Business Briefs for April 22
Eric Oldenkamp joins Runchey, Louwagie & Wellman
Runchey, Louwagie & Wellman, PLLP announces the addition of attorney Eric Oldenkamp to its office. He has been with the firm since Feb. 1 and is practicing in the areas of criminal defense and general civil litigation.
Oldenkamp graduated from Southwest Minnesota State University with a bachelor’s degree in justice administration in 2007. He also obtained a master’s degree in education /sports leadership from SMSU in 2012. Oldenkamp then attended William Mitchell College of Law in St. Paul, graduating in 2015. Prior to joining Runchey, Louwagie, and Wellman, Oldenkamp practiced as an estate collection attorney, document review attorney, and as an associate estate planning attorney.
While at SMSU, Oldenkamp was the placekicker for the Mustang football team for three seasons and in 2006 he was named as the SMSU male scholar athlete of the year.
Originally from Tempe, Arizona, Oldenkamp lived in Marshall for several years prior to moving to the Twin Cities for law school. He and his wife, Melanie, are happy to be back in Marshall along with their new son, Maxwell. In his previous stay in Marshall, he coached soccer for both Marshall United Soccer Association and Marshall High School.
Skogrand achieves Circle of Success recognition at Ameriprise Financial
Corey J. Skogrand, CFP, ChFC, CLU, a private wealth adviser with Van der Hagen, Skogrand & Associates, a private wealth advisory practice of Ameriprise Financial Services, INC. in Marshall, has qualified for the company’s Circle of Success annual recognition program and will be honored for this achievement in 2020.
To earn this achievement, Skogrand established himself as one of the company’s top advisers. Only a select number of high-performing advisers earn this distinction. He has 24 years of experience with Ameriprise Financial.
State Farm responds to COVID-19 coronavirus pandemic
In an effort to help customers during these challenging times, State Farm Mutual Automobile Insurance Company is announcing up to a $2 billion dividend that will go to its auto insurance customers. With schools and businesses closed, and many of us sheltering in our homes, people are driving less right now, so we’re returning value to customers as we anticipate fewer auto claims, said State Farm in a news release.
Customers do not need to take any action to receive this dividend, which will appear as a credit on their auto policy.
The dividend is part of the Good Neighbor Relief Program that also includes customer payment options and neighborhood philanthropic relief. This is the single largest dividend paid to customers in our company’s history. As the national leader in auto, home, and individual life insurance, State Farm has the financial strength necessary to help millions of customers and communities recover from the unexpected.
On average, State Farm Mutual auto customers can expect to receive a credit of about 25 percent of premium for the time period March 20 through May 31; exact percentages will vary by state. Every State Farm Mutual auto insurance customer will receive credits applied against bills beginning as early as June. We’ll continue to monitor our loss experience and respond appropriately.
“State Farm is returning value through a dividend to our customers,” said Chairman, President and CEO Michael L. Tipsord. “We insure more cars than anyone and we see from our claims activity people are driving less. This dividend is one of the ways we’re working to help our customers during this unprecedented situation.”
We’re committed to giving back not just to our customers, but to communities where we live and work by providing $5 million in donations across the country.
We encourage customers facing financial challenges to call their State Farm agent. Agents are working with State Farm customers one-on-one providing payment options.