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Press Release

Office Orders Company to Cease and Desist the Unauthorized Sale of Cell Phone Service Warranties
Thursday, March 10, 2011
Contact Info:

 

Jack McDermott
Brittany Perez
850 413-2515
850 413-2515
TALLAHASSEE, Fla. – Florida Insurance Commissioner Kevin McCarty issued an Order to Global Warranty Group LLC (GWG) to cease and desist selling unauthorized service warranty products. GWG is an authorized limited liability company with main offices in New York that does not have a license to sell service warranty products in Florida.
 
The Office conducted an investigation and determined that GWG has sold more than 3,000 cell phone service warranty products without a license, through retailers in Florida and online. GWG has 21 days to respond to the Order.
 
Regulators encourage consumers to research companies before they buy. The Office has an online "company search" tool that allows consumers to determine whether a company is authorized to sell insurance products in Florida.
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Contact Info:

 

Jack McDermott
Brittany Perez
850 413-2515
850 413-2515

About the Florida Office of Insurance Regulation
The Florida Office of Insurance Regulation (Office) has primary responsibility for regulation, compliance and enforcement of statutes related to the business of insurance and the monitoring of industry markets. For more information about the Office, please visit www.floir.com or follow us on Twitter @FLOIR_comm.

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