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BANK OF RHODE ISLAND v. PROGRESSIVE CAS. INS. CO.

C.A. No. 13-164-M.

19 F.Supp.3d 378 (2014)

BANK OF RHODE ISLAND, Plaintiff, v. PROGRESSIVE CASUALTY INSURANCE COMPANY, Defendant.

United States District Court, D. Rhode Island.

Signed May 15, 2014.

Attorney(s) appearing for the Case

Adam M. Ramos , William R. Grimm , Hinckley, Allen & Snyder LLP, Providence, RI, for Plaintiff.

Gordon P. Cleary , Vetter & White, Providence, RI, Darius N. Kandawalla , Sabrina Haurin , Bailey Cavalieri LLC, Columbus, OH, for Defendant.

MEMORANDUM AND ORDER

JOHN J. McCONNELL, JR., District Judge.

Bank Rhode Island ("BankRI") lost a civil trial in Rhode Island Superior Court and the jury rendered a multimillion-dollar damages award against it. BankRI is now before the Court seeking its defense costs and indemnification from its insurer. The question presented in this case is whether BankRI's Directors and Officers ("D & O") insurance policy ("Policy") with Progressive Casualty Insurance...

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