South Dakota News

Manning Riddell Named Defendant in Lawsuit

Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). See the Jan. 24 and Jan. 26 stories on www.insurancejournal.com under National news. Manning Riddell allegedly issued more than 1,000 phony …

South Dakota Legislature Kills Auto Liability Increase Bill

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 insurance policy cost, …

South Dakota Senate Approves File-and-Use Bill

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 voted 33 to 2 in favor of S.B. …

RSA to Dissolve S.D. Claims Operation

Due to corporate restructuring, Royal & SunAlliance has announced that they will dissolve their telephone claims operation of 55 employees in Milbank, S.D. A statement released by the South Dakota Governor’s Office of Economic Development touted the location and employees …

Update on Alleged Life Agents E&O Fraud

Insurance Journal has discovered that there is an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722) in connection with the issuance of more than 1,000 phony Errors & Omissions policies for life insurance agents in some …

Life Agent’s Alleged E&O Fraud Uncovered by IJ

Insurance Journal has discovered that there is an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722) in connection with the issuance of more than 1,000 phony Errors & Omissions policies for life insurance agents in some …

Royal & SunAlliance Dissolves Telephone Claims Operations in South Dakota

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 class A seven-story multiple use building …

Healthcare Environmental Liability

Nuts & Bolts: Helix Insurance has a market for healthcare environmental liability. Dollars: $1 million per claim/$5 million aggregate. Deductibles of $0 physician groups/$5,000 institutions. Minimum premium of $2,000. Carrier: USF Insurance Co., “A”-rated. Non-admitted market. States Available: Alabama, Arkansas, …

Community First Acquires Colorado Insurance Agency

Community First Bankshares Inc., through its affiliate, Community First Insurance Inc., has acquired Arnold & Arnold, Inc., Littleton, Colo. Community First also has acquired an insurance book of business from Colorado Benefit Services Inc., Parker, Colo., in an unrelated transaction. …

Donegal Finalizes Le Mars Acquisition

Marietta, Pa.-based Donegal Group Inc. completed the previously announced acquisition of all of the outstanding capital stock of an affiliated company, Le Mars Mutual Insurance Co. of Iowa, following the conversion of Le Mars to a stock insurance company for …