Insurance Companies target Military personnel

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Posted: 3:32 PM May 8, 2008
Last Updated: 3:32 PM May 8, 2008

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The Florida Office of Insurance Regulation is investigating claims that two insurers took advantage of our country’s bravest.

OIR wants American Fidelity Life Insurance and Trans World Assurance to address allegation that the companies used a US Marine to gain access to soldiers on a Florida military base.

The companies are also being investigated for imitating military personnel to sale insurance. OIR Spokesman Ed Domansky says his office is looking out for soldiers.

“The commissioner is committed to ensuring that military people aren’t targeted by such deceptive and predatory sales practices. He will remain vigilant to that extent.”

The companies have 21 days to respond or OIR could revoke their business licenses.

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