South Dakota News

S.D. Attorney General Sounds Alarm About Purchasing Flood Damaged Cars

South Dakota’s Attorney General Larry Long is warning residents to be cautious when considering the purchase of a used car these days. That’s because vehicles damaged during the 2005 hurricane season might be making their way to the South Dakota …

S.D. Governor Signs Bill to Protect Reputation of Insurance Producers

The Coalition Against Insurance Fraud has reported that South Dakota Governor Mike Rounds recently signed a bill, HB 1058, requiring the insurance division to finish investigations of anyone in the insurance business within two years. The state’s revenue department, which …

Insurer Group Says Good Defense Played in 2006 S.D. Legislative Session

The Property Casualty Insurers Association of America said that the South Dakota Legislature wrapped up its regular session yesterday following a final day primarily devoted to the consideration of executive vetoes. “It was a good and relatively quiet session for …

National Insurer Group Opposes S.D. Judicial Ballot Initiative

The National Association of Mutual Insurance Companies is saying it plans to work with a broad-based coalition in South Dakota to defeat a statewide judicial ballot initiative on the November ballot that would allow citizens to bring a lawsuit against …

New Markets

Community Banks Nuts & Bolts: OneBeacon Insurance, working with select independent insurance agents, has developed a solution for the increasingly complex risks of community banks through a combination of coverages designed specifically for these financial institutions and broader property and …

Agents: Federal proposal will be Trojan horse for optional federal charter

The National Association of Professional Insurance Agents recently reaffirmed its opposition to any proposals that call for a so-called “optional” federal charter for insurers. “Those who want to dismantle state regulation of insurance and replace it with a federal government …

Washington SMART-ens Up: Effects of reform on the surplus lines industry

With the eyes of Congress turning to insurance reform, most commentators are focused on how change might affect the overall insurance industry and agents. But the often-overlooked surplus lines segment of the industry could end up looking different, maybe even …

SPECIAL REPORT: Surplus Lines

With the eyes of Congress turning to insurance reform, most commentators are focused on how change might affect the overall insurance industry and agents. But the often-overlooked surplus lines segment of the industry could end up looking different, maybe even …

Former S.D. Insurance Agent Sentenced to 21 Years for Theft

A former insurance agent was sentenced Friday to 21 years in prison for stealing hundreds of thousands of dollars from older South Dakotans while acting as their agent. Ryan Wingler, 34, had pleaded guilty earlier to six of 13 counts …

PIA: Federal Proposal Will Be Trojan Horse for Optional Federal Charter

The National Association of Professional Insurance Agents has reaffirmed its opposition to any proposals that call for a so-called “optional” federal charter for insurers. “Those who want to dismantle state regulation of insurance and replace it with a federal government …