Texas Agency fine of $ 250K
The Texas Department of Insurance (TDI) a fine of $ 250000 Houston Insurance Agency for marketing and sales Workers’ Compensation insurance policies, public insurance against the rules. TDI records of disciplinary action against Brown & Brown Insurance Services Inc. of Texas, order and an agreement agreed on a solution.
TDI said that a violation of insurance rules, Brown & Brown members citations, certificates and free rights for the premium brought together organizations and individuals. In addition, Brown & Brown acted as an intermediary for an insurance company authorized before serving society as a mediator.
Brown & Brown expressed its readiness to these practices are no longer any workers’ compensation claims for injuries invalid for benefits covered by insurance in question, and carries fines. In addition and as part of the agreement, Brown & Brown is regularly file reports documenting all complaints written or verbal and are the amounts paid to each workstation valid injury claim. TDI said that Brown & Brown cooperation with the regulatory authorities in the investigation. In addition, Brown & Brown directly to the payment of fees and expenses for fees or commissions on merit as a result of the alleged behaviour.
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