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  • Report:  #1001230

Complaint Review: The Assurance Group - 27370 North Carolina

Reported By:
anonymous - , , USA
Submitted:
Updated:

The Assurance Group
5035 Prospect st. Archdale, nc 27370, 27370 North Carolina, United States of America
Phone:
336-474-2333
Web:
Categories:
Tell us has your experience with this business or person been good? What's this?
Having found this website to alert people to bad business practices, I thought I would write concerning these 2 companies. I worked for both for several years combined time. The Assurance Group is a real joke! As you can see from the pattern of complaints for several years they all basically say the same thing. They will steal your money! After making a few calls and some research I found that The Assurance Group is in several lawsuits from former agents. I followed the links from one of the posts on here to see that is true.  

Now I find out that The Financial Market Place has joined forces with The Assurance Group (not sure when). A couple of the people I spoke with had received emails that said Ed Shackelford was in charge of all past and future commissions! I could not believe that. Mr. Myrick could not stand Ed Shackelford after working for him for several years and getting burned by him.

That is why he started his own company. Before Mr. Myrick passed away I never had any trouble getting paid. Now I cant get my money that is owed or a response to why.  Some of the former agents for The Financial Market Place cant get a response from Algie Myrick, Terri Matthews or their secretary Tammy. From what I heard the clients were sold to The Assurance Group.  Once again my hard work for clients has been turned over to Ed Shackelford who holds all commissions and reports.

I have made several calls to both the Insurance Commissioner and CMS. I received an email from CMS on the guidelines on agent pay from Medicare Advantage plans. CMS wants a full report from me for both companies.

The guidelines are clear as to the amount and timing of payments to agents. It also says that the agent owns the right to contact the customer not the brokers (so the agent owns the business they write). It also says that the contracted companies through CMS like United health Care, Humana, Secure Horizons and so on have the responsibility to monitor agencies with ANY complaints which they have not done. I will send them the report that I am sending CMS and the Insurance Commissioner.  I have contacted the attorneys in the links from a previous story on Rip Off and am awaiting response on what they need from me.

I guess its true what they say, Birds of a feather flock together! Its funny how greed of money changes people and pulls crooks together. Do yourself a favor. If you get a call from a company in Archdale
named The Assurance Group, hang up!



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