BISMARCK, N.D. – A Fargo insurance agent has been fined $136,500, and their license to sell insurance in North Dakota has been placed on probation for four years for violating the state’s rebating laws, prohibiting insurance agents from providing gifts valued at over $100 per year to clients or potential clients.
Tyler Bjerke was penalized following an investigation by the North Dakota Insurance Department. It was found that Bjerke gifted 182 pub-style tables to clients and potential clients, calculated by the Department to have a retail value of $213.95 per table. As part of a settlement agreement, Bjerke was penalized for the tables.
The investigation also discovered Bjerke hosted a Sawyer Brown Band concert in February 2023 with free admission to clients and potential clients, calculated by the Department to exceed the $100 limit. Prosecution of the 2023 Event was deferred under the conditions of Bjerke’s probationary license.
The $136,500 fine imposed on Bjerke is the largest fine the North Dakota Insurance Department has levied on a licensed agent.
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