A Florida man who owns and operates a Florida-based insurance company that provides home and auto insurance coverage has been indicted by the state’s Attorney General.
Tower Hill’s company, Tower Hill Insurance, was indicted by a federal grand jury last week on charges of misleading and deceiving customers about the effectiveness of the company’s insurance policies.
According to documents obtained by FoxNews.com, prosecutors said Tower Hill had a $5 million premium per policy sold, which is equivalent to $2,000 per policy.
The indictment alleges that Tower Hill did not provide adequate and accurate information to its customers, and that the company also did not disclose the existence of its own policy or the costs of the policies to its consumers.
Tower Hamlets, Florida, police departmentThe indictment said that on Jan. 18, 2016, a criminal investigation was initiated against Tower Hamlets Police Department by the Florida Department of Law Enforcement.
The department said the company was conducting a criminal probe into the matter.
Towson Police DepartmentThe indictment alleges the company allegedly misled customers on the availability of coverage for the tower, and the accuracy of the coverage.
A company representative reportedly told a customer that Tower Hamlet was offering $1,500 for a coverage policy, but that the insurance company did not guarantee coverage, according to the indictment.
The indictment says that on May 8, 2016 the company provided a customer with a $25,000 guarantee on his policy, which the complaint alleges was a lie.
The complaint said that the complaint was sent to the U.S. Attorney’s Office for the Southern District of Florida and that Tower Hallins company is not currently a subject of the investigation.TOWSON, Md., police departmentTower Hallins was charged with fraudulently misrepresenting the cost of home insurance coverage.
According to the complaint, on July 24, 2017, a customer called the company to inquire about coverage for a home.
The customer received a response from Tower Hamlins corporate headquarters stating that the policies were not for sale.
The company allegedly did not give customers access to their own policy, and instead sent them to Tower Hamleys headquarters, according the complaint.TOWER HILL INSURANCE COMPANY | Business | Home | Tower Hill | Tower Hammers | Insurance company | General information | Business information | News article