United Group Insurance

Iowa regulator fines Florida man, citing insurance scheme

News

September 21st, 2018 by Ric Hanson

DES MOINES, Iowa (AP) — The Iowa Insurance Division has fined a Florida man and revoked his license, alleging he’d scammed people who were buying health insurance. The division said in a news release Thursday that it ordered Covals Douze, of Coconut Creek, Florida, to pay fines and fees totaling nearly $44,000. The division also revoked Douze’s nonresident insurance producer license and barred him from reapplying for licensure for 15 years. Division spokesman Chance McElhaney says that, among other violations by Douze, people were told they were purchasing a health insurance policy but instead received a life insurance policy.