OKLAHOMA CITY (KFOR) – The Oklahoma Insurance Department (OID) on Friday announced it had revoked an Oklahoma producer license after an OID investigation.
OID officials say their office received a complaint regarding Oklahoma producer license holder Brent Carter in connection with providing fraudulent insurance documents.
During a show-cause hearing on December 10, the hearing officer determined Carter violated the state law:
- selling
- soliciting or negotiating insurance without a valid license
- accepting insurance premiums without remitting the funds to the appropriate insurance company
- misrepresenting himself as a licensed insurance producer; and providing false insurance documents that led an insured individual to believe they had coverage when they did not
OID says Carter was issued a $1,000 fine and had his license revoked and the ability to gain licensure removed…