Georgia Insurance Commissioner John W. Oxendine said authorities arrested a Powder Springs insurance agent for allegedly pocketing his clients’ premiums instead of paying insurance companies for coverage.
Ellery Butler, 49, is charged with three counts of insurance fraud,
Oxendine said.
Butler worked for Eternity Insurance Agency in Powder Springs, at the time the alleged fraud occurred.
The state’s fraud unit investigation uncovered misappropriated funds totaling $7,005 on policies including workers compensation, liability, commercial auto, and inland marine, according to Oxendine.
“We want to hear from anyone who’s had business dealings with this individual,” Oxendine said. “You can call our Consumer Services Division at 404-656-2070, or tollfree at 800-656-2298, to find out if your coverage is valid.”
Source: Georgia Insurance Commission
Was this article valuable?
Here are more articles you may enjoy.
IMA Latest to Sue Howden Over Alleged Employee Poaching 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
AM Best Upgrades Credit Ratings of Missouri’s Columbia 
DeSantis Signs Citizens Commercial Clearinghouse Bill That’s Been Called ‘Unneeded’ 
