Legal Opinion
First Federal Bank, F.S.B. v. Hartford Accident & Indemnity Co.
District Court, D. South Dakota
Decided May 7, 1991No. CIV 90-4172PublishedCited by 1 opinion
1Opinion of the Court
*1353MEMORANDUM OPINION AND ORDER
JOHN B. JONES, Chief Judge.
BACKGROUND
Defendant Hartford wrote a fidelity bond for plaintiff First Federal Bank with an effective date of October 1, 1985 and a limit of liability of $1,280,000.
The insuring agreement for the fidelity coverage insured against:
“(A) Loss resulting directly from dishonest or fraudulent acts of an Employee committed alone or in collusion with others.”
The bond provided coverage for losses discovered within the policy period and requires that legal proceedings for the recovery of any loss under the bond must be brought within twenty-four…
2Cases cited11 opinions
- First Hays Banshares, Inc. v. Kansas Bankers Surety Co.Supreme Court of Kansas · 1989
- Fidelity & Deposit Co. Of Maryland v. Harold J. Smith, Jr., Defendant-Third Party Appellee-Appellant v. Kessler-Bodenheimer, Third PartyCourt of Appeals for the Third Circuit · 1984
- Sheehan v. United Pacific Insurance Co.South Dakota Supreme Court · 1989
- United Bank & Trust Company of Norman, Oklahoma, an Oklahoma State Banking Corporation v. The Kansas Bankers Surety Company, a Kansas CorporationCourt of Appeals for the Tenth Circuit · 1990
- Sheehan v. Morris IrrigationSouth Dakota Supreme Court · 1987
6 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- First Dakota National Bank v. BancInsure, Inc.South Dakota Supreme Court · 2014