South Dakota News

CIAB Urges W. Va. Governor to Ink Legislation Repealing Counter-Signature Statute

The Council of Insurance Agents & Brokers (CIAB) on Thursday sent a letter to West Virginia Gov. Bob Wise urging him to sign legislation approved by the West Virginia House and Senate repealing that state’s counter-signature requirements for insurance brokers. …

Reining in Comp’s Transition Costs

One TPA Says It Has the Secret At first glance, Jeffrey McDaniel does not seem disabled. He is built like a football player, and in his mesh green and gold jersey he looks like one too. A pat on the …

RTW Lands Minn. Assigned Risk Contract

Minneapolis-based workers’ compensation insurer and third-party administrator RTW Inc. has been awarded a three-year contract with the Minnesota Assigned Risk Plan. Under the terms of the contract, RTW will provide policy issuance and claims management services to 25 percent of …

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 …

Tort Reformers Look to Score in States after Washington Strikes Out

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 with torts, but they did …

USDA EXPANDS CROP COVER:

Farmers in 13 states now have the opportunity to reduce the cost of their crop insurance by up to 10 percent, in an innovative program approved recently by the U.S. Department of Agriculture (USDA). Crop1 Insurance Inc. announced that it …

It Can’t Be Done: Article 21.55 and the Duty to Defend

Almost two years ago, I wrote a column for “Legal Beat” entitled It Couldn’t Be Done: The Policyholder’s Idea to Reinvigorate Third Party Bad Faith. The article outlined the attempts by a very clever Dallas policyholder attorney and his colleagues …

NAMIC Encourages S.D. Gov to Sign File-and-Use Bill

An overwhelming 66-1 vote by the South Dakota House of Representatives that nearly completes the state’s journey to property/casualty rate modernization was lauded by the National Association of Mutual Insurance Cos. (NAMIC). The state Senate had previously approved SB 37 …

Progressive Offers Commercial Auto in Dakotas

The Mayfield Village, Ohio-based Progressive group of insurance companies, the country’s number one monoline commercial auto insurer, has announced plans to start selling its commercial auto product in both North and South Dakota. The product will be available through almost …

USDA Expands Discounted Crop Insurance

Farmers in 13 states now have the opportunity to reduce the cost of their crop insurance by up to 10 percent, in an innovative program approved recently by the U.S. Department of Agriculture (USDA). Crop1 Insurance Inc. announced today that …