misappropriating insurance premiums News

Georgia Insurance Agent Faces 28 Counts of Insurance Fraud

A Georgia insurance agent from Pierce County has been arrested and charged with 28 counts of insurance fraud, according to a statement from Georgia Insurance Commissioner Ralph Hudgens. Dana Larson Bowen, 52, of Blackshear, Ga., is alleged to have misappropriated …

Tennessee Insurance Producer Fined $400K for Misappropriation of Client Premiums

The Tennessee Department of Commerce and Insurance (TDCI) has taken disciplinary action against Carey R. Carroll, Jr., a Knoxville-based former Tennessee insurance producer who was found to have violated multiple provisions of Tennessee law resulting in a $400,000 penalty and …

Former N.J. Broker Sentenced for Misappropriating $660K in Premiums

A former New Jersey insurance broker who misappropriated more than $660,000 in premiums owed to insurers has been sentenced to five years in state prison. Brian Mohen and his wife, Lisa Stanko-Mohen, were also ordered last Friday to pay more …