Former La. Insurance Agent Arrested on Fraud Charges

March 29, 2007

The Louisiana State Police Insurance Fraud and Auto Theft Unit announced the arrest of a former Iberia Parish insurance agent on charges of Insurance Fraud and Forgery.

Troopers believe David Sampy, 43, of Sugarhill Drive in New Iberia, altered the insurance applications of four Terrebonne Parish School Board employees during the 2004-2005 school year. Each person’s application allegedly had been altered by Sampy to increase the previously agreed upon premium amount, thereby increasing his commission. In one instance, Sampy forged the client’s initials to changes without the client’s knowledge or consent, the LSP said.

Sampy had been a licensed Louisiana producer until October 2006 when the Louisiana Department of Insurance issued a Cease and Desist Order ordering him to stop conducting business.

Sampy was arrested and transported to the Terrebonne Parish Jail where he was booked on four counts of Insurance Fraud and one count of Forgery. His bond was set at $100,000.00.

Source: Louisiana State Police

Latest Comments

  • March 30, 2007 at 2:22 am
    Mary B. says:
    Show me one person in that state that isn\'t corrupt, regardless of their profession.
  • March 29, 2007 at 1:17 am
    TXGuru says:
    ...or has anyone else noticed how frequently agents in LA are being arrested? I don\'t think anyone can go back through the last 2 years of IJ issues and show me a single week... read more
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