Former North Dakota Insurance Agent Sent to Prison
A former Fargo, N.D., insurance agent has been sentenced to three years in prison and five years on supervised probation for stealing hundreds of thousands of dollars from three women.
Fifty-seven-year-old Jeffrey Neppl was accused of using client money to fund his struggling personal businesses, which included his insurance business, a car dealership and a transport service for the elderly and disabled. He pleaded guilty to felony misapplication of entrusted property.
Neppl also was ordered to repay about $209,000. Authorities allege he actually stole more than $500,000 but say a 3-year statute of limitations presented some of the money from being included in the prosecution.
North Dakota Insurance Commissioner Adam Hamm revoked Neppl’s license to do business last fall.
- 4,800 Claims Handled by Unlicensed Adjusters in Florida After Irma, Lawsuit Says
- Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination
- Beyond the Claim: How Social Canvassing is Transforming Insurance Fraud Detection
- DraftKings Sued Over ‘Risk-Free’ Bets That Were Anything But
- CoreLogic Report Probes Evolving Severe Convective Storm Risk Landscape
- California Sees Two More Property Insurers Withdraw From Market
- Mother of 8-Year-Old ‘Violently Sucked’ into Houston Hotel Pool Files Wrongful Death Suit
- Report: Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair