Agents Fined by The State Without A Hearing. Is This Legal???

Sorry Illinois doi is out of control


ennis E. Kagel, Bloomington-- Stipulation and Consent Order issued effective January 7, 2015.
Mr. Kagel has been licensed since 2004 to sell life, health and variable insurance. The Order includes
allegations that Mr. Kagel failed to identify the insurer on an advertisement and made a misleading
first year yield statement in an advertisement. The Order also included a $10,000.00 civil penalty.


Ibler, Inc., Peoria – Stipulation and Consent Order issued effective February 10, 2015.
The Education Provider has been certified to offer courses to insurance producers since 1985. The Order
includes allegations that Ibler, Inc. awarded three (3) ethics classroom credit hours to an insurance producer
when course subject matter was discussed briefly. Ibler, Inc. is disqualified as a certified ed ucation provider
and shall not be allowed to re-apply for certification in Illinois

An educator 0f 30 yrs loses there ability to conduct business over 3 hrs credited that they did discuss. Crazy

Those do seem excessive. Legal extortion.
 
I only read the first page and am assuming your issue is with "alleged". I read a lot of following a hearing and consent orders which lead me to believe the agents had a Chance to be involved.


Right.."alleged". Perhaps in Soviet Union or Cuba, "Alleged" = "Guilty", but in America? (Strike Cuba. Obama says they're cool now.)
 
Hmmm, I wonder what the common thread between California and Illinois could be?

Illinois just elected a Republican Governor, Bruce Rauner. His name is at the top of the monthly disciplinary report. But he's still working to reverse the extreme damage from 25 years of liberal Governors...most of whom went to prison.
 
Illinois just elected a Republican Governor, Bruce Rauner. His name is at the top of the monthly disciplinary report. But he's still working to reverse the extreme damage from 25 years of liberal Governors...most of whom went to prison.

Just because the Governor is now Republican doesn't mean the rest (meaning majority) of the state isn't run by liberals (and I'm not saying you are stating otherwise). Several years ago California elected a "Republican" governor (The Terminator) and that didn't change the fact that California is run by liberals. The problem (and not just a liberal problem) is that governments (both local, state and federal) get entrenched with people who just shouldn't be in their positions. And many in "management" have the attitude of "beatings will continue until morale improves". It leaves us with the mess we have today.

Interestingly enough, I have a golf buddy who is VERY wealthy. And I do mean very wealthy (net worth in the $40-$50 million range). When he's buying municipal bonds one of his criteria is the state and municipality can't have been controlled by Democrats in the last 20 years. Whether that's an effective criteria or not, I don't know. But he's the one worth $40-$50 million and not me.
 
Sorry Illinois doi is out of control


ennis E. Kagel, Bloomington-- Stipulation and Consent Order issued effective January 7, 2015.
Mr. Kagel has been licensed since 2004 to sell life, health and variable insurance. The Order includes
allegations that Mr. Kagel failed to identify the insurer on an advertisement and made a misleading
first year yield statement in an advertisement. The Order also included a $10,000.00 civil penalty.


Ibler, Inc., Peoria – Stipulation and Consent Order issued effective February 10, 2015.
The Education Provider has been certified to offer courses to insurance producers since 1985. The Order
includes allegations that Ibler, Inc. awarded three (3) ethics classroom credit hours to an insurance producer
when course subject matter was discussed briefly. Ibler, Inc. is disqualified as a certified ed ucation provider
and shall not be allowed to re-apply for certification in Illinois

An educator 0f 30 yrs loses there ability to conduct business over 3 hrs credited that they did discuss. Crazy

Notice these are "consent" orders which means both parties agreed to the facts and the punishment without pursuing it in court.
 
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