State, Department of Commerce, Division of Insurance v. Interocean Risk Systems, Inc.

*711OPINION

After a hearing before the Department of Commerce, Division of Insurance (“Insurance Division”), the respondents, Inter-ocean Risk Systems, Inc. (“Interocean”), Michael Eisenstadt, Kevin Urbine, Robert Urbine, L.T.A. Insurance Brokers, Inc. (“L.T.A.”), Silverado Aviation and Marine, Inc. (“Silverado”), and Unified Assurance and Casualty Company (“Unified”), who were not licensed to sell aviation insurance in Nevada, were fined and ordered to cease and desist the unauthorized sale of insurance. On judicial review, the district court vacated the assessment of fines, determining that the…