The Commissioner of the Indiana Department of Insurance v. Jeffrey A. Schumaker

Brown, Judge.

[1] The Commissioner (the "Commissioner") for the Indiana Department of *13 Insurance (the "Department") appeals the trial court's order vacating its decision to not renew Jeffrey A. Schumaker's insurance producer license. We affirm.

Facts and Procedural History

[2] Schumaker has held an insurance producer license since 1990 and concentrates his business in life, health, disability, and Medicare supplement insurance. He also held a license with the Financial Industry Regulatory Authority ("FINRA") permitting him to sell securities. In 2011, Mr. Schumaker experienced financial…