August 6, 2013 by Canadian Underwriter
The Financial Services Commission of Ontario (FSCO) has advised consumers that Kevin Kolenda and Hole-in-WON (Hole-in-WON.com) are not licensed to do insurance business in the province.
“FSCO has been informed that Mr. Kolenda and Hole-in-WON are soliciting and providing prize or award insurance coverage for golf contests and events in Ontario,” the regulator said. “The fee or premium charged by Mr. Kolenda and the company would be paid by planners and organizers of golf tournaments and other events.”
FSCO also said that Kolenda and Hole-in-WON have been the subject of fraud and felony charges for selling unlicensed insurance in the state of Washington. “Previously, cease-and-desist orders from the states of Washington and North Carolina were issued against Mr. Kolenda and the company,” it said.
The Hole-in-WON website lists two phone numbers: 203-831-0600 and 203-831-0642, as well as an email address: “vp@hole-in-WON.com”.
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