A Florida agent has been tried and convicted of stealing more than $1 million in premium payments from his clients. He is sentenced to seven years in prison and restitution of $1.3 million. A carrier made a complaint to the insurance department that the agent had stolen premiums from two clients and used the funds for personal gain. He was arrested for fraud on those charges, and two years later faced similar charges when an insured suspected that $95,000 intended for an annuity payment had been stolen and filed a complaint with the department. After his seven years is up, he faces three years of supervised probation, and is barred from working in the insurance industry.