Ore. Man Must Stop Selling Insurance

November 8, 2004

Oregon’s Department of Consumer and Business Services (DCBS) has issued a cease and desist order against a Salem man who reportedly continued to transact insurance even after his license was revoked.

An investigation by the DCBS Insurance Division found that Grant H. Gilbertson allegedly accepted premiums for a nonexistent auto insurance policy as recently as June 2004, even though his license was revoked and he was fined $5,000 last October for several violations of the Oregon Insurance Code, including reportedly illegally withholding premiums from insurers and making misrepresentations to a policyholder and an insurer. The Insurance Division fined Gilbertson $41,000 in May 2004 for soliciting 41 applications for auto insurance through the Oregon Assigned Risk Plan.

The Insurance Division reportedly found that many of his victims did not speak English or had limited English skills.

Gilbertson has appealed his license revocation and $5,000 fine to the Oregon Court of Appeals, where the case is pending. He didn’t appeal the $41,000 fine but reportedly hasn’t paid it. His license remains revoked.

Gilbertson was licensed as an Oregon resident insurance agent from Aug. 3, 1990, to Oct. 12, 2003. His last recorded business address was Gilbertson Insurance, 1815 Center St. NE, in Salem.

Topics Oregon

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Insurance Journal Magazine November 8, 2004
November 8, 2004
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