A formerly licensed insurance agent in Oklahoma, Matthew Hammer, has been sentenced for fraud. Hammer pled guilty to one felony count of Obtaining Property by False Pretense and was sentenced to a three-year deferred felony sentence with an initial 30-day term of incarceration. The Oklahoma Insurance Department said Hammer submitted fictitious policy applications to the American Family Life Assurance Co. of Columbus (AFLAC) and fraudulently collected nearly $3,000 in advance commissions.
Was this article valuable?
Here are more articles you may enjoy.
Hurricane Isaias Reaches Cat 3 Status as Insurers, Adjusters, Property Owners Prepare
Agency Duties – Legal vs. Ethical
KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event
Harbor Emerges From Stealth with $10M Funding to Handle AI-Agent Risk 


