South Dakota News

Iowa Wellmark Insurance Sues Hospitals to Stop Building Plan

Iowa’s largest health insurance company filed a lawsuit this week to stop three health care organizations from building hospitals without seeking state approval. Wellmark Inc., widely known as Wellmark Blue Cross and Blue Shield, filed the lawsuit in Polk County …

Kentucky Asks Judge to Reverse Ruling on Christian Health Plan

The Kentucky Office of Insurance has asked a judge to reconsider his decision to allow a Christian-only health care plan to continue operating in the state. Other states recognize Medi-Share as insurance and subject it to stricter regulations, attorneys for …

S.D Bill Would Seal Driving Records of Police, Fire, Ambulance Employees

The South Dakota House passed a bill this week that would close the driving records of firefighters, police, ambulance employees and other emergency personnel when they have accidents on duty. That would insulate those public servants from higher insurance rates. …

California AG Reaches $8 Million Settlement with Bayer Corp.

California Attorney General Jerry Brown has reached an $8 million, 30-state settlement with Bayer Corp. that will resolve an enforcement action initiated because of Bayer’s failure to adequately disclose safety risks associated with the use of Baycol, a drug used …

National Insurance Group Testifies Against S. D. Aftermarket Parts Bill

The Indianpolis-based insurance trade group, The National Association of Mutual Insurance Companies (NAMIC) has urged South Dakota lawmakers to reject Senate Bill 48, a proposal to adopt consumer protection standards for property/casualty insurance claims. NAMIC believes the bill would actually …

S.D. Legislature Nixes Booster Seat Proposal for Older Kids

A bill to require booster seats for children from the age of 5 through 7 was killed this week in the South Dakota Legislature. Supporters said many parents don’t realize that older children often suffer serious injuries or are killed …

Producer School Returns to Sacramento in March

The Ultimate Producer School presented by Agency Management Resource Group, starts in March in Sacramento, Calif. The school is especially designed for the recently licensed producer or those transitioning into commercial sales to provide sales training with commercial coverage information. …

Insurer Group Applauds Report’s Call for Optional Federal Charter

The American Insurance Association (AIA) has issued a statement lauding a report released by New York City Mayor Michael Bloomberg and U.S. Sen. Charles Schumer, D-N.Y., which calls for making modernizing financial services regulation a national priority. Among the report’s …

Dakotas Senators Push for Permanent Disaster Aid Program

Senators from the Dakotas are pushing for a permanent program to pay farmers and ranchers who have suffered devastating crop losses. North Dakota Sens. Byron Dorgan and Kent Conrad, both Democrats, and South Dakota Republican Sen. John Thune have co-sponsored …

It Figures

$20 billion The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized coverage for some of the riskiest …