| Attachment | Size |
|---|---|
| Printer friendly version of Docket No. 20-007-I (208.89 KB) | 208.89 KB |
STATE OF VERMONT DEPARTMENT OF FINANCIAL REGULATION
)
IN RE: Kendra aleman ) docket no. 20-007-I
VT LICENSE # 3134869 )
NPN # 16011411 )
)
DEFAULT JUDGMENT AND ORDER
I.FINDINGS OF FACT
Respondent Kendra Aleman (“Respondent”) holds Vermont non-resident insurance producer license # 3134869.
License # 3134863 was last renewed in 2019 and is effective until March 31, 2021.
Respondent’s resident state is California.
California statute refers to insurance producers as insurance agents.
On August 22, 2019, the Insurance Commissioner of the California Department of Insurance issued to Respondent an Order Immediately Suspending and Removing from Office and Employment with Production Agency (“California Order”).
The California Order identifies that Respondent was charged in California state court with a variety of counts of criminal activity and finds that failure to immediately issue an order against Respondent would threaten the financial solvency of insurers or cause financial or other injury to people.
The California Order suspended Respondent’s resident insurance agent license immediately upon issuance and prohibited her from participating in the business of an insurer or insurance production agency and from acting as an individual insurance producer.
As of the effective date of this Default Judgment and Order, more than 30 days after service of the Petition and Notice, no answer, request for a hearing, or other defense to the Petition has been received by the Insurance Division from Respondent.
More than 10 days have passed since the Insurance Division filed a motion for default judgment in the above-captioned matter and served the motion on Respondent.
II.CONCLUSIONS OF LAW
Because the California Department of Insurance issued an order immediately suspending Respondent’s insurance agent license, the California equivalent to Vermont’s producer license, causing her to lose good standing in her resident state of California, suspension of her Vermont insurance producer licenses is authorized pursuant to 8 V.S.A. § 4804(a)(2) and (10).
Because no answer, request for a hearing, or other defense to the Petition has been received by the Insurance Division from Respondent, and as more than 10 days have passed since the Insurance Division filed a motion for default judgment, the allegations contained in the Petition are treated as proven and a default judgment may be entered in the above-captioned matter, pursuant to Sections 5 and 12 of the Vermont Department of Financial Regulation (formerly known as the Vermont Department of Banking, Insurance, Securities and Health Care Administration) Hearing Procedures, identified as Regulation 82-1.
Based on the findings of fact and conclusions of law set forth above, a default judgment is entered against Respondent and it is hereby ordered that the non-resident insurance producer license # 3134869 of Respondent Kendra Aleman is suspended, effective immediately, until such time as her California license is reinstated or her Vermont license expires, whichever event occurs first.
Dated at Montpelier, Vermont this ______ day of ____________ 2020.
By: ________________________________
Michael S. Pieciak
Commissioner of Financial Regulation
Vermont Department of Financial Regulation