Brielle Schwartz filed for divorce one day after the U.S. Southern District Court in Indianapolis entered a $1.45 million default judgment against her husband.
According to federal court records, the New York Life Insurance Co. terminated its agent’s contract with Schwartz in March 2012, and shortly thereafter demanded Schwartz make good on a negative ledger balance with the company.
New York Life officials said the money owed was “compensation credited to Schwartz for policies which were rescinded, declined, not issued, canceled, surrendered, foreclosed, expired, or reduced and replaced with new policies.”
In the lawsuit, company officials said efforts to arrange a repayment schedule ended when Schwartz stopped returning phone calls in June 2012.
Valerie Kroeger, a spokeswoman for the Indiana Secretary of State’s office, confirmed Friday that the agency’s securities division has opened an investigation into Schwartz, but declined further comment. Dennis Rosebrough, a spokesman for the Indiana Department of Insurance, said Friday the agency has an open case investigation on Schwartz, but wasn’t able to provide additional details immediately.
An answering machine at the South Dixon Road office of Schwartz’ Kokomo office, RAS Associates, informed callers Friday that the office was “closed indefinitely” and didn’t mention any alternative number to call. A message left wasn’t immediately returned Friday.
Scott Smith can be reached at 765-454-8569 or at firstname.lastname@example.org.