Texas Mutual Insurance Company reported that an independent licensed insurance agent pled no contest to a charge of perjury in a workers’ compensation fraud-related case.
A Travis County district court sentenced Richard Brian Aube of Dallas to one year of deferred adjudication and ordered him to pay a $4,000 fine.
Texas Mutual said Aube presented false testimony on matters relating to one of his clients in February 2005. The insurer was investigating the client for misrepresenting payroll to get a lower workers’ comp premium.
Source: Texas Mutual Insurance Company, www.texasmutual.com
Topics Texas Agencies Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency 
Howard Hughes Holdings Completes $2.1B Acquisition of Re/insurer Vantage Group 
D&O Market Expected to Tighten Under Pressure, Says AM Best 
Trump Approves $700 Million in Bid to Revive Coal Industry 
