Pa. agent can’t duck 114 false insurance claims filed with AFLAC

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An insurance agent from Secane, Pa., had his insurance license revoked after state regulators determined he submitting 114 false insurance applications.

Derek Michael Chastain was terminated by American Family Life Assurance Co. of Columbus (AFLAC) Nov. 30, 2009, in connection with the case, according to Pennsylvania Insurance Department records.

Between April 2005 and August 2009, Chastain submitted 165 policies to AFLAC to cover his family and friends, records show. Of those policies submitted, 114 were declined and the premium never submitted to AFLAC, according to case files.

Pennsylvania authorities say Chastain knowingly submitted business to AFLAC that contained false, inaccurate or misleading information that caused the policies to be issued. He started working for AFLAC in September 2003.

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