Iowa Insurance Dept.: Michael Michio and Claim Adjusters Group Ordered to Pay a Total of More Than $1.3 Million in Restitution, Penalties and Fees and Nonresident Public Adjuster's License Revoked
October 12, 2024
October 12, 2024
DES MOINES, Iowa, Oct. 12 -- The Iowa Department of Insurance and Financial Services's Insurance Division issued the following news release:
Iowa Insurance Commissioner Doug Ommen issued a final order that revoked the nonresident public adjuster license of Michael Michio and permanently banned him and his company, Claim Adjusters Group, Inc, from applying for Iowa public adjuster licenses. Michio and Claim Adjusters Group were also ordered to pay restitution in the amount of $1,028, . . .
Iowa Insurance Commissioner Doug Ommen issued a final order that revoked the nonresident public adjuster license of Michael Michio and permanently banned him and his company, Claim Adjusters Group, Inc, from applying for Iowa public adjuster licenses. Michio and Claim Adjusters Group were also ordered to pay restitution in the amount of $1,028, . . .