States Pull O’Garro’s Insurance Licenses
|By Jenna Carlesso and Vanessa De La Torre, The Hartford Courant|
|McClatchy-Tribune Information Services|
O'Garro, the embattled chief executive officer of
Insurance departments in
In many cases, insurance officials said the action is required because of the revocation of O'Garro's license in his home state of
O'Garro could not be immediately reached for comment Thursday.
O'Garro is under federal investigation for allegedly failing to pay
The coverage remains in place, however, because state law protects insured parties that can show they have paid an agent or broker.
Cloud's ties to O'Garro have been questioned since his office wired the premium payments directly to Hybrid, rather than to the city's contracted insurance agent, after O'Garro claimed the excess liability policies were in danger of cancellation.
City and school finance officials said the wire transfer to Hybrid violated basic operating protocols. In the city's financial management system that tracks spending, Hybrid is not listed as a vendor that could receive payments, records show.
O'Garro received the first
He also got a separate,
A spokeswoman for Attorney General
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