North Dakota News

Nebraska-Based Survey Suggests Midwest Economy Is Improving

The February Business Conditions Index for the Mid-America region, a leading economic indicator from a survey of supply managers in a nine-state area, rose for a third straight month pointing to improving economic growth in the months ahead, according to …

North Dakota Commissioner Revokes Insurance Agent’s License

North Dakota Insurance Commissioner Adam Hamm has revoked the license of a Stutsman County insurance agent. Hamm says Kyle Cuypers failed to disclose criminal convictions on his insurance producer license application last February. Hamm says Cuypers consented to losing his …

Odds of Flooding Increase in Fargo

North Dakota has an “incredible risk” of record spring flooding in Fargo, while major floods near Minot and Bismarck are possible from the winter’s heavy snowfall, National Weather Service analysts said. “We have more than enough water on the ground …

Business Moves

Brick Street West Virginia-based BrickStreet Mutual Insurance has been approved to write workers’ compensation insurance in Illinois. The move continues an expansion drive for the company, which was approved to write workers’ compensation coverage in Kentucky last year. BrickStreet said …

Declarations

Good News “This is good news for North Dakotans as they will soon have another option when it comes to purchasing individual and group health insurance. … Competition is critical to ensuring the highest quality of products at affordable prices.” …

Idaho Home Insurance Costs Lowest in Nation

Idaho homeowner insurance is the least costly in the nation, averaging $422 per year, according to a nationwide survey. This compares to an average $822 countrywide. The Gem State also had among the lowest average rates for renters insurance, at …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …

Indiana Records $20M in Insurance Recoveries for 2009; N.D. Nearly $7.6M

The Indiana Department of Insurance says it recovered more than $20 million for insurance consumers in 2009, a record for the state. In North Dakota, the insurance department reported $7,578,230.11 was recovered or saved for North Dakota citizens in 2009. …

Blue Cross Competitor Sanford Gets OK to Sell Insurance in ND

North Dakota regulators have given approval to Sanford Health Plan to sell health insurance in the state, likely setting up competition with the company that has dominated the North Dakota market for decades but has drawn recent criticism for its …

North Dakota’s Pomeroy Says He’d Decline Insurance Lobbying Post

North Dakota Rep. Earl Pomeroy, who has been mentioned as a potential president of a Washington organization that represents life insurance companies, said he would not accept the position. “If they offered me the job, I would decline. I am …