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LITTLE v. MGIC INDEM. CORP.

No. 87-3061.

836 F.2d 789 (1987)

James P. LITTLE v. MGIC INDEMNITY CORPORATION and American Casualty Company, a/k/a American Casualty Company of Reading, a subsidiary of Continental Casualty Company and CNA Financial Corp., Appellants.

United States Court of Appeals, Third Circuit.

Decided December 31, 1987.

Rehearing and Rehearing Denied February 2, 1988.

Attorney(s) appearing for the Case

Theodore A. Boundas, Michael P. Tone, James A. Skarzynski (argued), Robert L. Suomala, Karen M. Costello, Petterson, Ross, Schloerb & Seidel, Chicago, Ill., Mark J. Gesk, Wayman, Irvin & McAuley, Pittsburgh, Pa., for appellants.

Frederick W. Thieman (argued), Hilner, Thieman & Fraas, Pittsburgh, Pa., for appellee.

Michael A. Pope, Michael M. Marick, Phelan, Pope & John, Ltd., Chicago, Ill., for amicus curiae American Reinsurance Co.

Harry Boyd, Los Angeles, Cal., for amicus curiae Harbor Ins. Co.

Joseph R. DeBriyn, Musick, Peeler & Garrett, Los Angeles, Cal., for amicus curiae Chicago Underwriters Group, Inc.

Robert Spolyar, Lebanon, Ind., for amicus curiae Nat. Ass'n of Mut. Ins. Companies.

Stephen A. Cozen, Richard C. Bennett, Cozen & O'Connor, Philadelphia, Pa., for amicus curiae Pacific Ins. Co.

Before SEITZ and STAPLETON, Circuit Judges, and BROTMAN, District Judge.

Rehearing and Rehearing In Banc Denied February 2, 1988.

OPINION OF THE COURT

SEITZ, Circuit Judge.

Defendant MGIC Indemnity Corporation ("MGIC") appeals an order of the district court granting summary judgment in favor of plaintiff James P. Little, 649 F.Supp. 1460. This court has jurisdiction under 28 U.S.C. § 1291 (1982).

I.

Beginning in 1983, Union National Bank ("UNB") was named as...

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