Default Judgment and Order Re: Aiden Jacob Wallbridge

STATE OF VERMONT
DEPARTMENT OF FINANCIAL REGULATION
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IN RE: AIDEN JACOB WALLBRIDGE ) DOCKET NO. 26-005-I VT LICENSE # 3002993882 ) NPN # 20992475 ) DEFAULT JUDGMENT AND ORDER
I. FINDINGS OF FACT

1. Respondent Aiden Jacob Wallbridge, also known by the aliases or former
   names of Timony Douglas Durham and Timony James Rynkiewicz, (“Respondent”) holds Vermont non-resident insurance producer license # 3002993882.
2. License # 3002993882 was initially issued on March 11, 2024 and expires
   on March 31, 2027.
3. Respondent’s resident state is Wisconsin.
4. On September 12, 2025, the California Insurance Commissioner issued an
   order revoking Respondent’s California non-resident insurance producer license, effective 30 days after issuance of the order, due to a misdemeanor conviction Respondent received in Wisconsin and Respondent’s failure to report the conviction as well as the underlying criminal complaint to the California Department of Insurance.
5. On or around September 18, 2025, Respondent voluntarily surrendered his
   Wisconsin resident insurance agent license.
6. As of March 11 2026, Respondent had not reported to the Commissioner
   the administrative action taken against Respondent in California. Docusign Envelope ID: 22BA9737-117D-884F-82E8-A6B3E785AC40

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7. On March 11, 2026, the Insurance Division served upon Respondent the
Petition for Revocation of License (“Petition”) and Notice of Right to Request Hearing (“Notice”) filed in the above-captioned matter.
8. As of the effective date of this Default Judgment and Order, more than 30
days after service of the Petition and Notice, no answer, request for a hearing, or other defense to the Petition has been received from Respondent.
9. More than 10 days have passed since the Insurance Division filed a motion
for default judgment in the above-captioned matter and served the motion on Respondent.
II. CONCLUSIONS OF LAW
10. Because Respondent’s Wisconsin resident insurance agent license was
voluntarily surrendered, causing Respondent to lose good standing in Respondent’s resident state, revocation of Respondent’s Vermont non-resident insurance producer license is authorized pursuant to 8 V.S.A. § 4804(a)(2).
11. Because California revoked Respondent’s non-resident insurance producer
license, revocation of Respondent’s Vermont non-resident insurance producer license is authorized pursuant to 8 V.S.A. § 4804(a)(10).
12. Because Respondent failed to timely report to the Commissioner the
administrative actions taken against Respondent by California, Respondent violated 8 V.S.A. § 4813o and the Commissioner is authorized to revoke Respondent’s Vermont non-resident insurance producer license pursuant to 8 V.S.A. § 4804(a)(3).
13. Because no answer, request for a hearing, or other defense to the Petition
has been received from Respondent, and as more than 10 days have passed since the Insurance Division filed a motion for default judgment, the allegations contained in the Docusign Envelope ID: 22BA9737-117D-884F-82E8-A6B3E785AC40

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Petition are treated as proven and a default judgment may be entered in the above￾captioned matter pursuant to Sections 1.04(H) and (V) of the Vermont Department of Financial Regulation Administrative Procedures.
III. ORDER
14. Based on the findings of fact and conclusions of law set forth above, a
default judgment is entered against Respondent, and it is hereby ordered that the non￾resident insurance producer license # 3002993882 of Respondent Aiden Jacob Wallbridge, also known by the aliases or former names of Timony Douglas Durham and Timony James Rynkiewicz, is revoked, effective immediately.
IV. RIGHT TO APPEAL
15. This Default Judgment and Order exhausts all administrative remedies
available within the Vermont Department of Financial Regulation. Respondent may appeal this Default Judgment and Order to the Vermont Supreme Court by filing a notice of appeal with the Vermont Department of Financial Regulation Docket Clerk and the Vermont Supreme Court within 30 days after the date of this Default Judgment and Order, in accordance with 8 V.S.A. § 16, 3 V.S.A. § 815, and the Vermont Rules of Appellate Procedure. Dated at Montpelier, Vermont this 27th day of May 2026 By: ________________________________ Kaj Samsom Commissioner of Financial Regulation Vermont Department of Financial Regulation Docusign Envelope ID: 22BA9737-117D-884F-82E8-A6B3E785AC40