North Dakota News

Nevada Workers’ Comp Loss Costs, Risk Rates to Decrease

Nevada Insurance Commissioner Scott Kipper has approved revised workers’ compensation voluntary loss costs and assigned risk rates filed by the National Council on Compensation Insurance (NCCI). The revised loss costs and assigned risk rates are effective March 1, 2009, and …

North Dakota Planning for Major Flooding in Devils Lake, Red River

With memories of the 1997 floods still fresh, North Dakota officials are planning for significant flooding in the Devils Lake region and the Red River Valley after months of heavy rainfall and snow. Sen. Byron Dorgan, D-N.D., convened a hearing …

North Dakota Sticks With State Monopoly of Workers’ Compensation Insurance

North Dakota’s workers compensation insurance monopoly still has strong support in the state House. Representatives voted 86-7 this week to defeat a bill that would have allowed North Dakota employers to buy insurance from a private company. The legislation also …

How Food Safety Officials Cracked the Peanut Poison Case

A century ago, at the dawn of food safety laws, inspection amounted to little more than opening a bin of flour and looking for something wiggly. It’s a different story now. Solving the case of the poison processed peanuts took …

FEMA Preparing for Spring Floods in North Dakota

With record snowfall in North Dakota this winter and traditionally heavy snow months still to come, the Federal Emergency Management Agency is getting prepared to help state officials deal with spring flooding. FEMA officials from Denver traveled to North Dakota …

North Dakota Revokes Fargo Insurance Agent’s License

North Dakota Insurance Commissioner Adam Hamm has revoked the insurance license of Larry Atkins, a Fargo insurance agent who was charged with 78 felonies in 2008. The revocation bars him from selling, soliciting or negotiating insurance in North Dakota. Atkins’ …

North Dakota Senate Kills Bill to Ban Credit Scoring in Insurance

The North Dakota Senate last week killed legislation (SB 2330) that would have banned insurers from using credit information in underwriting and rating. On Feb. 2, the Senate Industry, Business and Labor Committee voted do not pass on SB 2330 …

North Dakota Eyes Allowing Self-Insurance

A North Dakota state agency is the only entity that can legally sell workers compensation insurance to businesses in the state. But Minot state Rep. Dan Ruby says it’s about time the Workforce Safety and Insurance agency got some competition. …

Declarations

Middle Strategy “This truly is a strategic move not a financial move. The data [on independent agents’ market share] is pretty compelling… For years, agents and brokers have sought to place their middle market clients with Liberty Mutual but couldn’t …

Study Unveils Target Areas for Flood Policy Sales

But Selling More at Subsidized Premiums Could Sink Flood Program There are a number of communities across the country where more flood insurance policies should be sold given their populations and flood risk. They include dozens of counties that have …