Legal Opinion
Penn Securities Co. v. Home Indemnity Co.
District Court, M.D. Pennsylvania
Decided March 31, 1976No. 75-1226 CivilPublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
NEALON, District Judge.
Plaintiffs, all subsidiaries of Pennsylvania Life Company (Penn Life) engaged in the business of selling securities to the public,1 seek in this action a declaratory judgment affirming the existence of insurance coverage under two fidelity bonds issued by defendant Insurance Company of North America (INA) and one such bond issued by defendant Home Indemnity Company (Home). INA is a Pennsylvania corporation with its principal place of business in Philadelphia. Home is a New Hampshire corporation with its principal place of business in New York.…
2Cases cited9 opinions
- American Fire & Casualty Co. v. FinnSupreme Court of the United States · 1951
- Pullman Co. v. JenkinsSupreme Court of the United States · 1939
- Snow v. PowellCourt of Appeals for the Tenth Circuit · 1951
- Young Spring & Wire Corp. v. American Guarantee & Liability InsuranceDistrict Court, W.D. Missouri · 1963
- Hyde v. CarderDistrict Court, W.D. Kentucky · 1970
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3Cited by2 opinions
- Auto Insurance Agency, Inc. v. Interstate Agency, Inc.District Court, D. South Carolina · 1981
- Jersey Paving Co. v. Fid. & Deposit Co. of Md.District Court, D. New Jersey · 1985