Vallejo, Calif. Broker Sold Fraudulent Policies

June 9, 2003

A search warrant was served by CDI investigators to former insurance broker Jimmie Earl Jackson, of Vallejo, Calif.

Jackson was operating Jaxon Insurance Services in Vallejo. CDI revoked Jackson’s insurance license for allegedly accepting premium money from a client and failing to obtain a valid insurance policy. In April 2003, Vallejo Police Department discovered Jackson was continuing to sell insurance, which led to another investigation by Vallejo Police and CDI.

According to investigators, Jackson was paid over $700 for a homeowner policy in June 2002. Jackson cashed the client’s check and provided an insurance certificate as proof of coverage. In Oct. 2002, over $50,000 dollars in damages was caused by a fire. The client was told that there was no insurance after contacting Jackson. The insurance certificate policy number was false and no insurer received any money from Jackson.

Topics California Fraud Agencies

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