United States Fidelity & Guaranty Co. v. Port Gibson Bank

MEMORANDUM OPINION AND ORDER

BARBOUR, District Judge.

This declaratory judgment action was brought by United States Fidelity and Guaranty Company (U.S.F. & G.), seeking an adjudication that it has no liability to the insured, Defendant Norman Ballard, and various of his creditors, including Defendant Port Gibson Bank (Bank) for a fire loss to a building and personal property items insured under a standard fire insurance policy issued by U.S.F. & G. U.S.F. & G. contends that it is not liable to the insured because, among other reasons, the fire was the result of arson chargeable to the insured.…