Local

Legislative Panel Endorses State Insurance Regulation Proposals

Legislative Panel Endorses State Insurance Regulation Proposals

PIERRE, S.D. (AP) — A South Dakota legislative panel has endorsed a package of proposals aimed at improving state regulation of insurance companies and protecting the companies’ customers.

The House Judiciary Committee voted unanimously Friday to send four bills to the full House for further debate.

The proposals were drafted after reports that an insurance company had seriously hurt people. Gov. Dennis Daugaard has said current laws do not give the state Division of Insurance enough authority to protect insurance customers properly.

One of the bills sets standards and allows penalties to be imposed on insurance companies that engage in unfair handling of claims. Another allows the state Insurance Division to disclose more information about actions it has taken against insurance companies. A third allows officials to impose penalties without an insurance company’s agreement.

Recent Headlines

in Local

Chamberlain Woman Injured In Car Accident

ambulance

Heather LeGault suffered minor injuries in the Tuesday night crash.

in Local

Daugaard To Review Decriminalization Of Marijuana In SD

daugaard

At least two possible ballot measures in 2016 deal with marijuana.

in Local

New Rural Mitchell Fire District Passes

fire truck

The election was held on Tuesday.

in Local

Martinez Pleads Not Guilty To Charges Stemming From Accident

courtroom

The June crash killed one Mitchell teenager.