Man Arrested in Fake Business Insurance Scheme

A Florida man has been arrested for allegedly selling business insurance policies and pocketing the premiums while providing false documentation of coverage. Michael Christopher Hensley, owner of BOSC Insurance Co. and Hensley Insurance Co., admitted to stealing $61,954 in insurance premiums between 2011 and 2018 in Orange County, the Florida Department of Financial Services said in a news release. Hensley’s arrest followed an investigation by the department’s Disaster Fraud Action Strike Team, which is working in areas heavily impacted by Hurricane Irma. According to D...