Illinois Insurance Agent Sentenced to 7 Years in Prison for Swindling Premiums

Share!

Insurance Journal - Feb 27, 2024

The owner of a suburban Chicago insurance agency has been sentenced to seven years in federal prison for swindling more than $1 million from clients by collecting annuity premiums for policies that he never purchased, the U.S. Attorney’s Office, Northern …...

Read Full Article

Recommended Articles

Elevating the Customer Experience: Innovations in the Insurance Industry

Posted: Jul 26, 2024

This post is part of a series sponsored by Dyad. In today’s rapidly evolving digital landscape...

California Commissioner Announces FAIR Plan Modernization Deal

Posted: Jul 26, 2024

California Insurance Commissioner Ricardo Lara said on Friday that he and the California Fair Plan h...

Business Moves: NFP, Clear Group, and Strategic Risk Group Complete 4 Acquisitions

Posted: Jul 26, 2024

Three brokers – NFP, Clear Group, and Strategic Risk Group – each announced acquisitions during July...