South Dakota Labor and Regulation Secretary Marcia Hultman named Larry Deiter as the new director of the Division of Insurance effective immediately.
As director, Deiter will continue to be active at the national level in the National Association of Insurance Commissioners. He participates in committees involving property and casualty insurance, workers’ compensation, crop insurance and examination oversight.
Deiter, a South Dakota native, joined the division in November 2012 with more than 25 years of experience in commercial banking and business management. He also served as a VP/market manager of a publicly traded financial institution headquartered in South Dakota.
Deiter had been serving as interim director since Dec. 4 upon the resignation of Merle Scheiber.
Source: South Dakota Division of Insurance
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