South Dakota News

NAMIC Encourages Hawaii Legislative Working Group to Adopt Rate Modernization

The National Association of Mutual Insurance Companies has told a Hawaii legislative committee that passage of rate modernization laws would benefit state commerce and insurance consumers. In written comments filed last week, NAMIC State Affairs Manager Christian John Rataj cited …

Anthem Owes $1.5M to Settle Overcharge Allegations

Indiana-based Anthem Insurance Companies will pay the United States $1.5 million to settle allegations that the company overcharged the Federal Employee Health Benefits Program (FEHBP), the Justice Department announced today. The corporation has served as a contractor within the FEHBP. …

Royal & Sun Alliance Agrees to Sell Viking Insurance to Sentry Insurance

Charlotte, N.C.-based Royal & Sun Alliance has agreed to sell Viking Insurance, its specialty U.S. non-standard auto business to Sentry Insurance, of Stevens Point, Wisc. for $200 million in cash. The purchase is subject to regulatory approval. Viking wrote direct …

Schreiber Named Director of S.D. Insurance Department

A Sioux Falls man has been named the new director of the Division of Insurance in South Dakota state government. Merle Schreiber is a 25-year veteran of the insurance industry. He replaces Gary Steuck, who resigned, effective Friday, to take …

Insurer Exec Scheiber Named to Head S.D. Insurance Division

A Sioux Falls insurance executive has been appointed as the new director of the South Dakota Division of Insurance, the Argus Leader reported. Merle Scheiber will take over on Aug. 18 after departing his current position at NuCorp LTD/Alea North …

Producer Development: Learning to Sell

New Program Teaches a Consultative Approach to Insurance Sales Beginning this week, 15 insurance agents are returning to Normal, Ill., to do an unusual thing in the world of insurance training: talk with each other about what’s worked and what …

Minnesota’s No-Fault Law to Blame for High Auto Rates

If our product must be purchased, it should be affordable or bad things can happen in the public affairs arena. We’re finding that to be the case in Minnesota. Minnesota is one of the few remaining states that has no-fault …

Minnesota’s No-Fault Law to Blame for High Auto Rates

If our product must be purchased, it should be affordable or bad things can happen in the public affairs arena. We’re finding that to be the case in Minnesota. Minnesota is one of the few remaining states that has no-fault …

Zurich N.A. Appoints Seven Executives to New Regional Positions

Zurich North America has announced the appointments of H. Lindy Hardman III, Jerry J. Blais, Joseph S. Murphy, M. Bradley Brown, Kathleen Dwyer, Matt Munson, Donald D. Doyle, Jr. to newly created regional executive positions. In their new roles, each …

People & Places

Carlos Mickan Pan-American Life Insurance Company, headquartered in New Orleans, announced the selection of Carlos F. Mickan as executive vice president and chief financial officer. Mickan’s appointment is effective June 20. Carol Fischer Previously, Mickan served as senior vice president …