South Dakota News

NAMIC Focuses Federal Affairs Agenda on Regulatory and Asbestos Reform

The National Association of Mutual Insurance Companies (NAMIC) – which has more than 1,400 member companies that underwrite 43 percent ($196 billion) of the property/casualty insurance premium in the United States – has set its federal affairs agenda for 2006. …

ATF Notes $2,000 Reward in S.D. Fire Investigation of Principal’s Vehicle

The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) and South Dakota’s Rapid City Area Community Reward Fund are offering up to $2,000 for information leading to the arrest and conviction of those responsible for the May 14, 2005 vehicle …

AIA Praises S.D. Bill Creating File-and-Use Rating System

The South Dakota legislature recently passed Senate Bill 44 creating a file-and-use system for insurance rates in that state, according to the American Insurance Association. “The South Dakota Legislature took a significant step toward fully modernizing insurance regulation with the …

New Markets

Non-franchised Auto DealersNuts & Bolts: DMI Insurance Services Inc. has expanded the range of markets it supplies to producers serving non-franchised auto dealers and automotive specialty shops. The new markets will supply liability and physical damage coverage not been readily …

New Markets

Universal ExcessNuts & Bolts: The Hartford Financial Services Group Inc. introduced Universal Excess, a new excess insurance policy that fits firmly over directors and officers, fiduciary, employment practice, miscellaneous professional and tech errors and omissions products issued by any insurer. …

Illinois state pool benefits from hard fought compromise health funding bill

Illinois’ state health insurance pool should get $5.4 million under a compromise measure Sen. Dick Durbin helped push through after negotiating a more than $1 million increase over what the original bill proposed. The bill was approved by the Senate …

New Markets

New Markets Nuts & Bolts: The Hartford Financial Services Group Inc. introduced Universal Excess, a new excess insurance policy that fits firmly over directors and officers, fiduciary, employment practice, miscellaneous professional and tech errors and omissions products issued by any …

New Markets

New Markets Nuts & Bolts: DMI Insurance Services Inc. has expanded the range of markets it supplies to producers serving non-franchised auto dealers and automotive specialty shops. The new markets will supply liability and physical damage coverage not been readily …

News Currents

Illinois state pool benefits from hard fought compromise health funding bill Illinois’ state health insurance pool should get $5.4 million under a compromise measure Sen. Dick Durbin helped push through after negotiating a more than $1 million increase over what …

Ohio Insurance Director Elected National Association Officer

Ohio Insurance Director Ann Womer Benjamin was elected secretary of the Midwestern Zone section of the National Association of Insurance Commissioners (NAIC) during its winter meeting in Chicago. Womer Benjamin was elected to the leadership position by her peers in …