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Garnavillo woman’s insurance license revoked

News

December 16th, 2020 by Ric Hanson

(Radio Iowa) – The Iowa Insurance Division has revoked the insurance license of a Garnavillo woman. The Insurance Division says Brenda Murray misrepresented the benefits, terms, and disadvantages of certain insurance policies to elderly consumers. And she advised clients to make transactions that were not suitable for the elderly consumers and were not in line with their insurance and financial goals. The division says Murray also made misrepresentations to insurance carriers, including falsely identifying herself as the consumer. In addition to revoking her license — Murray was ordered to pay 18-thousand dollars in civil penalties.