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COLONIA INS. CO. v. CITY NAT. BANK

No. Civ.97-2115.

988 F.Supp. 1242 (1997)

COLONIA INSURANCE COMPANY, a New York corporation, and Associated Insurance Management Corporation, a New York corporation, Plaintiffs v. CITY NATIONAL BANK, Larry H. Putnam, Phillip Richmond, CC General Agency, Carolyn Jean Cooper, Donald Maurice Coleman, Marilyn J. Coleman, William R. Beason, Billy W. Beason, Michelle Thomas, Mark A. Thomas, Sharon Newsom, Betty I. Welch and Diana Welch, Defendants

United States District Court, W.D. Arkansas, Fort Smith Division.

December 9, 1997.

Attorney(s) appearing for the Case

M. Keith Blythe, Fort Smith, AR, James E. Nesland, Richard P. Salgado, Cooley, Godward, LLP, Denver, CO, for Plaintiffs.

S. Walton Maurras, Harper, Young, Smith & Maurras, Fort Smith, AR, for Defendant City Nat. Bank.

H. Ray Hodnett, Van Buren, AR, for Defendant Larry H. Putman.

G. Alan Wooten, R. Gregory Aclin, Warner, Smith & Harris PLC, Fort Smith, AR, for Defendant Phillip Richmond.

Jerry D. Pruitt, Fort Smith, AR, for Defendants CC Gen. Agency, Donald Maurice Coleman, Carolyn Jean Cooper, Marilyn J. Coleman.

Kevin Swindell, Hixon & Cleveland Law Office, Paris, AR, for Defendants William R. Beason, Billy W. Beason.

Ronald W. Metcalf, Fort Smith, AR, for Defendant Michelle Thomas, Mark A. Thomas, Betty I. Welch, Diana Welch.

Robert L. Jones, III, Jones Law Firm, Fort Smith, AR, for Defendants Midland Risk Ins. Co., Ronald W. Metcalf.

MEMORANDUM OPINION

H. FRANKLIN WATERS, District Judge.

This case is currently before the court on defendant Sharon Newsom's motion for summary judgment and plaintiffs' response thereto. For the reasons stated below, Newsom's motion is granted.

I. BACKGROUND

Defendant Sharon Newsom was employed by Arkansas General Agency, Inc. ("AGA"), a general insurance agency, from 1984 to 1996. Both AGA and Delta General Agency, Inc. (...

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