Valley Community Bank v. Progressive Casualty Insurance

ORDER GRANTING DEFENDANT’S MOTION FOR SUMMARY JUDGMENT AND DENYING PLAINTIFF’S CROSS MOTION FOR PARTIAL SUMMARY JUDGMENT

EDWARD M. CHEN, District Judge.

Defendant’s motion for summary judgment and Plaintiffs cross motion for partial summary judgment came on before the Court on February 3, 2012. For the reasons set forth below, the Court GRANTS Defendant’s motion for summary judgment and DENIES Plaintiffs cross motion for partial summary judgment.

I. FACTUAL & PROCEDURAL HISTORY

In June 2007, Plaintiff submitted an application to Defendant for Bond and Safe Depository Coverage. Docket No. 41, Exh.…