South Dakota News

NAMIC Issues P/C Legislative Analysis

One-fifth of the 251 property/casualty bills enacted in the states so far this year relate to the regulation of automobile insurance, according to an analysis by the National Association of Mutual Insurance Companies (NAMIC). “A total of 23 states approved …

Parting Shots: Mo. Agents Deserve Better

Larry Case In working with and representing Missouri’s independent agent community over the past 17 years, I have always believed that agents deserve more and better. That not only goes for the service delivered by the Missouri Association of Insurance …

The Guaranty Fund System: A Vital Safety Net

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 casualty insurance company insolvencies. Each of the 50 …

MI-Assistant: On the Brink

From the brink of the dustbin to the brink of a bright future, it’s been a bumpy ride recently for MI-Assistant, the Eleva, Wis.-based agency solutions provider. In the cutthroat world of competitive rating and agency management systems, the company …

Crop Insurers, Agents Unhappy With New SRA

The deadline for crop insurers to agree to the 2005 version of the federal crop insurance program’s Standard Reinsurance Agreement came and went June 30. And while all the 14 insurers who participated in the program last year have signed …

The Guaranty Fund System: A Vital Safety Net

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 company insolvencies. Each of the 50 states, plus …

People and Places

Wayne Cwik As part of its previously announced management restructuring, Neenah, Wis.-based Jewelers Mutual Insurance Co. promoted Wayne Cwik to vice president of actuarial services and JMI Insurance Services. Cwik will direct rate setting, rate and form filings with state …

Donegal Group Net Income Up for Q2 and Year-to-Date

Donegal Group Inc. of Marietta, Pa. reported improved results including increased net income for the quarter ended June 30, 2004 of $6,770,187, or $.50 per share, compared to $5,268,953, or $.56 per share, for the second quarter of 2003. The …

Harleysville Announces Field Office Changes

Harleysville Insurance of Harleysville, Pa., recently announced new appointments in three field offices serving independent agents and policyholders in the Mid-Atlantic and Midwest regions. The appointments include: — Michael L. Happe, resident vice president of Harleysville Insurance Company, a subsidiary …

First Midwest Partners With Bill Markve and Associates

Storm Lake, Iowa-based First Midwest Financial Inc. announced a new arrangement with Bill Markve and Associates (BM&A) to provide non-insured investment services and full-line insurance services through First Services Financial Ltd., whose parent is First Midwest’s wholly owned subsidiary, First …