A commercial insurance broker in Helena, Montana, has been sentenced to 90 days in jail, sentenced to 10 years of probation and ordered to pay $150,000 in restitution for insurance fraud.
Mark Biegler pleaded guilty to six felony counts of insurance fraud and theft, according to the state Commissioner of Securities and Insurance, Office of the Montana State Auditor.
Mr. Biegler previously worked at Hub International Ltd. but he was terminated by Hub in 2017, a spokeswoman for the brokerage said in an email. The charges relate to Premier Insurance LLC, an agency he established, she said.
According to court documents filed in state court in 2020, between September 2018 and September 2020, Mr. Biegler, who held insurance and excess insurance producer licenses, for felony insurance fraud and theft of insurance premiums against five companies.
He was also charged with fraud for filing false written statements with State Farm Mutual Insurance Co. in May 201
7.The details of the fraud charges vary, but in one case he was accused of having a company pay a premium directly to him instead of an insurer, and of altering a return by falsely stating that the company had insurance coverage.
Montana Commissioner Troy Downing said in a statement that Mr. Biegler “was a con artist who took advantage of his friends and clients” while risking the reputation of the insurance industry.
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