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COMERICA INC. v. ZURICH AMERICAN INS. CO.

No. 06-10353.

498 F.Supp.2d 1019 (2007)

COMERICA INC., Plaintiff, v. ZURICH AMERICAN INSURANCE CO. and Houston Casualty Co., Defendants.

United States District Court, E.D. Michigan, Southern Division.

July 27, 2007.

Attorney(s) appearing for the Case

Robert G. Brower, Bodman, Detroit, MI, for Plaintiff.

Steven M. Wolock, Maddin, Hauser, Southfield, MI, for Defendants.

OPINION AND ORDER DENYING PLAINTIFF'S MOTIONS FOR PARTIAL SUMMARY JUDGMENT AND GRANTING DEFENDANT'S MOTION FOR SUMMARY JUDGMENT

LAWSON, District Judge.

Plaintiff Comerica, Inc., a financial services corporation (i.e., bank), entered into a settlement of five securities fraud class action lawsuits (which had been consolidated into two actions) for $21 million. Comerica's primary insurance carrier, Federal Insurance Company — which...

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