Red Lake County State Bank and O.P. Gjerdingen v. Employer's Insurance of Wausau, a Mutual Company

McMILLIAN, Circuit Judge.

Red Lake County State Bank (bank) and O.P. Gjerdingen, (collectively, appellants), appeal from a final judgment entered in the District Court 1 for the District of Minnesota after a bench trial, holding that Employer’s Insurance of Wausau (Employer’s) had no duty to defend the bank in a lawsuit brought against it by a bank customer and denying appellants’ claim for attorney’s fees made under the terms of a Bankers Special Bond (bond) issued to the bank by Employer’s.

For reversal, appellants argue that (1) there was an ambiguity as to coverage which the district court…