“The office of Mike Kreidler, Washington state’s insurance commissioners, has announced that it has levied sanctions and fines against State Farm and a pair of South Sound brokers in March.”
“Yelm’s John S. Clayton was fined $1,500 for offering $25 gift cards to clients for referrals without documenting the use of the gift cards. State insurance law allows agents to give prizes worth $25 to each client only once and also requires agents to document prizes, recipients and dates they were given,” quoting the Business Examiner.
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