Shawmut Bank Connecticut v. Googins

RULING ON MOTIONS FOR SUMMARY JUDGMENT (DOCS. 34, 39, & 44)

ARTERTON, District Judge.

This action concerns the rights of a national bank to sell insurance under 12 U.S.C. § 92, which permits banks in towns with populations under 5000 (“places under 5000”) to act as insurance agents. Plaintiff Shawmut Bank brought this suit for declaratory and injunctive relief to prevent the defendant insurance commissioner Robert M. Googins from enforcing state laws against Shawmut that limit the ability of banks to sell insurance. Googins brought a counterclaim seeking declaratory judgment that § 92 permits…