South Carolina              
Administrative Law Court
Edgar A. Brown building 1205 Pendleton St., Suite 224 Columbia, SC 29201 Voice: (803) 734-0550

SC Administrative Law Court Decisions

CAPTION:
SCDOI vs. William M. Worthy, II

AGENCY:
South Carolina Department of Insurance

PARTIES:
Petitioner:
South Carolina Department of Insurance

Respondent:
William M. Worthy, II
 
DOCKET NUMBER:
06-ALJ-09-0083-CC

APPEARANCES:
n/a
 

ORDERS:

ORDER OF DISMISSAL

This matter is before me pursuant to a request for a contested case hearing filed on February 16, 2006 by Respondent, William M. Worthy, II. Petitioner, the South Carolina Department of Insurance (Department), seeks revocation of Respondent’s South Carolina producer’s license, which has been suspended since 2004.

By letter dated January 19, 2006, the Department noticed Respondent of its intent to revoke his producer’s license under S.C. Code Ann. § 38-43-130. In seeking revocation, the Department alleges that Respondent deceived and dealt unjustly with the citizens in this state in the business of insurance. Specifically, the Department alleged in its Pre-hearing Statement that: Respondent was the president of CHS Admin, LLC., and controlled New Source Benefits, LLC, CHS Admin’s successor corporation; that CHS Admin entered into an agreement with TIG Premier Insurance Company, a subsidiary of Fairmont Specialty Group, to administer group insurance plans; that at Respondent’s direction, CHS Admin and/or New Source Benefits failed to remit to TIG premiums collected on TIG’s behalf; and that at Respondent’s direction, those premiums were converted for Respondent’s personal use and the use of other entities that Respondent controlled.

On October 16, 2006, Respondent withdrew his request for a contested case hearing. Accordingly,

IT IS HEREBY ORDERED that this matter is dismissed with prejudice and remanded to the Department of Insurance to take such action as it deems appropriate.

AND IT IS SO ORDERED.

_____________________________

Marvin F. Kittrell

Chief Administrative Law Judge

October 23, 2006

Columbia, South Carolina


~/pdf/060083.pdf
PDF

Brown Bldg.

 

 

 

 

 

Copyright © 2022 South Carolina Administrative Law Court