SD Insurance Publications

South Dakota Division of Insurance Summer 2022 Newsletter

The South Dakota Division of Insurance's Summer 2022 newsletter provides a legislative recap, details an insurance fraud assessment initiated on June 28, 2022, and lists NAIC meeting attendees. It also includes information on new bulletins, adopted rules, and company updates.

South Dakota Division of Insurance Spring 2023 Newsletter

The South Dakota Division of Insurance released its Spring 2023 newsletter, summarizing legislative changes affecting insurance laws, including HB 1012 and SB 22, both effective July 1, 2023. The newsletter also provides updates on NAIC meetings and administrative processes.

South Dakota Division of Insurance Fall 2023 Newsletter

The South Dakota Division of Insurance's Fall 2023 newsletter provides updates on health care open enrollment, producer licensing examination content review, and securities regulation filings. It also highlights administrative rules adopted, including a pharmacy benefits management complaint process, and offers information on employment opportunities and electronic payment options.

South Dakota Joins Interstate Insurance Product Regulation Commission

South Dakota has officially joined the Interstate Insurance Product Regulation Commission (IIPRC) as its 48th member jurisdiction, effective July 1, 2024. This action streamlines the product filing process for certain insurance products, while a separate update modifies the producer license reinstatement timing.

South Dakota DOI Migrating to State Based Systems (SBS)

The South Dakota Division of Insurance is migrating to the State Based Systems (SBS) software, becoming the 36th NAIC member to adopt the system. This transition aims to streamline regulatory tasks, including licensing and compliance, and will involve a temporary system outage for Pearson VUE testing.