Kolbe & Kolbe Millwork, Co. v. Manson Insurance Agency, Inc.

OPINION AND ORDER

WILLIAM M. CONLEY, District Judge.

For years, Manson Insurance Agency sold insurance throughout Wisconsin on behalf of national insurers, including The Travelers Indemnity Company and St. Paul Fire & Marine Insurance Company. Manson also collected premium payments and distributed rebate checks for national insurers, in an arrangement known as “agency billing.” Unfortunately, mediating these financial transactions between clients and insurers created an opportunity for Manson executives to embezzle, and embezzle they did — ultimately diverting several million dollars to their…