Week in Ketron: Tennessee Insurance Commission fines Kelsey $23K and revokes her license

Jan 24, 2020 at 10:13 am by Michelle Willard

Bill and Kelsey Ketron in 2018

The state of Tennessee has leveled its administrative justice against Kelsey Ketron and her attempts to sell insurance without a license (allegedly).

On Jan. 17, the Tennessee Department of Commerce & Insurance filed an order (read it here) with the Secretary of State's Administrative Procedures Division in the Kelsey Ketron insurance fraud case.

"Under this agreement, Ms. Ketron's insurance producer license was revoked, she will pay $23,000 in civil penalties, and she agreed to cease and desist from any insurance-related activities requiring a license from the Department," Kevin Walters, communications director, Tennessee Department of Commerce & Insurance.

Kelsey Ketron (to which she is referred because that is her legal name) was ordered pay the fines in four installments over four years that first of which is due at the beginning of March.

She is also banned from selling insurance for until the fine is "paid in full."

"This agreement shows consumers that the Department takes consumer complaints seriously and will seek to take disciplinary action when wrongdoing is discovered," Walters said.

The agreement settles the adminstrative portion of the case.

Background

In early July, it was alleged that Kelsey Ketron had fraudulently accepted payment for a homeowner's insurance policy, without obtaining the policy. And at a time when she did not possess a valid license to do so.

On May 29, 2019, the Tennessee Commission of Commerce and Insurance sent Kelsey Ketron a cease and desist ordering her to stop selling insurance and said she "lied to the consumer about the existence of the homeowners insurance policy."

A license revocation hearing on the matter was rescheduled for January. The is a civil lawsuit about this complaint has been settled in Rutherford County Circuit Court, but the criminal suit is still being adjudicated.

She is set to appear April 20 to face 30 counts of Impersonating a Licensed Professional, 14 counts of Money Laundering, 12 counts of Aggravated Perjury, five counts of Fraudulent Insurance Acts $250,000 or more, five counts of Forgery $250,000 or more, two counts of Fraudulent Insurance Acts $60,000-$250,000, Fraudulent Insurance Acts $10,000 - $59,999, Theft of Property $10,000 - $60,000, and Theft of Property $60,000 - $250,000.

And Vickie Ketron still wants you to know she isn't related to any of these people.

 

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