Court of Appeals for the Sixth Circuit July 28, 1986, 85-3171 (Mgic Indemnity Corporation v. Home State Savings Association)

DAVID A. NELSON, Circuit Judge.

This case presents a question of coverage under a policy of director and officer liability insurance. The policyholder, Home State Savings Association, settled certain criminal charges against it by agreeing to make restitution of fees it had received from commercial customers for standby loan commitments.