South Dakota Division of Insurance – Notice of Hearing

Notices of Public Hearings to Adopt Rules

Notice of October 20 Hearing

A public hearing will be held in Conference Room 3, Kneip Building, 700 Governors Drive, Pierre, South Dakota, on October 20, 2011 at 10 a.m. to consider the adoption and amendment of proposed rules to the following: Chapter 20:06:28 The effect of the rule is to require workers’ compensation insurers to file claim expenditure reports. The reason for adopting this rule is to adequately monitor claim expenditures by worker’s compensation carriers. For insurance agents who have an independent insurance agency in South Dakota or just have a South Dakota Producer’s license, this article is highly beneficial to take into consideration for your independent insurance agency’s future plans when doing business in this state.  This article can also educate independent insurance agents who are interested in obtaining an Insurance Agency or Producer’s license in South Dakota.

–Josh Nordin