Legal Opinion
First Newton National Bank v. General Casualty Co. of Wisconsin
Supreme Court of Iowa
Decided June 15, 1988No. 87-700PublishedCited by 57 opinions
1Opinion of the Court
LAVORATO, Justice.
In this declaratory judgment action we must decide whether the district court properly found that the appellant insurance companies have potential liability in a lawsuit against a policyholder, the First Newton National Bank, and therefore have a duty to defend the bank on all counts in that suit. First Newton was sued with other parties for alleged misconduct in the financing of two distressed farms.
The appellants here are the General Casualty Company of Wisconsin and the Re gent Insurance Company. 1 They argue, in effect, that potential liability does not exist because the…
2Cases cited55 opinions
- Carey v. PiphusSupreme Court of the United States · 1978
- Kremers-Urban Co. v. American Employers Insurance Co.Wisconsin Supreme Court · 1984
- Sterilite Corp. v. Continental Casualty Co.Massachusetts Appeals Court · 1983
- APPALACHIAN INSURANCE COMPANY v. LIBERTY MUTUAL INSURANCE COMPANY, AppellantCourt of Appeals for the Third Circuit · 1982
- Continental Casualty Co. v. Gilbane Building Co.Massachusetts Supreme Judicial Court · 1984
50 more not listed; retrieve them via the Exa API.
3Cited by57 opinions
- A.Y. McDonald Industries, Inc. v. Insurance Co. of North AmericaSupreme Court of Iowa · 1991
- Sheets v. Brethren Mutual InsuranceCourt of Appeals of Maryland · 1996
- Interstate Power Co. v. Insurance Co. of North AmericaSupreme Court of Iowa · 2000
- Grube v. DaunCourt of Appeals of Wisconsin · 1992
- Wood v. Safeco Insurance Co. of AmericaMissouri Court of Appeals · 1998
52 more not listed; retrieve them via the Exa API.