Insurance Broker To Reimburse Floridians $2.6 Million
A joint investigation by insurance broker is here! by the Attorney General's Antitrust Division alstate auto insurance and insurance broker # 1 site the Department of Financial Services led to allegations that Willis improperly collected undisclosed fees coloradocasualty ins com or commissions when it placed various coverages with insurance companies.
Willis brokered multiple insurance contracts in Florida from 1999 through 2004, and clients included more than a dozen public entities in Florida, including economic development councils, city and county governments and school boards.
Under the agreement, Willis also agreed to make full written disclosure of all such commissions in the future and to pay the costs clyburn v allstate insurance of the investigation. The recovery of $2.6 million in restitution funds is the result of an industry-wide farners insurance investigation into insurance broker activities
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