Arrest made in insurance caseSt. Petersburg Times 11-22-02 Michael E. Rock, 33, of Orlando was arrested on charges of soliciting thousands of Florida doctors to purchase fraudulent medical malpractice insurance. Rock is being charged with grand theft, organized fraud and unlawful transaction of insurance in his sale of insurance through Embassy Bonding and Surety Ltd. Embassy is a New Zealand company with an office in Illinois; it does not have a certificate to sell insurance in Florida. Department of Insurance investigators said Rock solicited nearly 10,000 doctors and received payments from several doctors of more than $150,000 for coverage. The Department of Insurance also has ordered a second entity, Physicians Exchange Association, to stop soliciting business in the state. Rock could not be reached for comment.
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