South Dakota News

Alliance Lauds N.Y., Fla. Action on Modernizing State Producer Laws; More is Needed

The Alliance of American Insurers has issued a bulletin which praised recent efforts in New York and Florida to modernize producer licensing laws, but it also called for other states to follow suit. Alliance VP for Property/Casualty Rey Becker said …

ISO Claims Database Offers Access to Motor Vehicle Reports

Insurance Services Office, Inc. (ISO) has expanded its claims database — ISO ClaimSearch — to provide access to countrywide Motor Vehicle Reports (MVRs) for enhanced claims analyses and investigations capability. ISO ClaimSearch will provide insurers access to countrywide MVRs through …

Healthcare Environmental Liability

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

Community First Acquires Colo. Agency

Fargo, N.D.-based insurer Community First Insurance Inc. has acquired the Summit Insurance Group, located in Frisco, Colo., with offices in Leadville and Vail. “This purchase marks our 17th insurance acquisition since 2000,” said Mark Anderson, Community First’s president and CEO. …

DGI to Acquire Le Mars Insurance

Marietta, Pa.-based Donegal Group Inc. has agreed to acquire 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. The conversion, which …

Auto-Owners Opens N.D. Office

Lansing, Mich.-based insurer Auto-Owners Insurance Co. will be opening a claims and underwriting office in Fargo, N.D., according to Insurance Commissioner Jim Poolman. The new operation will house underwriting functions, claims, and marketing responsibilities for North Dakota and South Dakota. …

N.C. Auto Rates Drop to Ninth-Lowest in U.S.

The North Carolina Department of Insurance noted that a report released by the National Association of Insurance Commissioners (NAIC) indicates that North Carolina has the ninth lowest auto insurance rates in the nation, breaking into the top 10 after hovering …

Fifth Circuit Finding That Trademark is Not Advertising Limits Coverage B

Coverage B, the lesser-known part of the standard commercial general liability policy, provides coverage for personal injury and advertising injury. Coverage is defined by certain enumerated “offenses.” In regard to advertising injury, the offenses include misappropriation of advertising ideas or …

NAIER Announces CSR Award Winners

The National Alliance for Insurance Education & Research announced the selection of the state winners of the 2003 Outstanding CSR of the Year Award. The award originated in 1991 to recognize the contributions of outstanding customer service representatives within the …

Community First Acquires Wyoming Insurance Agency

An affiliate of Fargo, N.D.-based Community First Bankshares Inc. has acquired Larry Levitt Insurance Inc., located in Rock Springs, Wyo. It is the 15th insurance agency purchase since 2000, according to a statement released by the company. Forty-nine of the …