INSURANCE CO. v. CITIZENSBANK OF THOMASVILLE

83-1416.

491 So.2d 880 (1986)

INSURANCE COMPANY OF NORTH AMERICA v. CITIZENSBANK OF THOMASVILLE

Supreme Court of Alabama.

Rehearing Denied June 13, 1986.


Attorney(s) appearing for the Case

Robert L. Williams and Robert D. Norman of Norman, Fitzpatrick & Wood, Birmingham, for appellant.

Richard T. Dorman and James H. Frost of Johnstone, Adams, Howard, Bailey & Gorman, Mobile, and Wyman O. Gilmore, Grove Hill, for appellee.


TORBERT, Chief Justice.

This is an appeal by the Insurance Company of North America ("INA") from a judgment in favor of Citizensbank of Thomasville based on a jury verdict finding a bad faith refusal to pay an insurance claim.

Prior to Citizensbank's opening in August 1975, it obtained a banker's blanket bond from INA. The bond included fidelity coverage for fraudulent or dishonest acts of the officers and employees...

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