff Comerica and defendant Lexington Insurance Co. On January 1, 1984, Comerica purchased a Trust Department Errors and Omissions Policy issued by Lexington (hereinafter, “the insurance policy”). The policy covered claims made against the bank from January 1, .1984 until January 1, 1987.

The actions taken by the bank’s trust…