Madison, Wis. — The Office of the Commissioner of Insurance (OCI) is responsible for administering and enforcing the insurance laws of Wisconsin. This includes monitoring the financial and marketing practices of individuals and companies. Each month, OCI publishes the administrative actions it has taken against these entities. The actions are issued by OCI when licensing applicants, or licensed individuals or companies have violated Wisconsin insurance statutes or regulations. In some cases, the individual or company denied the stated allegations but consented to the action taken. OCI strives to ensure fair and honest business practices to protect Wisconsin insurance consumers through this type of transparency. Copies of the administrative orders may be viewed online at
ociaccess.oci.wi.gov/OrderInfo/OrdInfo.oci.
Any forfeitures paid are deposited in Wisconsin's Common School Fund administered by the Board of Commissioners of Public Lands. Earnings from the Fund are distributed to all public K-12 schools in the state and are used by school libraries to purchase materials such as books, newspapers, and computers.
If you have a question or complaint regarding an insurance company or agent you can use the online complaint form on our website,
oci.wi.gov, or contact OCI at 1-800-236-8517.
Allegations and Actions Against Agents
Steven Ballina, 3200 Moraine Dr., Aurora, IL 60506, agreed to the issuance of a one-year probationary insurance license. This action was taken based on allegations of having an administrative action taken by the State of Ohio and an employment termination for cause.
Frank Guarascio, Jr., 1700 Arabian Dr., Green Bay, WI 54313, agreed to cease all conduct violating insurance laws related to soliciting and selling final expense life insurance policies. This action was taken based on allegations of incorrectly classifying insurance policies, using advertising that did not contain required disclosures, and misrepresenting the cost of replacement policies.
Stephen B. Kundert, 1218 Sausalito Dr., Waunakee, WI 53597, agreed to the issuance of a one-year probationary insurance license with a continuing education requirement. These actions were taken based on allegations of failing to disclose a criminal conviction and administrative actions taken by the State of Wisconsin on a licensing application.
Michael P. Litwin, 3124 Canvasback Ln., Appleton, WI 54915, agreed to the two-year suspension of his insurance license and agreed to timely satisfy all conditions of an order issued by the Wisconsin Department of Financial Institutions. These actions were taken based on allegations of selling unregistered securities to insurance consumers.
Raimi Rundle, E3115 County Rd. P, Menomonie, WI 54751, agreed to the revocation of her Wisconsin insurance license and agreed to pay a forfeiture of $5,000.00 before reapplication. These actions were taken based on allegations of misappropriating money from an insurance agency and failing to respond promptly to inquiries from OCI.
Christian Schmitz, 11221 Synergy Dr., Wauwatosa, WI 53222, had his applications for a federal crime waiver and an insurance license denied. These actions were taken based on allegations of having a criminal conviction that may be substantially related to insurance marketing type conduct and failing to complete the terms of sentencing.
James T. Smith, 1820 W Wells St., Milwaukee, WI 53233, had his application for an insurance license denied. This action was taken based on allegations of failing to disclose criminal convictions on a licensing application and failing to respond promptly to inquiries from OCI.
Sadreca A. Williams, 2404 W Morgan Ave., Milwaukee, WI 53221, had her application for an insurance license denied. This action was taken based on allegations of having a criminal conviction that may be substantially related to insurance marketing type conduct, owing an unpaid civil money judgment to an insurer, and having other unpaid civil money judgments.
Copies of Administrative Actions