IFAwebnews » licensing

N.D. agent’s insurance license revoked over alleged misappropriation

Bob Graham — Fri, 09 Sep 2011 11:40:00 +0000

North Dakota has revoked the insurance license of Jeffrey David Neppl, a Fargo, N.D., agent who allegedly misappropriated a client's funds for his own personal use.

N.D. agent’s insurance license revoked over alleged misappropriation via IFAwebnews.

Life insurer wants states to ease insurance agent licensing exams

IFAwebnews Staff — Tue, 26 Apr 2011 15:03:50 +0000

The company with the largest life insurance sales force in the U.S. says the licensing test for insurance agents is too tough so it is asking state regulators to ease the test.

Life insurer wants states to ease insurance agent licensing exams via IFAwebnews.

Va. businessman guilty in multi-million dollar insurance fraud scheme

Jaime L. Brockway — Wed, 20 Apr 2011 08:33:57 +0000

A Richmond, Va., businessman, whose companies were barred from selling in Virginia for 120 days, pleaded guilty to participating in an investment scheme involving a handful of insurance companies.

Va. businessman guilty in multi-million dollar insurance fraud scheme via IFAwebnews.

‘One-stop shop’ for multi-state insurance agent licensing eyed in Congress

Jaime L. Brockway — Mon, 14 Mar 2011 12:22:04 +0000

A bill that would create a “one-stop shop” for agents with licenses in multiple states should be filed in the U.S. House of Representatives this week, insurance officials say.

‘One-stop shop’ for multi-state insurance agent licensing eyed in Congress via IFAwebnews.

Agent loses Md. non-resident license after Va. calls his license inactive

Bob Graham — Mon, 20 Sep 2010 10:20:12 +0000

A Virginia man who obtained a non-resident insurance license in Maryland last year had his license revoked in May because his Virginia license became inactive.

Agent loses Md. non-resident license after Va. calls his license inactive via IFAwebnews.

Louisiana pair accused of assisting with claims without licenses

Keith L. Martin — Tue, 15 Jun 2010 12:58:41 +0000

Louisiana regulators recently issued a cease and desist order, including a $3,000 fine, against a pair of Illinois residents they say conducted insurance business without a license.

Louisiana pair accused of assisting with claims without licenses via IFAwebnews.

FINRA bars N.J. man for distributing long-term care exam answers

Bob Graham — Tue, 01 Jun 2010 12:30:11 +0000

A New Jersey man was sanctioned for helping people cheat on a New Jersey continuing education course on long-term care insurance.

FINRA bars N.J. man for distributing long-term care exam answers via IFAwebnews.

Former N.J. life agent charged with forgery, insurance fraud

Keith L. Martin — Tue, 25 May 2010 12:33:14 +0000

A former Marlton, N.J., life insurance agent was indicted and faces six criminal charges after officials claim he forged the names of clients on applications and automated banking withdrawal forms.

Former N.J. life agent charged with forgery, insurance fraud via IFAwebnews.

Former Ohio insurance agent sentenced to prison for defrauding clients

Keith L. Martin — Wed, 19 May 2010 12:05:52 +0000

A former Ohio insurance agent, who fled the country after his indictment on 27 felony charges, was sentenced to seven years in state prison after taking $685,000 in unauthorized loans from his clients, including his own grandmother.

Former Ohio insurance agent sentenced to prison for defrauding clients via IFAwebnews.

Okla. regulators take control of Imperial Casualty and Indemnity

Keith L. Martin — Fri, 14 May 2010 17:30:50 +0000

An Oklahoma County District Court judge has ruled that an insolvent property-casualty company is now in the hands of state regulators.

Okla. regulators take control of Imperial Casualty and Indemnity via IFAwebnews.