Foremost ‘Surprised’ by $230K Conn. Fine

Foremost Insurance Group has paid a $230,000 fine to the state of Connecticut for failing to ensure some agents who sold its products in the state were appointed to do so.

The fine, which was the maximum possible, was among the largest ever levied by the Connecticut Insurance Department.

Foremost, in a written statement, said it was “surprised and disappointed by the amount of the fine,” given that no harm to consumers was alleged by the state.

The fine came after the state found that some staff members in the offices of Foremost-appointed agents were writing business for the company, even though they held no appointments with Foremost.

Foremost said it would take steps to ensure the problem would not happen again.

Latest Comments

• December 21, 2007 at 9:10 am

  bluemax says:

  As with most news[?] reporting we are only given the burst of news and not the detail. We should not let this forum then complete the story by speculation. We all need to cons... read more
• December 21, 2007 at 7:39 am

  FIG Empl says:

  As an employee of FIG, I can attest that they are the most compliant company I have ever worked for. My guess, probably a case of agent's failure to notify, and never sending... read more
• December 20, 2007 at 4:55 am

  ND Agent says:

  Was it an unappointed agent or was it an unlicensed CSR who took an application. If a CSR cant take an app then how do the Geicos and Progressives get by with $8 an hour emplo... read more