Ashland Savings & Loan Ass'n v. Aetna Insurance

MEMORANDUM OPINION

Marovitz, District Judge.

Motions for Summary Judgment and Judgment on the Pleadings

This is a contract action alleging, alternatively, a breach of each defendant’s contract of insurance with plaintiff. Jurisdiction is based on diversity of citizenship since plaintiff Ashland Savings & Loan Association (Ashland) is an Illinois corporation and defendants Aetna Insurance Company (Aetna) and Insurance Company of North America (INA) are corporations of Connecticut and Pennsylvania, respectively.

As amended and supplemented, the Complaint essentially alleges that INA insured Ashland…