Commonwealth v. Transamerica Insurance

Opinion by

Judge Kramer,

This case comes within the original jurisdiction of this Court. It was commenced by the filing of a com,*192plaint in assumpsit filed by the Commonwealth of Pennsylvania (Commonwealth) on May 13, 1971 praying for judgment in the amount of $10,000, plus interest and costs, against the Transamerica Insurance Company (Transamerica). The Commonwealth alleges that Transamerica is liable under the terms of a bond (entitled Public Employe Faithful Performance Blanket Position Bond) issued by Transamerica’s predecessor company to become effective July 1, 1963. In the record before…