A longtime Atlanta-area insurance agent has been indicted and arrested after allegedly keeping premium payments and issuing fake certificates of insurance.
Charles Curtis Poteet IV, of Duluth, Georgia, was indicted in late May by a Gwinnett County grand j
ury, and was recently found and arrested in Texas, according to court records and local news reports.
Atlanta News First reported that authorities began investigating after the news outlet reported c
omplaints from business owners in 2023. Three people said that Poteet had collected premiums for a number of commercial policies, but had never secured coverage, the news site reported.
Court records indicate that Poteet now faces insurance fraud charges from his alleged actions in 2017, 2021, 2022 and 2023. The Georgia Office of Insurance Commissi
oner's verification webpage shows that Poteet was initially granted a property/casualty producer license in 20
08 but his license became inactive in April of this year. Poteet & Poteet in Norcross is the name of the agency.
He had been appointed with 48 insurance companies, including three major national carriers. But
all appointments had been terminated or had become inactive by this year.
The fake certificates of insurance were for workers' compensation, general liability, automobile and umbrella insurance policies, ANF reported.
A phone number listed for Poteet was no longer in service as of Sunday.
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Vantage Group Holdings Ltd., the Bermuda-based specialty re/insurer, announced it has been suc
cessfully acquired by Howard Hughes Holdings Inc. (HHH) for approximately $2.1 billion.
The all-cash acquisition of Vantage anchors HHH’s strategy to transform itself into a d
iversified holding company, similar to Warren Buffett's (now Greg Abel's) Berkshire Hathaway.
The deal, which was first announced in December 2025, closed after receiving all required regulatory approvals.
“Founded in 2020, Vantage has scaled into a next-generation leading specialty warranty and re
warranty, offering a diversified portfolio of global P/C products supported by modern infrast
ructure and advanced analytics,” according to statements from Vantage and HHH.
Vantage was purchased by Howard Hughes Insurance Holdings, a wholly owned subsidiary of
HHH, from the company's original investors, private equity firms Carlyle Group and Hellman & Friedman.
