Annual public notices highlight insurance companies’ financial condition

PIERRE — In this issue you will find the annual publication of financial summaries of insurance companies licensed to do business in South Dakota.

Insurance companies doing business in South Dakota are required by state law to publish these financial summaries each year. The summary lists the insurance company’s assets, liabilities, business in South Dakota for the year and the lines in which the company is authorized by the state of South Dakota to sell insurance.

“The annual publication of these financial summaries are important to ensuring South Dakotans have information about an important segment of the financial industry doing business in our state,” South Dakota Newspaper Association Executive Director David Bordewyk said. “Notices such as these that are published in community newspapers create a permanent public record and help to inform South Dakotans in a trusted, transparent manner.”

For more information about any insurance company doing business in South Dakota, contact the state Division of Insurance in Pierre at (605) 773-3563.

For more information about the publication of these insurance company public notices, contact this newspaper or SDNA (www.sdna.com).

South Dakota Newspaper Association, founded in 1882 and based in Brookings, represents 118 weekly and daily newspapers with a total print and online readership of more than 600,000.

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