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INSURANCE

From Times Staff and Wire Reports

Insurance Agent Denies Wrongdoing: Anthony J. Amaradio, a Prudential Insurance agent in Irvine, denied in an interview that he had engaged in misrepresentation while selling policies to customers for his previous employer, Equitable Assurance Society. Asked if he had told customers they were making investments instead of buying insurance, Amaradio said, “absolutely, 100% no.” The Times reported Thursday that the National Assn. of Securities Dealers fined Equitable $1.5 million, in part for failing to supervise Amaradio.


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