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North Dakota Law Upholds Insureds Step-Down Clauses

The Supreme Court of North Dakota in Nodak Mutual Ins. Co. v. Bahr-Renner, 2014 WL 656868 (N.D., Feb. 20, 2014), recently considered whether a step-down provision in an automobile liability policy violated North Dakota‚Äôs financial responsibility law. The step-down clause …