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Insurance Commissioner Jon Godfread has issued a Stop Order against EPIC Management, LLC and executive officer Todd Berning, requiring them to immediately cease offering or selling membership interests in the company.

The action follows concerns about the company’s financial condition, leadership, and transparency. Under state law, the Commissioner has authority to issue such orders to protect investors. Respondents may request a hearing within 15 days. The order does not affect prior investments in existing real-estate holdings.

North Dakota Insurance Commissioner Jon Godfread announced today the unification of the state’s Insurance and Securities department—a move designed to better safeguard residents from fraud and financial risk, with consumer protection at the forefront.

Following the recent severe storms that swept across parts of North Dakota, Insurance Commissioner Jon Godfread is urging residents to inspect their property for damage and begin the insurance claims process as soon as possible.

Today, Gov. Kelly Armstrong signed Senate Bill 2214 into law, merging the North Dakota Securities Department into the North Dakota Insurance Department. 

A North Dakota district court judge has approved a motion for summary judgment by Insurance Commissioner Jon Godfread to block an illegal rate increase on consumers of a financially troubled long-term care insurance company operated by the state of Pennsylvania.