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Tag Archives: South Dakota Division of Insurance
Though the South Dakota Division of Insurance did not find any auto hail damage claims errors or exceptions with Farmers Insurance Group or Foremost Insurance Group in in its full examination report, it did find other claims errors. The two companies reached a settlement with the insurance division in late May. The deal included a $750,000 penalty.
The South Dakota Division of Insurance has settled with Farmers Insurance Group and Foremost Insurance Group over allegations of industry “violations.” The deal includes a $750,000 penalty. While the specifics of the allegations are under wraps until the full report is released July, 6, 2015, this could impact the AGRR industry. Ron Evans, owner of Ron’s Auto Glass in Yankton, S.D., is particularly interested in learning more.