Legal Opinion
Okada v. MGIC Indemnity Corp.
Court of Appeals for the Ninth Circuit
Decided July 31, 1986No. 85-2501PublishedCited by 21 opinions
1Opinion of the Court
FERGUSON, Circuit Judge:
Defendant MGIC Indemnity Corporation (“MGIC”) appeals the district court’s grant of summary judgment in favor of plaintiffs Glenn K. Okada, William E. Takabayashi, and Richard A. Cooke, Jr. (“insureds”), who were insured under a Directors and Officers Errors and Omissions policy issued by MGIC. The district court ruled that MGIC had a duty to pay the defense costs of insureds as those costs came due in lawsuits alleging losses caused by the insureds as directors of a savings and loan association (“the underlying lawsuits”); that more than one potentially covered “loss”…
2Cases cited13 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- First Ins. Co. of Hawaii v. StateHawaii Supreme Court · 1983
- Sturla, Inc. v. Fireman's Fund InsuranceHawaii Supreme Court · 1984
- Pepsico, Inc. v. Continental Casualty Co.District Court, S.D. New York · 1986
- Hanagami v. China Airlines, Ltd.Hawaii Supreme Court · 1984
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3Cited by21 opinions
- Stonewall Insurance Company, Plaintiff-Appellant-Cross-Appellee v. Asbestos Claims Management Corporation, Defendant-Appellee-Cross-Appellant, Liberty Mutual Insurance Company, Underwriters at Lloyds, Continental Casualty Company, American Motorists Insurance Company, Affiliated Fm Insurance Company, Republic Insurance Company, First State Insurance Company, United States Fire Insurance Company, Houston General Insurance Company, Twin City Fire Insurance Company, Old Republic Insurance Company, American Centennial Insurance Company, the Constitution State Insurance Company, Employers Insurance of Wausau, and Commercial Union Insurance Company, Defendants-Appellants-Cross-Appellees, and the Travelers Insurance Company, Asbestos Claims Management Corporation, Third-Party-Plaintiff-Appellee-Cross-Appellant v. International Insurance Company, Third-Party-Defendant-Appellant-Cross-Appellee, and H.S. Weavers (Underwriting) Agencies, Ltd., Third-PartyCourt of Appeals for the First Circuit · 1995
- Mt. Hawley Insurance v. Federal Savings & Loan InsuranceDistrict Court, C.D. California · 1987
- Great Northern Insurance v. Benjamin Franklin Federal Savings & Loan Ass'nDistrict Court, D. Oregon · 1990
- Guerrido García v. Universidad Central de BayamónSupreme Court of Puerto Rico · 1997
- American Casualty Company of Reading, Pennsylvania, and Continental Casualty Company Cna Financial Corporation Cna Insurance Companies, Counterclaim-Defendants-Appellants v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Ernest W. Baker, and Peter T. Fletcher, Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, and Franklin D. Hatridge Defendant-Counter-Claimant-Appellant v. Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants-Appellees, and Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher, Bernard Baker, Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants, Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris, Jr., Defendants-Counter-Claimants-Appellants, Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants, Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants-Appellees, Resolution Trust Corporation, Defendant-Intervenor-Appellant. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, John E. Egdahl Walter L. Huckabay Joe D. McCarthy Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants-Appellees, Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter, Defendants-Counter-Claimants-Appellants, William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants, Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania, Plaintiff-Appellee-Cross-Appellant v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, Defendants-Appellants-Cross-Appellees, Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants-Appellees-Cross-Appellants, Resolution Trust Corporation, Defendant-Intervenor-Appellant-Cross-Appellee. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge Peter T. Fletcher Bernard Baker, Bruce A. Kehrli James D. Stroffe, Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants, Resolution Trust Corporation, Defendant-IntervenorCourt of Appeals for the Ninth Circuit · 1994
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