Car Rental Company Ordered to Cease & Desist from Selling Insurance
- June 04, 2020
Encino couple ordered to stop selling insurance products since they and their company are unlicensed
LOS ANGELES, Calif. — The California Department of Insurance issued a Cease and Desist Order against unlicensed van rental company, Airport Van Rental, Inc. and its owners, Yazdan Irani, 57, of Encino, and his wife, Kimberly, 61, for operating a rental agency without a license and selling insurance-related products to the public.
Airport Van Rental, Inc., acting as a rental car agency, rents vehicles, including passenger vans, mini vans, and automobiles. The company is currently selling insurance-related products without proper licensing via Sonoran National Group (Sonoran Insurance) and the coverage is purchased on behalf of Airport Van Rental’s customers through National Specialty Insurance Company.
An investigation by the Department of Insurance found that in 2007, Yazdan Irani applied with the department for a license to act as a Resident Insurance Producer, but his application was withdrawn after he failed to respond to inquiries about his criminal background.
The Iranis applied for a Business Entity license for Airport Van Rental in 2015 and 2018, but failed to disclose Yazdan’s criminal background each time.
The order was served at the Iranis' place of business located in Los Angeles on May 29, 2020. It states that they are to immediately Cease and Desist the solicitation, marketing, sale, and issuance of any contracts, policies, or certificates of insurance in California. The Iranis have seven days to request a hearing and face a possible fine of $5,000 per day if they continue to operate.