American Mutual Share Ins. v. Cumis Ins. Soc., 08ap-576 (1-29-2009)

OPINION

{¶ 1} American Mutual Share Insurance Corporation ("ASI"), as the conservator of United Telephone Credit Union ("UTCU"), appeals the judgment of the Franklin County Court of Common Pleas granting summary judgment to CUMIS Insurance Society, Inc. ("CUMIS"). In the trial court, ASI, as conservator for UTCU, sought coverage under a fidelity bond issued by CUMIS. On appeal, ASI contends that the trial court erred by finding that CUMIS had no obligation to cover the losses suffered by UTCU. Because UTCU did not timely give CUMIS notice of the discovery of loss, and because UTCU failed to…