Tuesday, February 16, 2010

Praeger issues cease-and-desist orders for 4 Insurance companies

BY KAREN SHIDELER

The Wichita Eagle
Kansas Insurance Commissioner Sandy Praeger has ordered four insurance companies to stop selling misleading insurance products in Kansas.

The four companies are Real Benefits Association, Serve America Assurance, American Trade Association and Smart Data Solutions. All are headquartered in other states. Praeger also issued cease-and-desist orders for Bart Posey, Richard H. Backman, John Miller and Dave Clark. They are officers with one or more of the companies.

Serve America Assurance, American Trade Association and Smart Data Solutions have been the subject of consumer protection orders, warnings and fines in other states, including Oklahoma, North Carolina, Indiana, Connecticut, Arkansas and Michigan, Praeger's office said.




http://www.kansas.com/topstories/story/1183476.html

No comments:

Post a Comment