Previously licensed California insurance coverage agent has been charged with 11 felony counts together with identification theft, grand theft and embezzlement after allegedly writing 162 fraudulent insurance policies in an try to realize unearned commissions.
The California Division of Insurance coverage started an investigation into Paul Kirton, 51, of Bozeman, Montana, after an insurance coverage firm was reportedly notified by one among their insureds that they weren’t employed by the corporate listed on their coverage.
The investigation reportedly revealed that Kirton wrote 162 insurance policies for 38 policyholders underneath “firm teams” who had been by no means employed with the businesses, making the people ineligible to be positioned on the corporate group accounts. This precipitated the insurance coverage firm to allegedly pay out greater than $182,376 in unauthorized declare advantages on fraudulent insurance policies, in response to the CDI.
Investigators additionally reportedly found Kirton submitted different coverage purposes for people who didn’t authorize the coverage purposes, and offered false private data for people which resulted in Kirton being paid greater than $35,000 in unlawful advance commissions.
Kirton was arrested final week in Bozeman, Montana and is presently awaiting extradition. His lawyer appeared in courtroom this week on his behalf. The case is being prosecuted by the Orange County District Lawyer’s Workplace.
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