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Austin George License Revoked for Fraud and Misrepresentation

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Filed March 23rd, 2026
Detected March 24th, 2026
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Summary

The Michigan Department of Insurance and Financial Services (DIFS) has revoked the insurance license of Austin George. The revocation is based on findings of fraud and misrepresentation in obtaining the license and untrustworthy business practices, as admitted by the respondent in a stipulation.

What changed

The Michigan Department of Insurance and Financial Services (DIFS) has issued an Order Accepting Stipulation to revoke the insurance license of Austin George (Enforcement Case No. 26-18968). The revocation stems from admissions by Mr. George that he obtained his license through fraud and misrepresentation, violating specific sections of the Michigan Insurance Code. He also admitted to using fraudulent or dishonest practices and demonstrating untrustworthiness.

This order means Austin George can no longer operate as an insurance licensee in Michigan. The revocation is effective immediately. Failure to comply with the terms of the stipulation, which has been adopted by the Director, may lead to further proceedings. Compliance officers should note this action as an example of strict enforcement against fraudulent conduct in the financial services sector.

What to do next

  1. Review internal processes for license acquisition to prevent fraud and misrepresentation.
  2. Ensure all business practices adhere strictly to Michigan Insurance Code provisions regarding honesty and trustworthiness.

Penalties

License revoked

Source document (simplified)

STATE OF MICHIGAN DEPARTMENT OF INSURANCE AND FINANCIAL SERVICES Before the Director of the Department of Insurance and Financial Services In the matter of: Austin George Enforcement Case No. 26-18968 System ID No. 1305509 Respondent. _______________________/ Issued and entered on March 23, 2026 by Joseph Garcia Senior Deputy Director, and General Counsel ORDER ACCEPTING STIPULATION Based upon the Stipulation to Entry of Order and the files and records of the Department of Insurance and Financial Services (DIFS) in this matter, the Senior Deputy Director finds and concludes that:

  1. The Senior Deputy Director has jurisdiction and authority to adopt and issue this Order Accepting Stipulation in this proceeding pursuant to the Michigan Administrative Procedures Act of 1969 (APA), as amended, MCL 24.201 et seq., and the Michigan Insurance Code of 1956 (Code), MCL 500.100

et seq.

  1. All required notices have been issued in this case, and the notices and service thereof were
    appropriate and lawful in all respects.

  2. Acceptance of the Stipulation to Entry of Order is reasonable and in the public interest.

  3. All applicable provisions of the APA have been either satisfied or waived by all Parties.

  4. On or about February 23, 2026, DIFS served a Notice of Opportunity to Show Compliance (NOSC)
    on Respondent. In the NOSC, DIFS asserted that Respondent provided justification for sanctions pursuant to Sections 1239(1)(a) and 1239(1)(g) of the Code, MCL 500.1239(1)(a) and MCL 500.1239(1)(g).

  5. Respondent admits that sanctions are warranted under Section 1239(1)(a) of the Code, MCL
    500.1239(1)(a), because Respondent attempted to and did obtain a license through misrepresentation or fraud.

  6. Respondent admits that sanctions are warranted under Section 1239(1)(g) of the Code, MCL
    500.1239(1)(g), because Respondent used fraudulent or dishonest practices and demonstrated untrustworthiness in the conduct of business.

Order Accepting Stipulation Enforcement Case No. 26-18968 Page 2 of 2

  1. The Director is authorized to take disciplinary action against Respondent’s insurance license in
    addition to the imposition of monetary penalties for the above-described statutory violations pursuant to Sections 1239 and 1244 of the Code, MCL 500.1239 and MCL 500.1244. Now therefore, based upon the Stipulation to Entry of Order and the facts surrounding this case, IT IS ORDERED THAT:

  2. All agreements contained in the Stipulation to Entry of Order are accepted and adopted in their
    entirety.

  3. Respondent shall comply with all terms agreed to in the Stipulation to Entry of Order. A failure to
    comply with a term in the Stipulation shall be deemed a violation of this Order.

  4. Respondent’s license is hereby REVOKED, effective immediately.

  5. The Senior Deputy Director retains jurisdiction over the matters contained herein and has the
    authority to issue such further order(s) as shall be deemed just, necessary, and appropriate in accordance with the Michigan Insurance Code. Failure to abide by the terms and provisions of the Stipulation to Entry of Order and this Order may result in the commencement of additional proceedings.

____________________________________ Dated: March 23, 2026 Joseph A. Garcia Senior Deputy Director, and General Counsel

STATE OF MICHIGAN DEPARTMENT OF INSURANCE AND FINANCIAL SERVICES Before the Director of the Department of Insurance and Financial Services In the matter of: Austin George Enforcement Case No. 26-18968 System ID No. 1305509 Respondent. _______________________/ STIPULATION TO ENTRY OF ORDER Austin George (Respondent) stipulates to the following:

  1. Respondent had the opportunity to have this Order Accepting Stipulation and Stipulation to Entry of
    Order (collectively “Consent Order”) reviewed by legal counsel.

  2. Respondent has read and understands this Consent Order.

  3. Respondent understands that Respondent has a right to a hearing before an administrative law
    judge, at which DIFS would be required to prove the charges set forth by presentation of evidence and legal authority and at which Respondent would be entitled to appear, to cross-examine all witnesses presented by DIFS, and to present such testimony or other evidence or legal authority deemed appropriate as a defense to said charges. Respondent understands and intends that by agreeing to the Consent Order, Respondent is knowingly and voluntarily waiving Respondent’s right, pursuant to the Michigan Insurance Code of 1956 (Code), MCL 500.100 et seq., the rules promulgated thereto, and the Administrative Procedures Act (APA), MCL 24.201 et seq., to a hearing before an Administrative Law Judge.

  4. Respondent agrees that all parties have complied with the procedural requirements of the APA and
    the Code.

  5. The Senior Deputy Director retains jurisdiction over the matters contained herein.

  6. On or about February 23, 2026, the Department of Insurance and Financial Services (DIFS) served
    Respondent with a Notice of Opportunity to Show Compliance (NOSC) alleging that Respondent committed conduct warranting disciplinary action against Respondent’s license and monetary penalties pursuant to Sections 1239 and 1244 of the Code, MCL 500.1239 and MCL 500.1244.

  7. Respondent admits to hiring and employing Alicia Jackson to take and pass an online proctored
    licensing exam on Respondent’s behalf, justifying sanctions under Sections 1239(1)(a), 1239(1)(g), and 1244 of the Code.

  8. Respondent agrees that, in lieu of further disciplinary action, Respondent’s license shall be revoked,
    effective immediately upon entry of the Consent Order.

  9. Both parties consent to entry of the Consent Order upon its approval by the Senior Deputy Director.
    3/19/2026

Named provisions

Order Accepting Stipulation Stipulation to Entry of Order

Source

Analysis generated by AI. Source diff and links are from the original.

Classification

Agency
State Banking
Filed
March 23rd, 2026
Instrument
Enforcement
Legal weight
Binding
Stage
Final
Change scope
Substantive
Document ID
Enforcement Case No. 26-18968

Who this affects

Applies to
Financial advisers
Industry sector
5241 Insurance
Activity scope
Insurance Licensing Fraud Prevention
Geographic scope
US-MI US-MI

Taxonomy

Primary area
Banking
Operational domain
Compliance
Topics
Insurance Fraud

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