North Dakota Insurance Commissioner Adam Hamm News

North Dakota Commissioner to Serve on Financial Stability Oversight Council

The National Association of Insurance Commissioners (NAIC) appointed NAIC President and North Dakota Insurance Commissioner Adam Hamm to serve a two-year term as the state insurance commissioner representative on the Financial Stability Oversight Council (FSOC). The 15-member FSOC was created …

Crop Insurer to Reimburse Some North Dakota Policyholders

A crop insurer has reached an agreement with North Dakota insurance regulators under which it will return a portion of premiums to some crop/hail insurance policyholders. North Dakota Insurance Commissioner Adam Hamm announced an agreement with Austin Mutual Insurance Co. …

NAIC Roadshow to Tout State Regulation to U.S., Foreign Policymakers

The nation’s organization of state insurance regulators is launching an educational program to sell U.S. and foreign leaders and the public on the virtues of the 150-year old state-based insurance regulatory system. The National Association of Insurance Commissioners (NAIC) said …

North Dakota Regulators Recover $6.3M for Insurance Consumers in 2013

North Dakota Insurance Commissioner Adam Hamm announced that almost $6.3 million was recovered or saved for North Dakota citizens in 2013 through intervention by the state insurance department. This number represents money recovered on behalf of North Dakotans through the …

$4.3M Recovered in 2012 for North Dakota Consumers

North Dakota Insurance Commissioner Adam Hamm has released a report that shows more than $4.3 million was recovered or saved for North Dakota citizens in 2012. This number represents money recovered on behalf of North Dakotans through the insurance department’s …

North Dakota Insurance Agent Charged With Stealing from Customer

A Dickinson, N.D., insurance agent is accused of stealing $30,000 from a customer three years ago to buy gold coins and make a payment on his credit card. Scott Biggs is charged with five felonies. The most serious carries a …

ND Insurance Agents Banned From Business in State

North Dakota Insurance Commissioner Adam Hamm has ordered agents in Dickinson and Fargo to stop doing business in the state. Scott Biggs in Dickinson is accused of taking client money for personal use. Robert Medhus (MAY’-hoos) in Fargo is accused …