Complaint Review: Fred Loya Insurance. Fined With $10.000, In Texas For Letting Unlicensed Agents Write Insurance. - California, Texas Nationwide
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- Author Confirmed
- Fred Loya Insurance. Fined With $10.000, In Texas For Letting Unlicensed Agents Write Insurance. 3132 E. Florence Ave., Huntington Park, CA 90255 Nationwide U.S.A.
- Phone: 323-262-0662
- Web:
- Category: Advertising / Deceptive
Fred Loya InsuranceFred Loya Insurance. Fined With $10.000, In Texas For Letting Unlicensed Agents Write Insurance. This Company got a $10.000 fine in Texas in 2006 for letting unlicensed people work as agents. California And Texas Texas & California
*UPDATE EX-employee responds: Exemployee
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Fred Loya Insurance targets mainly Spanish Speaking people. They Insured them even if they don't have a driver license. He hires people who do not have an insurance license as insurance agents, this company got a $10.000 fine for this, in Texas, in 2006.
Since not to many people out of the insurance industry know that selling insurance without a license is a misdemeanor, fred Loya has been able to get away with this. Not only the business should have this license, bat every single person who works selling insurance for a company should have this license. So If an agency has 30 people selling insurance, every single one of these 30 people should have an active insurance license. To sell insurance without this license is a misdemeanor.
There is another agency in los angeles who hires nothing but unlicensed people as agents. This agency is West Coast Insurance. The business license number as it appears in the ads in the Penny Saver and El Clasificado in Spanish is 0D94526, this license is inactive (as of 10/21/2007, today), they should not be selling insurance with an inactive license. Their phone # as it appears on their ads are 1 (800) 349-5900 and 562-693-2414. They have several offices and not a single endorsed licensed agent or solicitor.
To check the validity of this information go to the California Department of Insurance at http://insurance.ca.gov/license-status/ or call them at 800-927-4357.
If this weren't enough, many, many and I mean many other agencies do the same thing, they hire unlicensed agent to write insurace, knoung full wel it is a misdemeanor. You would be surprised to know who these agencies are, some of them are very well known, specialy in the latino comunities,
car dealerships call us "lay downs", this is probably the same term insurance agencies use for us.
The California Department of Insurance regulates these agencies and should stop them from doing anythig illegal.
Why has West Coast been able to stay in business without a single active licese?
Why are all of these other agencies able to hire all these unlicensed agents?
Let's ask the Department of Insurance.
And abuot false advertising. Many agencies advertise $0.00 down payment. Is that for real or is it False advertising?
Now go and ask your insurance agent for his or her insurance license, you will be surprices of how may of them don't have one!
I sure would welcome any media members to look into this!
And if it is Virginia Ellis of the Los Angeles Times, even better!
Maria
Los Angeles, California
U.S.A.
This report was posted on Ripoff Report on 10/21/2007 11:21 AM and is a permanent record located here: https://www.ripoffreport.com/reports/fred-loya-insurance-fined-with-10000-in-texas-for-letting-unlicensed-agents-write-insurance/nationwide/fred-loya-insurancefred-loya-insurance-fined-with-10000-in-texas-for-letting-unlicense-280096. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#1 UPDATE EX-employee responds
Exemployee
AUTHOR: Mother Angelica - (U.S.A.)
SUBMITTED: Sunday, October 21, 2007
Thank you Maria for the info! It's about time they finally get caught. I used to work as an adjuster in the San Antonio claims office. (And not proud of it). They STILL have unlicensed adjusters settling claims. Maybe they haven't learned their lesson yet but believe me they're going to get hit real hard eventually. Also they force the BI adjusters offer under $2000 for any BI settlements REGARDLESS OF THE INJURY! If you don't do this you get fired, no questons asked..I've seen it happen over & over. If you feel a claim is worth more than $2K you must go thru all kinds of hoops & red tape to get a manager to approve it...good luck with that! Adjusters can lose their license for unfair claims practices! (Those who are licensed). I did not feel good about working there at all. Thank god I saw the light and found a whole new career field. I did not like low-balling injured claimants especially when they didn't know any better & would take whatever we offered only because they never dealt with this before. It was taking advantage of poor people as well as spanish speaking people because, at least the ones I dealt with, could not understand my english very well so I feel like in a way I was tricking them to accept the settlement.
Besides all that I never saw such sexual harassment going on with no shame.
Management (married males!) hitting on females at out of town settlement conferences all the time, left & right. One guy had a pregnant wife working at the office while he's out of town trying to get some on the side! I'm tempted to name names but anyone there knows exactly who I'm talking about. I might as well add the main trainer & claims director have a thing, (job security & promotions for her)!as well as the same married man w/the pregnant wife & a BI adjuster, has been going on for years & everyone knows (except his wife probably or she looks the other way), this female is a terrible adjuster but receives special treatment, blah blah blah! I guess job security is worth spreading your legs for some people. Not me I'd rather sell newspapers on the corner, at least it's legit and honest work.
Anyway thank you again Maria!
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