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FIRST TEXAS SAV. ASS'N v. RELIANCE INS. CO.

No. 90-1641.

950 F.2d 1171 (1992)

FIRST TEXAS SAVINGS ASSOCIATION, Plaintiff-Appellee, and First Gibraltar Savings Association, FSB, Intervening Plaintiff-Appellee, v. RELIANCE INSURANCE CO., Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied February 21, 1992.

Attorney(s) appearing for the Case

James A. Knox, Stephen L. Baskind, Michael D. Farris, Vial, Hamilton, Koch & Knox, Dallas, Tex., Joe R. Greenhill, Baker & Botts, Austin, Tex., for defendant-appellant.

Bart Wulff, Sarah L. Scharnberg, Frederick Bartlett Wulff, Sr., Cohen, Simpson, Cowlishaw, Aranza & Wulff, Clarice M. Davis, Akin, Gump, Strauss, Hauer & Feld, Dallas, Tex., for plaintiff-appellee.

Before POLITZ, Chief Judge, REAVLEY, and JOLLY, Circuit Judges.

REAVLEY, Circuit Judge:

Reliance Insurance Company (Reliance) appeals from an $8.4 million judgment in favor of First Texas Savings Association (First Texas) and First Texas' successor in interest, First Gibraltar Savings Association, FSB. The judgment is based on a jury's findings that First Texas suffered a loss covered by a standard form Savings and Loan Blanket Bond (the Bond) that Reliance issued to First Texas on July 9, 1984, and that Reliance engaged in unfair...

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