News Stream

Single offense—an $8,300 embezzlement—does not warrant discipline under plural “dishonest practices” standard

An Indiana appellate court, in a December 31 decision, upheld the reversal of a decision by the state's insurance commissioner not to renew the license of an insurance producer who had stolen thousands of dollars from a homeowners association, ruling that the single instance of theft did not amount to "fraudulent, coercive, or dishonest practices," as the relevant statutory language reads, which requires more than one dishonest act to be applicable.

The content you are trying to access is only available to members. Sorry.