insurance law violations News

Wisconsin Insurance Agent Loses License, Must Pay Nearly $800K

An insurance agent in Wisconsin has had his license revoked and ordered to pay nearly $800,000 in penalties and restitution after being found in violation of insurance laws in the state. The former insurance agent, Barry Rumpel, may no longer …

Zenefits Fined $1.2M for Violations of New York Insurance Law

The New York State Department of Financial Services (DFS) has fined YourPeople Inc., doing business as Zenefits FTW Insurance Services, $1.2 million for allowing unlicensed employees to sell insurance and failing to implement adequate compliance controls and employee training, according …