South Dakota News

IIABA Member Earns S.D. Republican Gubernatorial Nomination

Mike Rounds, a Pierre, South Dakota-based independent insurance agent, advanced to that state’s 2002 gubernatorial general election when he ousted two heavily financed Republican opponents in the primary runoff Tuesday of this week. Rounds, 47, a partner with Fischer, Rounds …

S.D. Bank Fined $300,000 for Alleged Fraudulent Credit Sales

Minnesota Commerce Commissioner Jim Bernstein announced that Hurley State Bank of Sioux Falls, South Dakota has paid a civil penalty and investigative costs totaling $300,000 as a result of the Department’s continuing investigation into the sale and marketing of credit …

AAI Urging Senate Leadership to Take Action on Terrorism Bill

The Alliance of American Insurers has written to U.S. Senate Majority Leader Thomas Daschle (D-SD) and Minority Leader Trent Lott (R-MS) urging prompt consideration of the terrorism insurance bill, given the recent high-level predictions of future attacks. Alliance Senior Vice …

Ariz. HB 2192 to Protect Consumers who Depend on Structured Settlements

The Arizona Legislature passed a bill May 16 aimed at protecting consumers who depend on structured settlements, and could become the fourth state this year to enact such a law, according to the Alliance of American Insurers. Mississippi and Utah …

Ohio One of 6 States to Sign Innovative Cooperative Agreement for Market Conduct Exams

Ohio Department of Insurance Director Lee Covington has signed a cooperative agreement that will increase the efficiency and effectiveness of market conduct examinations of insurance companies doing business in Ohio. Market conduct exams determine the extent to which insurers comply …

S.D. Reminds Insurers of Change in Notice Requirements

The South Dakota Division of Insurance issued a reminder to insurance companies that the effective date for changes to the non-renewal notice requirements for commercial lines of insurance is on the horizon. July 1 is the date on which the …

Cattle Loom Large on the Farm & Ranch Scene

Whoopee ti yi yo, git along little dogies It’s your misfortune, and none of my own. Whoopee ti yi yo, git along little dogies, For you know Wyoming will be your new home. That trail song, used by historian Walter …

Cattle Loom Large on the Farm & Ranch Scene

Whoopee ti yi yo, git along little dogies It’s your misfortune, and none of my own. Whoopee ti yi yo, git along little dogies, For you know Wyoming will be your new home. That trail song, used by historian Walter …

S.D. Risk Manager to Lead PRIMA

The Public Risk Management Association (PRIMA) elected Tracy L. Dahl-Webb, a risk manager for the city of Brookings, S. D., as president of the association for 2002-2003. Dahl-Webb will take office in May at PRIMA’s annual convention in San Antonio, …

Utah Legislature Sends Structured Settlement Protection Bill to Gov.

The Utah Legislature has passed a bill aimed at protecting consumers who depend on structured settlements, becoming the first state this year to do so, according to the Alliance of American Insurers. Five other states are considering such legislation this …