The Idaho Department of Insurance has issued an order to revoke the license of Meaghan A. Ruether, Meridian, and Rangewood Insurance LLC.
The department alleged that Ruether misrepresented or fabricated information on 25 insurance policies.
The department was reportedly alerted to this when a consumer filed a complaint saying that Ruether had issued an auto policy without the consumer’s knowledge or permission. The consumer was made aware of the policy when the company notified her of its cancellation.
Ruether admitted to one violation of misrepresentation and agreed to the revocation of her individual and agency licenses. In addition, an administrative penalty of $4,000 was assessed, of which $1,000 was suspended indefinitely.
“The Department has a responsibility to the citizens of Idaho to administer the insurance code,” Dean Cameron, department director, said in a statement. “In some cases, that responsibility means we have to revoke a license to protect the public.”
Was this article valuable?
Here are more articles you may enjoy.
Ex-NFL Player Sentenced to 16 Years in Prison for $200M Medicare Fraud Scheme 
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’ 
Florida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market 
Billionaire Boehly’s Allies Donated Heavily to Kansas Insurance Regulator 
