North Dakota News

BRP, QBE Offer Packaged Liability Policy for Small, Mid-Sized Firms

Companies of all sizes are vulnerable to potentially devastating management, employment and fiduciary liability lawsuits. Even claims filed without merit can result in defense expenses that are financially draining. Private Accord, a new packaged liability policy available through Business Risk …

North Dakota Commissioner Proposes New Restrictions for Teen Drivers

North Dakota’s insurance commissioner is proposing new restrictions on teenage drivers, saying it should reduce youth car crashes and deaths and cut drivers’ auto insurance bills. Adam Hamm’s proposal would bar 14- and 15-year-olds from driving between 11 p.m. and …

North Dakota Workers’ Comp Law Deemed ‘Conservative’ on Claims

North Dakota’s workers’ compensation law is relatively tightfisted in paying claims from workers whose job injuries can be blamed on previous hurts and natural body aging, a consultant says. The state’s Workforce Safety and Insurance (WSI) agency has become more …

North Dakota Auditor Disputes Payment to Former Workers’ Comp Director

A new report says North Dakota’s former workers’ compensation director may have been ineligible for a $150,000 severance package because he resigned before the agency’s board of directors approved the payment. North Dakota law does not allow severance payments to …

Regulatory Backlash?

Have the free-wheeling, capitalism-at-all-cost titans of business who maintain the market will fix all ills had their day — at least for now? For the last 30 years deregulation has been all the rage — from the airline industry to …

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. Medi-Tourism Professional Liability Market Detail: Arrowhead Wholesale Insurance Services LLC brings to market a professional …

It Figures

90 Percent Michigan says nine in 10 school buses passed safety inspections last school year. Ten percent failed the checks. Some could continue operating as long as defects were repaired within two months. Eight percent of the 17,220 buses checked …

North Dakota Commissioner Candidates Trade Jabs During Debate

North Dakota’s candidates for insurance commissioner agree that protecting the consumer is their top priority but disagree over who best can get it done. Republican Insurance Commissioner Adam Hamm and Democratic challenger Jasper Schneider, both Fargo lawyers, traded jabs throughout …

Six Independent Agencies Named as Best Practices Top Performers

Reagan Consulting and the Independent Insurance Agents & Brokers of America (Big “I”) announced the Best Practices Agencies for 2008-2009. A total of 189 agencies from around the country maintained their Best Practices status this year, and one from each …

Hamm Leads But Undecided Voters Key to North Dakota Insurance Race

North Dakota’s candidates for insurance commissioner will be competing for undecided voters in the campaign’s final weeks. In a poll commissioned by The Forum newspaper, 43 percent of the people surveyed said they haven’t made up their minds whether to …