Unlicensed Company Selling Travel Insurance

August 22, 2006 By Leave a Comment

Original article from Texas Department of Insurance
Trip Assured was recently ordered to cease and desist from selling their insurance products in the State of Texas, according to the Texas Department of Insurance. They claim that Trip Assured Inc., a Crossville, Tenn. based company has engaged in the business of insurance by soliciting, marketing, selling, administering, executing, and issuing travel insurance policies to Texas residents.

However, the company holds no license, certificate, or authorization to practice the business of insurance in Texas.

The Trip Assured site now forwards to HTH Worldwide when selecting Texas as you place of residence. In fact, their site now forwards to HTH Worldwide for several states, indicating they may have similar issues in those states.

Fortunately for those currently holding a Trip Assured policy in Texas, the company is still responsible for claims made against their policies.

 



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