Former Iowa Agent Convicted of Insurance Fraud

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A former iowa coverage agent has been convicted of insurance fraud following an insurance fraud research with the aid of the iowa coverage division’s fraud bureau.

The division pronounced that pleasure marie heldt, age forty eight, of madrid, was convicted of fraudulent submissions to an insurer, a class d legal. Heldt is a former coverage agent in urbandale, iowa.
The conviction follows an research that started in march 2018. The research concluded that heldt, whilst acting as an coverage agent, used the figuring out facts of every other man or woman to complete an individual term lifestyles coverage software. The individual who turned into indexed because the proposed primary insured and policy proprietor did not authorize heldt to post the application.

Heldt turned into granted an iowa insurance manufacturer license in 2015. On march 28, 2018, iowa insurance commissioner ordered the permanent revocation of heldt’s iowa coverage license and ordered her to right away stop and desist from attractive inside the exercise of coverage in iowa as a result of her misconduct.

On jan. 10, 2019, heldt acquired a deferred judgment, two years probation, and was ordered to pay a high-quality of $750.00.

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