COLUMBUS — Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor revoked the resident insurance agent license of Troy Tripp, of Litchfield, Ohio, for violations of Ohio insurance law.
A Department hearing was held on July 13, 2010 regarding a felony conviction for Tripp. He was assessed a civil penalty of $1,500 and $1,500 in administrative costs at the hearing. Tripp failed to make payments as required by the order. Ohio insurance law allows the Director to revoke an insurance agent’s license for violating or failure to comply with any order of the Director.
Tripp’s resident insurance agent license was revoked effective June 27, 2011.
The Department operates the Take Action: Protect Yourself from Fraud initiative that educates consumers about insurance and investment fraud. Ohioans can visit www.takeaction.ohio.gov to read the Take Action Consumer Guide, and to stay informed on the latest fraud news and alerts.
Consumers with specific insurance questions and complaints can call the Department’s consumer hotline at 1-800-686-1526. Ohioans who believe an agent is committing fraud should call the Department’s fraud hotline, 1-800-686-1527. Information about agent fraud and misconduct can be found on the Department’s web site, www.insurance.ohio.gov.