Iowa Insurance Agent Fined $18K, Loses License Over Fraudulent, Dishonest Practices December 15, 2020
An Iowa insurance agent has been ordered to pay $18,000 in civil penalties and relinquish her producer’s license over fraudulent and dishonest business practices, regulators say.
The Iowa Insurance Division cited Brenda Murray of Garnavillo, Iowa, for fraudulent and dishonest practices, incompetency, recommending unsuitable products, and committing twisting. She had been a licensed agent in Iowa since 2004.
According to the division’s order, Murray is employed by The Insurance Center, based in Onalaska, Wis., and sells insurance in Iowa, Minnesota and Wisconsin. She is appointed with National Guardian Life Insurance Co.