CONTINENTAL INSURANCE COMPANY,  a corporation, Plaintiff-Appellee, No. 03-57162 v.  D.C. No. FEDERAL EXPRESS CORPORATION, a CV-00-00696-NMM corporation, Defendant-Appellant.  CONTINENTAL INSURANCE COMPANY,  a corporation, No. 03-57214 Plaintiff-Appellant, v.  D.C. No. CV-00-00696-NMM FEDERAL EXPRESS CORPORATION, a OPINION corporation, Defendant-Appellee.  Appeal from the United States District Court for the Central District of California Nora M. Manella, District Judge, Presiding

Argued and Submitted October 17, 2005—Pasadena, California

Filed June 29, 2006

Before: Procter Hug, Jr., Harry Pregerson, and Richard R. Clifton, Circuit Judges.

Opinion by Judge Hug