Hawaii Insurance Commissioner J.P. Schmidt has suspended the license of insurance producer Meredith Dabin for the misappropriation of premium monies.
Dabin, a Kauai resident, collected premium monies for the renewal of a client’s motor vehicle policy, but failed to remit the payment to the insurance company or renew the insurance coverage in a timely manner. She also altered policy records without the policyholder’s authorization. Although she initially failed to be forthright about the incident, Dabin subsequently repaid the premium monies when confronted about the incident after the policyholder’s coverage had lapsed.
Source: DCCA
Was this article valuable?
Here are more articles you may enjoy.
Pritzker Signs Bills Giving Insurance Department Power to Overturn Rate Changes 
Can Reinsurers Maintain Underwriting Discipline or Will ‘Irrational’ Competition Return? 
Alabama Courthouse Workers Smelled a Rat. Court Must Decide if Insurer Defends Suit 
Law Restricts Her From Reducing ‘Excessive’ $91M Injured Worker Award, Judge Finds 
