Parr Agency Settles Up With Princeton, Ill.

April 29, 2005

Princeton, Ill.-based Parr Insurance Agency has returned a final check for $10,000 to the city of Princeton for service fees the agency charged but not disclose, according to the Peoria Journal Star.

The city paid a service fee of 10 percent to the agency for its 2002-04 commercial insurance policies, but Harold E. Parr was fined $30,000 and ordered to pay back nearly $103,000 in undisclosed fees.

Parr was producing for the Illinois Municipal League, which does not pay agents a commission but does allow them to charge service fees to the their customers.

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