North Dakota News

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. Waste Operations Program Market Detail: Five Star Specialty Programs’ waste operations program offers a comprehensive …

Motor Carriers Hit Over Safety; Are Insurance Limits Too Low?

A new analysis of government data reveals that more than 28,000 motor carrier companies that operate 200,000 trucks have violated federal safety regulations. The trial bar association, the American Association for Justice (AAJ), said it found commuters are sharing roads …

Failure to Notify Leads to Revocation of North Dakota Agent’s License

North Dakota Insurance Commissioner Adam Hamm recently served an order to revoke the insurance license of Julia Beth Lutgen, a Fargo insurance agent who failed to notify the Insurance Department of an April 2009 criminal conviction. The revocation bars her …

South Dakota Insurance Agent Told to Stop Operating in North Dakota

North Dakota Insurance Commissioner Adam Hamm has issued a cease and desist order to Floyd Sheridan, a Baltic, S.D., insurance agent who is alleged to have sold, solicited or negotiated insurance to a Barnes County, N.D. resident. The state’s insurance …

Survey: Midwest Economy Improving

The Institute for Supply Management, formerly the Purchasing Management Association, began formally surveying its membership in 1931 to gauge business conditions. The Creighton Economic Forecasting Group uses the same methodology as the national survey to consult supply managers and business …

2008 Losses Lead to Record Insurance Payments to Midwest Farmers

The National Crop Insurance Services (NCIS) trade group says a record $8.6 billion in crop insurance indemnity payments has been distributed to U.S. farmers for crop losses in 2008, and a lot of that money went to farmers in the …

People

Rolling Meadows, Ill.-based C. W. Olson and Co., an affiliate of the full-service insurance brokerage firm Associated Agencies Inc., promoted Matthew Meliker to executive vice president and in-house counsel. Meliker, a resident of Itasca, Ill., has practiced law since May …

Why Bankruptcy Rates Vary By State

State Policies, More Than Differences Among People, Tend to Influence Bankruptcy Rates Twenty-four percent of agents and brokers have had business customers go into bankruptcy in the past two years; another 24 percent have had customers file for personal bankruptcy, …

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. Vacant Property Market Detail: American Management Corp. offers property protection to owners of residential and …

Earthquake Monitors Placed in North Dakota

North Dakota, known for blizzards and floods, is getting sensors to check for earthquakes as part of a national project listening to what happens underground. The possibility of a big quake damaging the state is remote: Only a handful of …