Hudson United Bank v. Progressive Casualty Insurance
District Court, E.D. Pennsylvania
1Opinion of the Court
Memorandum and Order
YOHN, District Judge.
Plaintiff Hudson United Bank (“Hudson”) is the successor by merger to Regent National Bank (“Regent”). Defendant Progressive (“Progressive”) issued a bond to insure Regent against certain types of losses. Hudson sues Progressive for payment under the bond, alleging that the circumstances surrounding Regent’s losses in its automobile insurance premium finance business (“IPF business”) trigger Progressive’s bond obligation. Progressive, arguing that the facts alleged do not trigger its bond obligations, moves for dismissal under Fed.R.Civ.P. 12(b)(6).…
2Cases cited4 opinions
- Hishon v. King & SpaldingSupreme Court of the United States · 1984
- Pension Benefit Guaranty Corporation v. White Consolidated Industries, Inc., C/o Ct Corporation Systems Registered AgentCourt of Appeals for the Third Circuit · 1993
- Holder v. City of AllentownCourt of Appeals for the Third Circuit · 1993
- Rorer Group, Inc. v. Insurance Co. of North AmericaSuperior Court of Pennsylvania · 1995
3Cited by2 opinions
- Keybank Natl. Assn. v. National Union Fire Ins. Co. of Pittsburgh, PAAppellate Division of the Supreme Court of the State of New York · 2015
- Hudson United Bank v. Progressive Casualty InsuranceDistrict Court, E.D. Pennsylvania · 2003