View this article online: https://www.claimsjournal.com/news/midwest/2012/09/24/214053.htm
The South Dakota Division of Insurance is liquidating a Watertown company because it is insolvent.
Officials say a circuit court judge approved the liquidation order for Northern Plains Insurance Co., which is described as a company that specializes in offering high-risk auto insurance.
State Insurance Director Merle Scheiber says the liquidation order enables his agency to protect policyholders, including paying any valid claims.