North Dakota Insurance Commissioner Adam Hamm announced he has served a cease and desist order against Tim Everett, a Grand Forks area insurance agent who is alleged to have created fictitious insurance policy applications and to have been paid commissions for the policies.
The order bars Everett from engaging in the business of insurance.
The cease and desist order alleges that between March and April 2012, Everett contacted two Grand Forks businesses in an attempt to sell accident insurance policies issued by AFLAC. Everett allegedly applied for policies on behalf of clients for insurance products that they did not want, and was allegedly paid commissions for the insurance policies.
Everett has a right to request an administrative hearing on the cease and desist order within 30 days of issuance.
Source: North Dakota Department of Insurance
Shannon says: 
BP Oil Spill Claims Chief Braces for Surge in Filings
N.Y. Regulator Issues ‘Cease and Desist’ Order to Car-Sharing Firm RelayRides
Tornadoes Spin Through Texas Towns After Dark, Killing Six
U.S., European Retailers Divided on Safety Plan for Bangladesh Factories
Government to Share Cyber Security Information with Private Sector
50 Top Apps for Independent Agents
Medical Liability Market Profitable But Deteriorating Results Expected: Fitch
Three Insurance Companies Placed in Liquidation in Illinois
Sign up to receive insurance news alerts!
