insurance producer license revoked News

Iowa Pulls Florida Man’s Non-Resident Producer License for ‘Bait, Switch’ Tactics

The Iowa Insurance Division has ordered Covals Douze, of Coconut Creek, Florida, to pay administrative fines and fees totaling $43,895 and revoked his non-resident insurance producer license in a “bait and switch” scheme. The division has also prohibited Douze from …

Tennessee Disciplines 3 Insurance Agents for Violations, Fraudulent Conduct

The Tennessee Department of Commerce & Insurance (TDCI) announced disciplinary actions against three former Tennessee licensees for the intentional misrepresentation of policy terms, forgery, and the use of fraudulent conduct in the business of insurance. The punishments were the result …