Effective March 31, 2022, the Idaho Department of Insurance revoked the insurance producer license of Kyle Blaine Swallow for violations of the Idaho Insurance Code.
Swallow, a licensed insurance agent from Meridian, Idaho, admitted to eight violations of completing and submitting forged life insurance applications to gain a commission – including one instance of doing so with a deceased individual’s identity. Swallow received approximately $5,962.68 in commissions on the false applications. This is in violation of Idaho Code § 41-293(1)(c).
“The Department does not tolerate misconduct by licensed agents,” said Director Dean Cameron. “Insurance agents hold a position of trust in Idaho and are required to abide by Idaho Insurance Code. We expect them to conduct themselves with integrity and ethically.”
Since his Idaho resident producer’s license in 2019, Swallow sold insurance policies with Fidelity & Guaranty Life Insurance Company, Gerber Life Insurance Company, the Independent Order of Foresters, Kansas City Life Insurance Company, and United of Omaha Life Insurance Company.
In addition to Swallow’s insurance producer license being revoked, an administrative penalty of $8,000 was imposed on him by the Idaho Department of Insurance. This order can be read in its entirety on the Department website.
Investors Dealing With Inflation ‘Sticker Shock’
Colorado Regulators Fine Bright Health $1M For ‘Operational Problems’
Advisor News
- The 6X Formula for leveraging content marketing with AI
- When a home becomes difficult to insure, the plan changes
- The inheritance gap: Helping clients plan for money that hasn’t arrived
- After the midterms: Addressing your clients’ tax concerns
- Berkeley arts tax heads toward passage while public bank measure looks likely to fail
More Advisor NewsAnnuity News
- DOL, trade groups, state AGs file briefs supporting Alcoa in PRT lawsuit
- John Hancock launches new fixed indexed annuity suite
- Annuities to play a larger role in workplace retirement plans
- FHLBank Pittsburgh Announces Results in 2026 Board Election
- Regulators advance shorter, streamlined annuity buyers guide
More Annuity NewsHealth/Employee Benefits News
- High costs limit rural Nebraskans’ access to health care
- Medicare is already reading your 2026 tax return
- LUJAN, WARNOCK LEAD BROAD COALITION OF SENATORS TO PUSH SENATE LEADERSHIP TO DELAY REPUBLICAN MEDICAID CUTS OVER CONCERNS ABOUT COVERAGE LOSS
- WARNOCK LEADS BROAD COALITION OF SENATORS TO PUSH SENATE LEADERSHIP TO DELAY REPUBLICAN MEDICAID CUTS OVER CONCERNS ABOUT COVERAGE LOSS
- What happens when Medicare coverage begins
More Health/Employee Benefits NewsProperty and Casualty News
- Farmers faces class-action lawsuit over commission cuts tied to new sales targets
- OutSystems Introduces Agentic Claims Solution to Modernize Policyholder Experiences
- Hurricane Isaias claims keep climbing
- Car Insurance Soars for Drivers With Poor Credit; Here’s What to Do
- COMMISSIONER CAUSEY URGES HOMEOWNERS TO OBTAIN FLOOD INSURANCE AS FEMA UNVEILS NEW DIRECT PURCHASE OPTION
More Property and Casualty News