Insurance agency owner accused of cheating customers

TRIAD — A Jamestown man who owns an Archdale insurance agency has been arrested on multiple felonies related to accepting insurance premium payments without forwarding the money to the insurers, the N.C. Department of Insurance announced Wednesday.

Jeffrey Martin Webster of Teague Drive, the owner of of Webster Insurance & Associates, is accused of accepting premium payments between February 2024 and October 2025 from a number of automobile sales companies in Randolph, Davidson, Guilford, Forsyth and Yadkin counties and forging certificates of liability insurance for them without forwarding the premium payments to the insurance company.

Webster was arrested on Feb. 27 and charged with embezzlement by an insurance producer, 18 counts of common law forgery and 18 counts of common law uttering, all felonies. He was released later the same day after posting $60,000 secured bond.

Insurance Commissioner Mike Causey encourages North Carolinians to help keep insurance premiums low by reporting suspicious fraud.

“Insurance fraud is not a victimless crime,” Causey said. “It hits all of us in the pocket through higher premiums.”

You may anonymously report fraud by calling the N.C. Department of Insurance Criminal Investigations Division at 919-807-6840 or toll free from anywhere in North Carolina at 888-680-7684.

© 2026 The High Point Enterprise (High Point, N.C.). Visit www.hpenews.com. Distributed by Tribune Content Agency, LLC.