Brown & Brown Fined $250K, Violating TX WC Rules

The Texas Department of Insurance (TDI) recently imposed a $250,000 fine against a Houston insurance agency that marketed and sold workers' compensation insurance policies in violation of state insurance rules. The disciplinary action was filed against Brown & Brown Insurance Services of Texas, Inc., which signed a consent order and agreed to a settlement. In violation of insurance rules, Brown & Brown communicated quotes, issued certificates, and collected premium for unlicensed entities and individuals. In addition, Brown & Brown acted as an agent for an authorized insurance company befor...