South Dakota News

New Markets

Homeowners in Arizona Nuts & Bolts: Abram Interstate Insurance Services Inc. in Rocklin, Calif. is offering homeowners coverage in Arizona. The program includes high risk properties, seasonal homes, brush areas, protection classes 1-10, older homes and homes with losses. High …

New Markets

Social Service Program Nuts & Bolts: London American Risk Specialists, Inc. is offering a Social Service Program written by an “A” rated carrier that includes general liability, professional liability, (including sexual abuse/molestation) property, non-owned auto, domestic social services with foreign …

Optional federal charter is needed

Editor’s note: The following excerpt is edited from an oral statement made by Joseph J. Beneducci, president of Fireman’s Fund at the Senate Banking, Housing and Urban Affairs Committee’s July 11 hearing on Insurance Regulation Reform. Beneducci spoke as a …

New Markets

Professional Liability Program Nuts & Bolts: London American Profess- ional Liability program designed for a diverse set of professions, including many types of consultants, insurance services, media and real estate classes. Coverage is offered on both a primary and excess …

Western states face mold danger despite dry climate

Contrary to popular belief, climate is not a good gauge for mold risk, according to a ranking of states at risk for mold contamination on commercial and residential property. Areas with dry climates such as Nevada and Arizona made American …

People Suburban Chicago-based Property Casualty Insurers Association of America appointed Genio Staranczak as its chief economist. Dr. Staranczak will be responsible for economic analysis on the full range of public policy issues facing the industry. He will incorporate analyses of …

Safeco’s New Auto Policy Designed to Give Customers More Choices

Safeco has introduced a redesigned auto policy aimed at better fitting customers’ lives. The new Safeco Auto Policy* is designed to cover the needs of today’s typical drivers — including coverage of manufacturer-installed audio/video equipment and children’s car-seat replacement in …

Arrowhead General Offers Crane-Construction Contractors Program

Arrowhead General Insurance Agency Inc. is offering a new crane-construction contractors program. Endorsements include riggers liability in addition to other coverage enhancements as part of the policy limits. Policy limits are up to $1 million/$2 million/$2 million for general liability. …

Minn. Western National Named to Ward’s 2006 Top 50

Minnesota-based Western National Insurance Group has been named to the 2006 Ward’s 50 group of top performing property/casualty companies in the United States. The designation recognizes Western National for achieving outstanding financial results in the areas of safety, consistency and …

S.D. Amendment Allowing Judges to be Sued Opposed by Insurer Trades

The American Insurance Association (AIA) and the National Association of Mutual Insurance Companies (NAMIC) said today that South Dakota Attorney General Larry Long’s official explanation of a proposed constitutional amendment that would allow citizens to sue judges and other officials …