OLYMPIA, Wash. – Edward J. Chadwick, of Yakima, pleaded guilty to first-degree theft in Spokane County Superior Court involving 24 insurance premium finance loans. Chadwick was ordered by the court to report to the Spokane County Jail by Oct. 1 to serve 30 days of confinement. He must also pay $600 in court fees and $847,795 in restitution to a Spokane premium finance company.
Charges against Chadwick were brought after an investigation by Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit (CIU).
Chadwick was an insurance producer and owned an…