OKLA. CITY FIRM NOT AN INSURER

Insurance Commissioner Carroll Fisher ordered an Oklahoma City company to stop acting like an insurance company. Fisher said he issued the order Oct. 11, after learning the company, which operated under several names, allegedly represented itself as an insurance company even though it held no insurer’s license. The Oklahoma Insurance Department discovered the problem after several people who were supposedly insured by the company contacted the OID for help with their claims. An investigation revealed a complex web of companies working together claiming to offer insurance services. Named in Fisher’s order were: Fairway Employment Services, Fairway Human Resources Management, Fairway Health Plan, Fairway Claims Administration and Central Management Inc., along with several individuals. Under Fisher’s order, any of the companies or individuals listed can be fined $25,000 for each violation.

Topics Carriers