South Dakota News

States’ Insurance Oversight Surveyed

Roughly three-quarters U.S. residents live in states where insurance departments do not receive adequate funding to properly oversee the insurance industry, according to a recent survey by the Consumer Federation of America. According to the survey, consumers in Arizona, Georgia, …

South Dakota Forgery Leads to Indictments

A Hutchinson County Grand Jury returned Indictments last month against insurance agents Lori A. Aman, 38, and Todd H. Graber, 34, for several counts of forgery. These charges stem from incidents between August of 1998 and March of 1999 when …

WebCE.com Expands Online Exam Offering to 19 States

WebCE.com has expanded the availability of both its proctored and non-proctored online examinations, offering state-approved online exams in 19 states. WebCE.Com’s online testing and proctoring solution, TestSmart(c), which was launched in May, enables insurance professionals to complete their CE training …

Successor Liability for Renewal Commissions

Employees and operatives often have tensions and conflicts with their employers and principals. This general and highly abstract truth applies no less to insurance agents than to anyone else. Agents want a larger share of the commissions. “After all,” they …

State Farm to Return Over $1 Billion to Policyholders

State Farm Mutual Automobile Insurance Co. will pay dividends of just over $1 billion to auto insurance policyholders in 49 states, the District of Columbia and three Canadian provinces. The return of premiums, approved yesterday by the State Farm Mutual …

President Clinton Honors IIAA Past Pres. at Conference

A typically charismatic speech by President Bill Clinton was the highlight of an already stellar 24th Annual National Legislative Conference for the Independent Insurance Agents of America (IIAA). The President appeared at the Grand Hyatt Washington on May 2 to …