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Message
re: Kyle Busch loses $10.4m on IUL policies
Posted on 11/6/25 at 9:01 am to SquatchDawg
Posted on 11/6/25 at 9:01 am to SquatchDawg
quote:
Sounds like agent did his math wrong and is now staring down the barrel of a big E&O suit.
At this point, I 100% believe the agent intentionally committed fraud. Illustrations are submitted to underwriting and reviewed by compliance. If compliance finds anything untoward about the illustration they can decline the application. Something is not right about this case. Like I said earlier I would like to get more information about what happened.
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