The Idaho Department of Insurance revoked the insurance producer license of Bryce Joseph Vance for violations of the Idaho Insurance Code and imposed an administrative penalty of $46,000.
Vance was charged and admitted to violations of Idaho Code, Title 41, Chapter 10, by using fraudulent or dishonest practices, demonstrating untrustworthiness, or being a source of injury and loss to the public.
Among the allegations was that Vance submitted to Farmers Insurance 46 applications for insurance without the knowledge, consent or authorization of the consumers for whom the applications were submitted.
Vance is not permitted to reapply for an insurance producer license for a period of five years from the issuance of the order.
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