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F.D.I.C. v. DENSON

Civil Action No. 3:11CV498TSL-MTP.

908 F.Supp.2d 792 (2012)

The FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver For Heritage Banking Group, Formerly A Mississippi Banking Corporation, Plaintiff v. Kathryn DENSON, a/k/a Kat Denson, and Progressive Casualty Insurance Company, Defendants.

United States District Court, S.D. Mississippi, Jackson Division.

November 7, 2012.

Attorney(s) appearing for the Case

Michael D. Simmons, Cosmich & Simmons, PLLC, Jackson, MS, for Plaintiff.

Stephen Lee Thomas, Kathleen Shields O'Beirne, Bradley Arant Boult Cummings LLP, Jackson, MS, for Defendants.

MEMORANDUM OPINION AND ORDER

TOM S. LEE, District Judge.

The Federal Deposit Insurance Corporation (FDIC), as Receiver for Heritage Banking Group (the Bank), filed the present action against Progressive Casualty Insurance Company (Progressive) alleging that Progressive wrongly denied coverage under a Financial Institution Bond issued to the Bank by which Progressive agreed to indemnify the Bank for financial losses resulting from employee dishonesty...

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