Cease and desist order served to VC business
North Dakota Insurance Commissioner Adam Hamm recently served a cease and desist order against Robert Lewis Heier, a resident of Kathryn, N.D., and his business, Dakota Bond & Tracking, in Valley City.
The order alleges Heier wrote bail bonds in North Dakota over a two-year period without having the necessary authorization to do so legally. The order bars Heier and anyone working with him from engaging in the business of insurance.
Bail bond agents must have a valid insurance agent license in North Dakota and must be appointed by an insurance company selling surety bonds. Heier is licensed but allegedly not appointed with a surety insurance company.
“Bail bond agents must be trustworthy to protect consumers and the court system,” Hamm said. “Anyone that has done business with Mr. Heier and has questions or concerns is encouraged to contact the Insurance Department at 1-800-247-0560.”
Heier has a right to request an administrative hearing within 30 days.