Rexburg insurance producer loses license
The Idaho Department of Insurance has revoked the license of insurance producer Malorie Warner of Rexburg. The department said it took the action, effective April 3, 2017, because she submitted an insurance claim for a medical procedure that did not occur. Warner admitted to one violation. Warner was ordered to pay an administrative penalty of $8,500 was imposed, $7,000 was suspended. “Submitting false claims is always wrong,” said Department Director Dean Cameron. “Insurance fraud perpetrated by licensed agents is particularly egregious. We hold them to a high standard and professionalism and honesty. Any misconduct on their part not only harms consumers but also harms the reputation of the industry.” Warner was an associate with AFLAC from August 2011 to September 2015. The alleged misrepresentations occurred in 2012 and 2014, According to the department, AFLAC referred information to the department regarding the potential fraud. Department investigators retrieved bank deposit records and insurance claim forms to aid in verifying the violation. Warner will not be allowed to reapply for an insurance producer license for five years and until the entire penalty is paid.