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Regulators Revoke License of O.C. Broker

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The state Department of Insurance revoked the license of an Orange County insurance broker who allegedly had more complaints filed against him than any other agent in California, regulators said. The action means that insurance broker Fred Kiasi, who runs E-Z Insurance Brokerage of Orange, will have just 29 more days to legally operate his business. A source in the Insurance Department, speaking on condition of anonymity, said that during the last three years, 80 complaints have been made against Kiasi. Reached at his office, Kiasi said the ruling came as a surprise and that he had not heard of the decision from the state.

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