South Dakota News

Donegal Group Unveils Q1 Numbers

Pennsylvania-based Donegal Group Inc. reported net income for the quarter ended March 31, 2004 of $11,732,306, or $.87 per share on a diluted basis, which includes an extraordinary gain of $5,445,670, or $.40 per share on a diluted basis, related …

Changes In Federal Crop Insurance Regulations Affect Montana Farmers

Changes in federal crop insurance regulations will prevent farmers in the region from collecting two full losses for crops planted on the same ground in a single crop year, a federal agriculture official said. The changes put in place for …

CIAB Proceeds to Dismiss W. Virginia Lawsuit Following State Overturn of Counter-Signature Statute

The Council of Insurance Agents & Brokers (CIAB) reported it will dismiss its federal lawsuit challenging West Virginia’s counter-signature requirements for out-of-state insurance brokers because the state has moved to overturn that statute. Ken Crerar, president of The Council, praised …

The Sad Case of the Mad Cow

The discovery in December 2003 of the first known case of bovine spongiform encephalopathy (BSE)—commonly known as mad cow disease—in the United States was a downer, both literally and figuratively. A United States Department of Agriculture veterinarian maintains the animal—discovered …

S.D. GOV SIGNS FILE-AND-USE BILL:

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 also exempts large …

Manifestation and Reporting of Mold Claims

New mold, even if it “ensues” from an old leak, may be covered. Whether mold is ever covered under a homeowners policy—outside of the promulgated mold endorsements—is still a hotly debated issue. Although the mold crisis in Texas may have …

The Sad Case of the Mad Cow

The discovery in December 2003 of the first known case of bovine spongiform encephalopathy (BSE)—commonly known as mad cow disease—in the United States was a downer, both literally and figuratively. A United States Department of Agriculture veterinarian maintains the animal—discovered …

Brooke: A Franchise Player

Jack Cassell “was pretty happy just being a producer,” and he had been since entering the insurance business in 1979. But he saw an opportunity when the agency he was working for, Wichita, Kan.-based Manning & Smith Insurance was acquired …

Personal Lines Issues Dominate Mich. Agents Convention

A host of personal lines issues — ranging from credit scoring to a commissioner-requested data call to state fines on drivers with no proof of auto insurance — headlined the Michigan Association of Insurance Agents (MAIA) convention last February and …

Before Being Destroyed, Bartman Ball Was Insured

A combination of heat, pressure and explosives was used last February to blow to smithereens the baseball involved in a play that some Cubs fans say cost their beloved team a trip to its first World Series in 58 years. …