Latest South Dakota Headlines
All the headlines from our South Dakota Topic Page, ordered by recency.
N.D., S.D., Iowa Drivers Enjoy Lowest Auto Rates: NAIC Report
Sep 23 2005 // According to the NAIC’s “State Average Expenditures & Premiums for Personal Auto Insurance in 2003,” North Dakota drivers enjoy the lowest average auto insurance premiums in the nation. North...
S.D. Agent Investigation Under Scrutiny
Sep 15 2005 // South Dakota state legislators have asked Division of Insurance officials to explain how they investigate agents and companies, and how they resolve conflicts with them, after hearing complaints this week from two...
S.D. DOI Returns $3M to Consumers
Aug 29 2005 // About $3 million was returned to South Dakota consumers in fiscal year 2005 from the South Dakota Division of Insurance’s consumer assistance program, according to the department’s division director. According...
Insurer Exec Scheiber Named to Head S.D. Insurance Division
Jul 20 2005 // A Sioux Falls insurance executive has been appointed as the new director of the South Dakota Division of Insurance, the Argus Leader reported. Merle Scheiber will take over on Aug. 18 after departing his current position...
The Guaranty Fund System: A Vital Safety Net
Jul 22 2004 // Suzanne Sahakian Property/casualty guaranty funds were created by state statutes beginning in the late 1960s to protect the public against financial losses to policyholders and claimants as a result of property and...
The Guaranty Fund System: A Vital Safety Net
Jul 19 2004 // Property/casualty guaranty funds were created by state statutes beginning in the late 1960s to protect the public against financial losses to policyholders and claimants as a result of property and casualty insurance...
Making the Rounds With South Dakota’s Governor
May 17 2004 // Michael Rounds was having trouble sleeping at night. An insurance agent by trade and a politician by passion, he had told close friends and associates that he would not run for the governorship of South Dakota. It was...
Making the Rounds With South Dakota’s Governor, a Former Insurance Agent
May 16 2004 // Michael Rounds Michael Rounds was having trouble sleeping at night. An insurance agent by trade and a politician by passion, he had told close friends and associates that he would not run for the governorship of South...
S.D. GOV SIGNS FILE-AND-USE BILL:
Apr 5 2004 // As expected, South Dakota Gov. Michael Rounds, a Republican, has signed a bill that converts personal lines rate filings from prior approval to file-and-use. South Dakota is the first state to do so this year. The bill...
S.D. Gov Signs File-and-Use Bill
Mar 10 2004 // As expected, South Dakota Gov. Michael Rounds, a Republican, has signed a bill that converts personal lines rate filings from prior approval to file-and-use. South Dakota is the first state to do so this year. The bill...
Tort Reformers Look to Score in States after Washington Strikes Out
Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...
South Dakota Legislature Kills Auto Liability Increase Bill
Feb 5 2004 // The South Dakota legislature has killed a House bill that would have reportedly increased the cost of auto liability insurance by as much as 20 percent. “South Dakota is Number 46 among the 51 states in auto...
South Dakota Senate Approves File-and-Use Bill
Feb 3 2004 // The South Dakota Senate’s overwhelming approval of a bill to modernize the state’s property/casualty insurance rating system will lay the groundwork to attract new companies to the state. The Senate last week...
Royal & SunAlliance Dissolves Telephone Claims Operations in South Dakota
Jan 23 2004 // Due to corporate restructuring, Royal & SunAlliance has announced that they will dissolve their telephone claims operation of 55 claim professionals in Milbank SD. Located just 3 hours west of Minneapolis MN in a...
NAII Lauds S. Dak. Credit Scoring Rules
Nov 20 2002 // South Dakota’s Division of Insurance has adopted new rules governing the use of credit based insurance scoring that the National Association of Independent Insurers indicates “strikes a balance between...
IIABA Member Earns S.D. Republican Gubernatorial Nomination
Jun 10 2002 // Mike Rounds, a Pierre, South Dakota-based independent insurance agent, advanced to that state’s 2002 gubernatorial general election when he ousted two heavily financed Republican opponents in the primary runoff...
South Dakota Department to Approve Insurers’ Requests
Dec 18 2001 // Responding to insurers’ concerns over the future availability of reinsurance coverage for terrorism, Darla L. Lyon, director of South Dakota’s Division of Insurance, announced the department will approve...
South Dakota Supreme Court Rejects Third-Party Bad Faith Lawsuits
Sep 24 2001 // The insurance industry applauded the South Dakota Supreme Court for its recent review and rejection of a third-party bad faith lawsuit against an insurance company. “This is a major victory for insurers and their...
South Dakota Agency Purchased by Community First
Aug 3 2001 // New Concept Insurance Agency of Vermillion, S.D., was purchased by Community First Insurance Inc., an affiliate of Community First Bankshares Inc. New Concept was started in 1981 by Rich Job and focuses on commercial,...
South Dakota Man Charged With Insurance Fraud
Nov 28 2000 // A South Dakota grand jury indicted a man late last month for filing a false insurance claim. The grand jury charged Steven Fideler, 45, with one count of filing a false insurance claim and one count of manufacturing a...
