WRAL Investigates

Insurance investigators want to meet with Selma agent

Posted October 14, 2011

— North Carolina Department of Insurance investigators want to meet with a Selma insurance agent to discuss fraud allegations.

According to an audit by the department, Brad Cooper is the owner of Commercial and Farmers Insurance in Selma and Affordable Choice Insurance in Wendell. He and his wife, Holly Cooper, bought the agency from his in-laws, Bill and Karen Honaker. They refer customers to her parents' finance company, Premium Service Inc. of Selma, for billing.

According to the audit, Brad Cooper is accused of overcharging customers by more than $60,000, and the Honakers are accused of overcharging customers by more than $42,000.

Insurance agent Heather Richardson, who operates Clayton Insurance Agency, has also been contacted about possible violations. According to a letter sent to her attorney, Richardson has been accused of overcharging clients more than $9,000.

Investigators sent notices to the attorneys representing the Coopers and Honakers this week to inform them of the allegations. Conferences have been set up for Wednesday and Thursday for the parties to meet with investigators.

Richardson has a meeting scheduled with investigators on Thursday as well.

If matters aren't resolved at the meeting, investigators will ask the state Attorney General's Office to hold a public administrative hearing to establish whether the allegations are true.

If the violations are found to be true, a hearing officer may suspend or revoke their insurance licenses or impose a fine.


This story is closed for comments.

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  • Its the who what Oct 17, 2011

    These people are worse than the worst criminals on the street. They take advantage of those who trust them the most-their customers. I bet the people that he was stealing from have paid premium for dozens of years and the first time they file a claim, the insurance companies will try to find a reason NOT to pay!!! Look at the guy, he looks like a dirtbag!!! The most dangerous people out there are those in suit and tie!!!

  • mikeyj Oct 14, 2011

    Looks like a job for da da da, "super CZAR!"

  • Mr. Sensible Oct 14, 2011

    Ahhh,, Don't send a lone woman this time.

  • same ole story Oct 14, 2011

    Investigate to the fullest and if found at fault maximum punishment. These are people we rely in the community for security. When that goes so does their freedom!!!!!!!!!!!!

  • NotAgain Oct 14, 2011

    Leave him along, he is just trying to provide jobs. Let him steal every now and then when he wants, he is a job provider, they RULE.

  • touchofgrey Oct 14, 2011

    Is suspending or revoking their insurance licenses or imposing a fine all that could possibly happen to these people? How about stealing from their clients? Last I heard that was illegal also. Jail seems like a more reasonable idea.