Attorney General to Investigate Hole-In-One Insurer

golf hole with ballOne of the joys of playing in a golf tournament is lining up your shot for the hole-in-one prize.  With the shiny new car parked by the tee box, you ignore your previous slices, hooks and duffs and briefly believe that you can make the shot and drive off with the new car, or with an oversized check, Happy Gilmore-style.  However, even if you make the shot, your greatest challenge – collecting the prize – may lie in front of you.

As reported by the Hartford Courant, the Connecticut Department of Insurance fined Hole-in-Won Worldwide and Golf Marketing Worldwide $5.9 million for illegally operating an unlicensed insurance business.  The businesses, operated by Kevin Kolenda, allegedly failed to pay for holes-in-one at the 2007 Travelers Championship and a 2008 tournament in Trumbull.  Now Kolenda and his companies face an investigation by Connecticut Attorney General Richard Blumenthal, who will look into possible violations of the Connecticut Unfair Trade Practices Act.  Blumenthal believes that an unfair trade practices action might provide a better chance of restitution than the hefty fine levied by the Department of Insurance.

Kolenda, whose companies have been fined in Washington and Massachusetts, denies the most recent allegations.  However, according to this 2005 article from the San Diego Union Tribune, Kolenda and his companies are no strangers to controversy. 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: