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May 2, 2023 Regulation News
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Wisconsin releases enforcement actions for April

By Press Release

The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for April.

The actions are issued by OCI when licensing applicants, or licensed individuals or companies have violated Wisconsin insurance statutes or regulations. In some cases, the individual or company denied the stated allegations but consented to the action taken.

Any forfeitures paid are deposited in Wisconsin’s Common School Fund administered by the Board of Commissioners of Public Lands. Earnings from the Fund are distributed to all public K-12 schools in the state and are used by school libraries to purchase materials such as books, newspapers, and computers.

Allegations and Actions Against Agents

Cole Bechman, 215 Turtle Creek Dr., Apt. 6, Delavan, WI 53115, had his insurance license revoked. This action was taken based on allegations of owing delinquent Wisconsin taxes.

Steven M. Counts, 802 Harriet Ave., South Beloit, IL 61080, had his insurance license revoked. This action was taken based on allegations of owing delinquent Wisconsin taxes.

Thomas V. Demergian, 9629 Shadow Wood Dr., Verona, WI 53593, agreed to the permanent surrender of his Wisconsin insurance license. This action was taken based on allegations of engaging in professional misconduct related to the sales of securities and insurance products.

Gina R. Morrow, 493 1/2 Saint Bernard Dr., Green Bay, WI 54302, had her insurance license revoked. This action was taken based on allegations of owing delinquent Wisconsin taxes.

Sabrina Northern, 901 W Winnebago St., Unit 101, Milwaukee, WI 53205, agreed to the one-year suspension of her insurance license. This action was taken based on allegations of borrowing money from an insurance consumer.

Reyna M. Rodriguez, 721 Crawford Dr., Side B, Cottage Grove, WI 53527, had her insurance license revoked. This action was taken based on allegations of owing delinquent Wisconsin taxes.

Rodney Steward, 1821 Pine Island Park Ct., Balsam Lake, WI 54810, agreed to pay a forfeiture of $2,500.00. This action was taken based on allegations of making misrepresentations related to insurance contracts.

Hans J. Thottukandathil, 18139 W Pond Ridge Cir., Gurnee, IL 60031, agreed to the permanent surrender of his Wisconsin insurance license. This action was taken based on allegations of making unsuitable insurance product recommendations and failing to report annuity replacement transactions.

Brian A. Wondrash, 1162 Brookwood Dr., Apt. 118, Green Bay, WI 54304, had his insurance license revoked. This action was taken based on allegations of owing delinquent Wisconsin taxes.

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