Judge: Disagreement And Lawsuit Are Not ‘Interrelated Wrongful Acts’ Under Policy

Mealey's (September 26, 2017, 2:01 PM EDT) -- SIOUX FALLS, S.D. — A South Dakota federal judge on Sept. 22 held that a 2013 disagreement and a 2015 lawsuit are not "interrelated wrongful acts" under an insurance policy and, therefore, the insured is owed directors, officers and entity liability coverage for the underlying lawsuit brought against it, its CEO and certain of its board members (South Dakota Network, LLC v. Twin City Fire Insurance Company Co., No. 16-04031, D. S.D., 2017 U.S. Dist. LEXIS 154886)....