RELEASE: Arthur E. Lee, Jr dba Above All Bail Bonds Ordered to Cease and Desist
Posted on Aug 3, 2017 in News ReleasesDEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS
Insurance Division
DAVID Y. IGE
GOVERNOR
CATHERINE P. AWAKUNI COLóN
DIRECTOR
GORDON I. ITO
INSURANCE COMMISSIONER
FOR IMMEDIATE RELEASE
August 3, 2017
ARTHUR E. LEE, JR dba ABOVE ALL BAIL BONDS ORDERED TO CEASE AND DESIST
Associated Entity Also Known as Above All Bail Bond, LLC dba Above All Bail Bond
HONOLULU – The Department of Commerce and Consumer Affairs’ Insurance Commissioner Gordon Ito has ordered licensees Arthur E. Lee, Jr. dba Above All Bail Bonds, and Above All Bail Bond, LLC dba Above All Bail Bond to immediately cease and desist doing business as a bail bondsman and bail agency pending a hearing in October.
The preliminary order also imposes fines of $60,000 against Arthur E. Lee, Jr. and $25,000 against Above All Bail Bond, LLC. According to the order, Lee and his bail agency employed fraudulent and dishonest practices, and demonstrated untrustworthiness in the conduct of their business.
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The Hawaii Insurance Division oversees the Hawaii insurance industry, issues licenses; examines the fiscal condition of Hawaii-based companies; reviews rate and policy filings; and investigates insurance related complaints.
Media Contact:
William Nhieu
Communications Officer
Department of Commerce and Consumer Affairs
Email: [email protected]
Office: (808) 586-7582