Gust v. Pomeroy

VANDE WALLE, Justice.

Tracy Gust appealed from a district court judgment affirming the North Dakota Insurance Commissioner’s decision to assess a civil penalty and suspend Gust’s insurance agent’s license for selling unnecessary or excessive insurance in violation of Section 26.1-26-42(8), N.D.C.C., and Section 45-02-02-14(1), North Dakota Administrative Code. We affirm.

On August 17, 1987, Gust sold two insurance policies providing Medicare supplement coverage and nursing home coverage to Alfred Hovde. At the time of the sale Gust knew that Hovde already had four other policies that provided…