Guaranty Service Corporation, Cross-Appellees v. American Employers' Insurance Company, Cross-Appellant

ON PETITION FOR REHEARING

Before CLARK, Chief Judge, POLITZ and WILLIAMS, Circuit Judges. PER CURIAM:

In a petition for panel rehearing, American Employers’ Insurance Company (“American”) contends that our denial of American’s counterclaim against its insureds, Guaranty Service Corporation, Southern Mortgage Services Corporation, and Southern Federal Savings and Loan Association (collectively “Monaco”), was premised on an erroneous factual statement. In Part III.A of our previous opinion, Guaranty Service Corp. v. American Employers’ Insurance Co., 893 F.2d 725, 731 (5th Cir.1990), we stated:…