South Dakota News

Venture Programs Names Pacelli Western Risk Manager

Portland, Ore.-based Venture Programs Inc. (www.ventureprograms.com) announced that it has named Teresa Pacelli, to the position of risk manager for the company’s western region. As a risk manager, Pacelli’s responsibilities include managing claims and loss control services for workers’ compensation …

Malpractice Carrier Pulls Out of Wyoming

A Minnesota-based insurance company is dropping medical malpractice coverage for doctors who practice in Wyoming, a Gillette insurance agent said recently. “I’m sure there’s a lot of factors involved” in Midwest Medical Insurance Co.’s decision to limit the coverage, said …

Noodle Specialty To Distribute Surplus Lines Liability Products from A+ XV-rated Carrier

Noodle Specialty Brokers (NSB), a division of InsuranceNoodle, Inc., announced: “Surplus lines liability products from an A+ XV-rated non-admitted carrier are now available via appointed wholesalers in 17 states and the District of Columbia, or through InsuranceNoodle for its network …

State, Federal Regs Concern Outgoing Big ‘I’ President

During my term we have made numerous advances, I couldn’t have done any of them without the help of the Executive Committee and dedicated committee members,” said Louise “BeBe” Canter, president of the Independent Insurance Agents & Brokers of America …

Canter Predicts State, Federal Regulation to Detrimentally Affect Industry

More than 120 firms participated in the Big “I” Exhibit “During my term we have made numerous advances and I couldn’t have done any of them without the help of the Executive Committee and dedicated committee-members,” said Louise “BeBe” Canter, …

Study: Caps Would Save Companies 15 Percent

Groups for and against capping noneconomic damage awards for medical malpractice both claimed that a Wyoming Healthcare Commission report upholds their positions. The study suggests that capping noneconomic damages at $250,000 could reduce insurance company losses by 15 percent. The …

Big ‘I’ Weighs Minority Producer Database

The Independent Insurance Agents and Brokers of America is considering a proposal to compile a nationwide database of minority-owned agencies for carriers looking to expand their presence in urban markets to utilize, the group’s Diversity Task Force Chair Joe Hernandez …

Big ‘I’ Applauds Countersignature Trends

The Independent Insurance Agents & Brokers of America (The Big “I”) is applauding continuing efforts by state policymakers and federal courts to eliminate countersignature laws. The Big “I” has pursued the elimination of countersignature laws ever since its National Board …

S.D. Insurance Alliance Announces Fall Education Clinic

The South Dakota Insurance Alliance‘s fall clinic, scheduled for Nov. 10, 2004, will feature a range of industry experts addressing a broad array of topics, including auto injury claims, workers’ compensation, and state and national politics. Elizabeth Sprinkel, the senior …

N.C. Moves to 8th Lowest Auto Rates in Nation

A report released by the National Association of Insurance Commissioners comparing auto insurance rates in all 50 states and the District of Columbia found that North Carolina ranks eighth in the nation for the lowest rates. This is an improvement …