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CINCINNATI INS. CO. v. STAR FINANCIAL BANK

No. 93-1160.

35 F.3d 1186 (1994)

CINCINNATI INSURANCE COMPANY, Plaintiff-Appellant, v. STAR FINANCIAL BANK f/k/a Central Bank and Trust Company, Merchants National Bank of Muncie, and United States Fidelity & Guaranty Company, Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided September 19, 1994.

Attorney(s) appearing for the Case

Michael E. Brown, Jeffrey A. Doty (argued), Kightlinger & Gray, Indianapolis, IN, for plaintiff-appellant.

Peter H. Drumm (argued), John B. LaRue, Richard L. Ludwick, Benadum Cecil & Drumm, Muncie, IN, for Star Financial Bank.

Peter H. Drumm, Muncie, IN, for Merchants Nat. Bank of Muncie, U.S. Fidelity and Guar. Co.

Before WOOD, Jr. and KANNE, Circuit Judges, and FOREMAN, District Judge.

KANNE, Circuit Judge.

The Cincinnati Insurance Company ("Cincinnati") filed this declaratory judgment action against Star Financial Bank ("Star Bank"), Merchants National Bank of Muncie ("Merchants Bank"), and United States Fidelity & Guaranty Company ("USF & G").1 Cincinnati is Star Bank's insurance company. Cincinnati sought a determination that the insurance policy it issued to Star Bank (called a "depository institutions blanket...

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