South Dakota Insurance Division Director Merle Scheiber has resigned, effective on the 29th of this month.

Labor and Regulation Secretary Marcia Hultman says Scheiber has been the Division Director since 2005. He will be succeeded on an interim basis by Larry Deiter, who is currently the Insurance Division's assistant director of property and casualty insurance.

According to a news release, "The mission of the Division of Insurance is to protect the public and make insurance available and affordable by efficiently providing quality assistance, providing fair regulation for industry and promoting a healthy, competitive insurance market."