South Dakota News

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 …

N.D. Gov. Hoeven Declares Emergency Following Severe Storms

Gov. John Hoeven declared a statewide emergency in response to recent severe storms in North Dakota, while victims of flash flooding in LaMoure and Dickey counties began cleaning up and assessing damage. State emergency management officials said the emergency declaration …

Louisiana SHIIP Director Elected to National Post

The director of the Louisiana Department of Insurance Senior Health Insurance Information Program (SHIIP) has been elected by his peers to serve as one of eight members of the national State Health Insurance Assistance Program (SHIP) steering committee. Alan Heumann …

Study Reports Medical Malpractice Payouts Rise Only 4%; Doctors Go to Cap States

Contrary to popular belief, growth in malpractice payments was consistent with increases in health care spending between 1991 and 2003. In fact, payments grew only 4 percent per year during that period, according to a study released by the journal …

GMAC Insurance Study: Some 20 Million Drivers are Potential Accidents Waiting to Happen

Results of a study released Thursday suggest that millions of Americans lack basic knowledge of rules of the road and safe automobile operation. In fact, the study shows that if tested today, one in 10 drivers – nearly 20 million …

News Briefs

MICHIGAN Commissioner Appeals Credit Scoring Decision The state of Michigan has filed an appeal of a judge’s ruling that allowed insurance companies to continue using customers’ credit scores to determine their home and automobile insurance rates. Attorneys for the state, …

COMP RATES TO DROP 1.3%

Most South Dakota employers will see their workers’ compensation rates fall this year, according to Gov. Mike Rounds. Efforts to improve workplace safety will result in a 1.3 percent drop, effective July 1, Rounds said. Only employers in the assigned …

S.D. Comp Rates to Drop 1.3%

Most South Dakota employers will see their workers’ compensation rates fall this year, according to Gov. Mike Rounds. Efforts to improve workplace safety will result in a 1.3 percent drop, effective July 1, Rounds said. Only employers in the assigned …

Home Inspectors, Law Firms and Accountants

Nuts & Bolts: Avon, Conn.-based Target Insurance Services has available new markets for home inspectors professional liability, including optional general liability; professional liability for large law firms (50-plus in size); and professional liability for accountants. Through the professional liability program …

ROUNDS SUSPENDS 2 TOP DOI OFFICIALS FOR MEMO CRITICIZING LEGAL SYSTEM

Gov. Mike Rounds recently suspended two of the top officials in South Dakota’s Division of Insurance for sending out a memo last week critical of the state legal system’s handling of a case against a Sioux Falls insurance agent, according …