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MAY v. CONTINENTAL CAS. CO.

No. 04-PR-1232.

936 A.2d 747 (2007)

In re Charles A. MAY; Edward A. Beck, III, Appellant, v. CONTINENTAL CASUALTY COMPANY (CNA Surety), Appellee.

District of Columbia Court of Appeals.

Decided September 13, 2007.

Attorney(s) appearing for the Case

Kenneth J. Loewinger, Washington, District of Columbia, for appellant.

James F. Bromley, Washington, District of Columbia, for appellee.

Before GLICKMAN, Associate Judge, and STEADMAN and SCHWELB, Senior Judges.

GLICKMAN, Associate Judge:

This appeal requires us to construe the standard form of conservator's bond prescribed by the Register of Wills. The term of the bond is indefinite, as it continues in effect for the duration of the conservatorship, though the surety charges an annual premium. The issue is whether the surety's potential liability is limited to the penalty amount stated in the bond, regardless of the number of years the bond remains in force, or is cumulative...

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