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F.D.I.C. v. CNA CAS. OF PUERTO RICO

Civ. No. 90-2315 (JP).

786 F.Supp. 1082 (1991)

FEDERAL DEPOSIT INSURANCE CORPORATION as Manager of the FSLIC Resolution Fund, Plaintiff, v. CNA CASUALTY OF PUERTO RICO, Defendant.

United States District Court D. Puerto Rico.

November 22, 1991.

Attorney(s) appearing for the Case

Enrique Peral Soler, Muñoz, Boneta, González, Arbona, Benitez & Peral, Hato Rey, P.R., for plaintiff.

María E. Picó, Rexach & Picó, Miramar, P.R., for defendant.

OPINION AND ORDER

PIERAS, District Judge.

This is an action by the Federal Deposit Insurance Corporation ("FDIC"), as manager of the FSLIC Resolution Fund, seeking payment of a claim made under a fidelity bond issued by CNA Casualty of Puerto Rico ("the Underwriter") and for damages as a result of the Underwriter's alleged bad faith in adjusting the claim. The Court has before it defendant's Motion for Summary Judgment and the plaintiff's opposition thereto...

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