Insurance agent discipline News

Former California Agent Allegedly Stole $1.2M from Elderly Consumers

Formerly licensed insurance agent Robert Stoddard, 66, of San Clemente, Calif., was arrested this week after a California Department of Insurance investigation found he allegedly stole $1.2 million from more than 20 victims, including 14 seniors. Stoddard is being charged …

Washington Insurance Agent Charged with Wire Fraud in Alleged $750K Scheme

A 57-year-old Snohomish, Wash., insurance agent was charged this week in U.S. District Court in Seattle with five counts of wire fraud for her theft of approximately $750,000 in premium payments from various insurance clients. Vicki Boser, who owned and …

Wisconsin Insurance Commissioner Revokes Agent’s License

The Wisconsin Office of the Commissioner of Insurance Mark Afable has charged former insurance agent, Timothy S. Bratley, with a number of violations of insurance law all targeting elderly consumers. Bratley, also a licensed funeral director in northern Wisconsin, was …

Southern California Insurance Agent Arrested for Allegedly Pocketing Premiums

California Department of Insurance detectives on Thursday arrested insurance agent Gelinda Phann Keo, 43, on one felony count of grand theft after she allegedly pocketed a client’s insurance payment. The CDI found Keo, doing business as Global Cargo Insurance Agency, …

Idaho Insurance Agent Fined $46K for Submitting Unauthorized Applications

The Idaho Department of Insurance revoked the insurance producer license of Bryce Joseph Vance for violations of the Idaho Insurance Code and imposed an administrative penalty of $46,000. Vance was charged and admitted to violations of Idaho Code, Title 41, …