We just learned today that the Colorado Insurance Department issued a “Cease and Desist” order on March 24, 2009 to Prime Travel Protection and/or Jerry and Christine Watson.
I first wrote about Prime Travel Protection on January 29, 2009 after they announced filing for bankruptcy and after news that the Florida Insurance Department was investigating their activities in Florida and those of 3 travel agencies located there that had been selling their “protection” to clients.
I’ll write more about unlicensed travel insurance products later but for now congratulations to the Colorado Insurance Department for a job well done.