The Department of Consumer and Business Services (DCBS) revoked the insurance agent license of a Gresham man, Allan E. Richard, for violating the Oregon Insurance Code.
An investigation by the DCBS Insurance Division found that Richard backdated an insurance application to cover a loss. As a result of his dishonesty, Millers Casualty Insurance Co. paid a total of $104,280.15 in claims for an auto accident that occurred before insurance coverage was in effect. Richard has been licensed as an Oregon resident insurance agent since 1968.
Was this article valuable?
Here are more articles you may enjoy.
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
Palm Beach Billionaires Feud Over Who’s Really Protecting the Everglades 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
AI for the Defense: Should Insurers or Law Firms Pay? From This Issue
