August 21, 2009-Fargo Forum

South Dakota insurance agent served cease-and-desist

North Dakota Insurance Commissioner Adam Hamm has served a cease-and-desist order on Floyd Sheridan, a Baltic, S.D., insurance agent accused of selling, soliciting or negotiating insurance to a Barnes County, N.D., resident.By: Forum staff reports, INFORUM

North Dakota Insurance Commissioner Adam Hamm has served a cease-and-desist order on Floyd Sheridan, a Baltic, S.D., insurance agent accused of selling, soliciting or negotiating insurance to a Barnes County, N.D., resident.

Sheridan is not licensed to sell insurance in North Dakota. The order bars him from engaging in the business of insurance until further notice.

Agents selling insurance to North Dakota residents are required by law to be licensed through the North Dakota Insurance Department.

Sheridan has a right to request an administrative hearing on the cease-and-desist order within 30 days of the date of the order.

Consumers can search for licensed insurance agents and companies at www.nd.gov/ndins.