Administrative Actions February 2019

​Last Updated: March 4, 2019

For more information contact: Richard Wicka, Chief Legal Counsel
(608) 261-6018 or richard.wicka@wisconsin.gov


Madison, WI—OCI has taken the following administrative actions. In many of these cases the respondent denied the allegations but consented to the action taken. Any forfeitures paid in these administrative actions are deposited in the Common School Fund which is administered by the Board of Commissioners of Public Lands. The earnings from this fund are distributed to all public K-12 schools in Wisconsin and are used by school libraries to purchase books. Copies of the administrative action orders may be viewed online at https://ociaccess.oci.wi.gov/OrderInfo/OrdInfo.oci.

OCI is responsible for overseeing the operations and marketing of insurance companies and agents in Wisconsin. OCI encourages anyone with a question or a complaint regarding an insurance company or agent to contact the office at this toll-free telephone number: 1-800-236-8517.

Allegations and Actions Against Agents

Michael M. Hurtgen, Girard Securities, 5655 S. Yosemite St., Ste. 340, Greenwood Village, CO 80111, agreed to pay a forfeiture of $3,000.00 and agreed to certain reporting and licensing application disclosure requirements. This action was taken based on allegations of failing to timely disclose a FINRA action and an employment termination for cause to OCI and on a licensing renewal application.

Patrick B. Lambo, P.O. Box 343, Brookfield, WI 53008, had his insurance license permanently revoked, was ordered to pay combined forfeitures of $115,488.68, and was ordered to pay consumer restitution of $106,562.31. These actions were taken based on allegations of committing prohibited personal financial transactions and making misrepresentations to an insurer.

John B. Larkin, 2913 Lothair Way, Long Beach, IN 46360, had his application for an insurance license denied. This action was taken based on allegations of failing to disclose administrative actions on a licensing application; having administrative actions taken by the states of Montana, Florida, Georgia, Colorado, and Indiana; failing to respond promptly to inquiries from OCI; failing to complete a licensing application; and failing to timely disclose a pending criminal charge and administrative action while previously licensed.

Richard S. Lentz, 821 12th Ave., Green Bay, WI 54304, had his application for an insurance license denied. This action was taken based on allegations of failing to disclose administrative actions taken by the states of Delaware, Georgia, North Dakota, Alaska, California, Alabama and Wisconsin on a licensing application; providing a false statement to OCI regarding administrative actions taken during a period of restricted licensure; violating the insurance laws of Wisconsin and other states; and providing incorrect, misleading, incomplete, and materially untrue information on a licensing application.

Jessica C. Perold, 708 1/2 Jones St., Eau Claire, WI 54701, had her application for a federal crime waiver denied. This action was taken based on allegations of providing incomplete documentation and failing to respond promptly to inquiries from OCI.

William G. Powell, 20685 E. Oxford Pl., Aurora, CO 80013, had his application for an insurance license denied. This action was taken based on allegations of committing unfair insurance trade practices.

Alex Redd, 7005 Chester Dr., Madison, WI 53719, had his application for an insurance license denied. This action was taken based on allegations of failing to obtain a federal crime waiver and failing to have authorization to work in the United States for the licensing period.

John L. Wilk, 13402 7 1/2 Mile Rd., Caledonia, WI 53108, had his applications for an insurance license denied. This action was taken based on allegations of having a deferred criminal conviction that may be substantially related to insurance marketing type conduct and failing to complete the terms of the deferred prosecution agreement.

Allegations and Actions Against Companies

American Auto Shield, LLC, 1597 Cole Blvd., Ste. 200, Lakewood, CO 80401, agreed to pay a forfeiture of $4,000.00. This action was taken based on allegations of failing to comply with previous orders to provide information and to pay a forfeiture.

Capital Investment Group, Inc., P.O. Box 32249, Raleigh, NC 27622, had its application for an insurance license denied. This action was taken based on allegations of failing to disclose administrative actions taken by the states of South Carolina, South Dakota, Massachusetts, and Missouri on a licensing application; having a history of FINRA actions; having involvement in a lawsuit or arbitration containing allegations of fraud, misrepresentation, misappropriation or breach of fiduciary duty; and failing to respond promptly to inquiries from OCI.

Copies of Administrative Actions