February 14, 2008-Bismarck Tribune
02-14-2008: news-local
Northwood gets check for school
Insurance Commissioner Adam Hamm said the final payment has been sent to the Northwood School District to finalize the insurance claim made for property and contents damage caused by the Aug. 26 tornado.
The amount of the final check was $3,466,663.89. An earlier check was sent to the district to cover the initial repairs to the school, as well as an advance payment on the final amount. The total claim amount was $7,971,435.
The payment was made through the insurance department’s Fire and Tornado Fund. The Fire and Tornado Fund is a state-run insurance entity housed at the insurance department. It insures the building and contents of most of the state’s political subdivisions.