Latest South Dakota Headlines

All the headlines from our South Dakota Topic Page, ordered by recency.

South Dakota Department to Approve Insurers’ Requests

Dec 18 2001 // Responding to insurers’ concerns over the future availability of reinsurance coverage for terrorism, Darla L. Lyon, director of South Dakota’s Division of Insurance, announced the department will approve...

South Dakota Supreme Court Rejects Third-Party Bad Faith Lawsuits

Sep 24 2001 // The insurance industry applauded the South Dakota Supreme Court for its recent review and rejection of a third-party bad faith lawsuit against an insurance company.“This is a major victory for insurers and their...

South Dakota Agency Purchased by Community First

Aug 3 2001 // New Concept Insurance Agency of Vermillion, S.D., was purchased by Community First Insurance Inc., an affiliate of Community First Bankshares Inc. New Concept was started in 1981 by Rich Job and focuses on commercial,...

South Dakota Man Charged With Insurance Fraud

Nov 28 2000 // A South Dakota grand jury indicted a man late last month for filing a false insurance claim. The grand jury charged Steven Fideler, 45, with one count of filing a false insurance claim and one count of manufacturing a...

South Dakota to Keep Countersignature Law

Sep 26 2000 // South Dakota legislators have voted to keep the state’s countersignature law for insurance policies, which requires all policies to be signed by a resident agent.The move is viewed as a setback for insurers and...

South Dakota Forgery Leads to Indictments

Aug 10 2000 // A Hutchinson County Grand Jury returned Indictments last month against insurance agents Lori A. Aman, 38, and Todd H. Graber, 34, for several counts of forgery.These charges stem from incidents between August of 1998 and...

Successor Liability for Renewal Commissions

Jul 10 2000 // Employees and operatives often have tensions and conflicts with their employers and principals. This general and highly abstract truth applies no less to insurance agents than to anyone else. Agents want a larger share of...