Abstract & Title Guaranty Company, Incorporated v. Chicago Insurance Company
Court of Appeals for the Seventh Circuit
1Opinion of the Court
KANNE, Circuit Judge.
This diversity ease comes to us after entry of summary judgment in favor of the defendant. The plaintiff appeals. For the reasons set forth below, we affirm.
I. Background
Abstract & Title Guaranty (ATG) provided services in connection with real estate transactions. It obtained an errors and omissions policy from Chicago Insurance Company (CIC) covering the period from November 2001 to December 2002. ATG fell in with a company called Royal Haven Builders and its principal Eric Tauer. This turned out to be a tremendously bad business decision. It appears that as Royal Haven…
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