premiums News

Former Georgia Insurance Agent Sentenced for Pocketing Premiums

A Macon insurance agent who took premiums from a nonprofit pleaded guilty in Bibb County Superior Court to one count of insurance fraud. Broadus W. Marshall Jr. was sentenced on Monday to 10 years of probation, 500 hours of community …

Florida Insurance Company Owners Guilty of Diverting Funds

A Miami-Dade Circuit Court entered a $76 million judgment against Aries Insurance Company former owners, Marcos Fraynd and his children Paul Fraynd, Saul Fraynd and Fanny Fraynd, who were found guilty of diverting funds for personal use. Aries, a personal …