South Dakota News

Take the pollution out of your D&O policy

Is your directors and officers policy polluted? Shareholders and environmental groups are taking a closer look at the environmental disclosures made by public companies. The U.S. General Accounting Office issued a report in July 2004, questioning the transparency of environmental …

States addressing widening tragedy of teen driver deaths

A new report uncovers the wider tragedy of fatal car crashes involving teen drivers and is putting new impetus behind state efforts to limit passengers in teenagers’ cars. Over the past decade, nearly two out of three victims in fatal …

Take the pollution out of your D&O policy

D&O insurers may invoke an ‘absolute’ pollution exclusion to deny coverage for claims that arise out of environmental reserves or other pollution. Is your directors and officers policy polluted? Shareholders and environmental groups are taking a closer look at the …

New Markets

Homeowners – TexasNuts & Bolts: Arrowhead General Insurance Agency Inc., based in San Diego, Calif., is rolling out a new homeowners program in Texas. Coverage highlights in-clude: Specified additional amount of insurance–Coverage A–allows up to 25 percent additional coverage in …

Policy Rescission

A hasty rescission action can lead to extra-contractual liability and, in this Massachusetts case, an unfortunate judicial opinion. by Harvey Weiner Although the road to rescission of an insurance policy can be covered with obstacles and potholes, usually a failed …

News Currents

States addressing widening tragedy of teen driver deaths A new report uncovers the wider tragedy of fatal car crashes involving teen drivers and is putting new impetus behind state efforts to limit passengers in teenagers’ cars. Over the past decade, …

New Markets

New Markets Commercial risks catastrophe cover Nuts & Bolts: International Catastrophe Insurance Managers and National Fire and Marine Insurance Company have launched a new catastrophic coverage product for commercial special risks. The product features earthquake policies for businesses with unique …

Court Upholds Repeal of Puerto Rico’s Countersignature Law

The U.S. Court of Appeals for the First Circuit has refused to overturn a ruling striking down Puerto Rico’s controversial countersignature law that required non-resident commercial insurance brokers to have the countersignature of a Puerto Rico resident agent before they …

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Over the past decade, nearly two out of three victims in fatal car crashes involving 15- to 17-year-old drivers were the passengers of the teen drivers, occupants in other cars or pedestrians. A new report uncovers the wider tragedy of …

Take the pollution out of your D&O policy

Is your directors and officers policy polluted? Shareholders and environmental groups are taking a closer look at the environmental disclosures made by public companies. The U.S. General Accounting Office issued a report in July 2004, questioning the transparency of environmental …