Illinois Department of Insurance Disciplinary Report for November 2011

CHICAGO – The Illinois Department of Insurance announced today the following disciplinary orders:• Sherri Ellen Granat, Oak Lawn - Stipulation and Consent Order issued regarding the insurance producer license effective October 17, 2011. Ms. Granat has been licensed to sell casualty and fire insurance since February 6, 2009. The Stipulation and Consent Order, which includes a $1,000 civil forfeiture and corrective orders, alleges that Ms. Granat engaged in untrustworthy behavior with an insurance consumer. • Paul R. Schultz, Vernon Hills - Stipulation and Consent Order issued regarding the insurance producer license effective October 21, 2011. Mr. Schultz has been licensed since August 5, 1986 to sell life, health, casualty, and fire insurance. The Stipulation and Consent Order, which includes a $2,000 civil forfeiture and corrective orders, alleges that Mr. Schultz misrepresented a consumer’s information on an application to the insurer for automobile insurance.