Kreidler Disciplines, Fines Insurance Producers more than $27,000
| Targeted News Service |
Insurance Commissioner
The names of the insurance producers are linked to the disciplinary order that contains more information about each action.
Agents and brokers
Bobbi's
Crisp worked for a
The OIC conducted a financial examination of the agency and found several violations of state insurance code, including failure to maintain records, failure to account for premiums and retain records of all transactions, failure to set up separate accounts for premiums and operating expenses. During a follow-up financial examination, the OIC determined the agency had failed to follow the OIC's instructions for ensuring the agency complied with financial practices.
Holleman applied for a resident insurance producer's license in
One of Russell's clients complained to the OIC about a policy on a house the client owned and was renting to someone else. The consumer requested a dwelling landlord policy and Russell repeatedly told the consumer the house was properly and adequately covered. However, the consumer found out during a refinance of the property that Russell had never secured the policy on the house and the mortgage company had subsequently obtained a forced-place policy that cost more than four times the amount of the policy the consumer requested. The insurance company has since terminated its appointments with Russell's agency, the
Trodahl misrepresented a client's height and weight on a life insurance application in order to get a lower premium for the client. Other
Careington is licensed to market discount insurance plans in
Quest Continuing Education Solutions (http://www.insurance.wa.gov/oicfiles/orders/2014orders/14-0160.pdf);
Continuing education providers must submit their courses to the OIC for review and approval. They provide continuing education to insurance professionals, which are required to maintain their licenses. Quest failed to get a course approved by the OIC before it offered it to two
Kreidler's office oversees
The OIC posts on its website the disciplinary orders against companies, agents and brokers. Consumers can also look up complaints against insurance companies.
For an insurance question or complaint, please contact the OIC's consumer advocates at 800-562-6900 or online.
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