Fake agent takes premiums, pockets thousands before hurricane hits - reports

Agent’s license had expired, but he continued to collect insurance premiums for his own benefit

Fake agent takes premiums, pockets thousands before hurricane hits - reports

Insurance News

By Lyle Adriano

Previously accused for posing as an insurance agent and pocketing premiums from local businesses, a Seminole County, FL man has been arrested again on new charges.

According to an arrest report by the Florida Division of Insurance Fraud, Michael Hensley had introduced himself as an insurance agent and provided “general liability insurance” for two local businesses – Express Automotive Towing in Winter Springs and General Millwork in Longwood.

State investigators, however, said that Hensley’s license to sell insurance had expired in 2015. He had collected $72,000 of insurance premiums over the years, which all went into his pocket.

The arrest report said that Hensley’s scheme began to fall apart after the businesses filed for a claim following Hurricane Irma last year, discovering that they were not covered as Hensley claimed.

“It caused pretty extensive damage to our roof and we called him the day after the hurricane hit,” Macho Auto Repair owner Felix Vargas told WFTV.

Vargas, another one of Hensley’s victims, could not get a hold of Hensley after Hurricane Irma caused extensive damage to his business’s roof.

“No replies on the phone and no emails returned – we kind of put two and two together.”

Left to fend for itself, Vargas’s business had to shell out $18,000 out of pocket to pay for roofing repairs.

Orange County court documents said that between those businesses, Hensley managed to make off with almost $62,000.

Hensley is currently free on bond, WFTV reported.

 

 

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