A New Orleans/Metairie, La., insurance agent was issued a cease and desist order and summary suspension of her license by the Louisiana Department of Insurance for alleged misappropriation of insurance funds.
Quiana Natosha Jones was served by the department’s Fraud Section Investigators with the papers suspending her right to engage in the business of insurance. The suspension was effective immediately.
The action stemmed from a review of customer payment account transactions which revealed two instances in which, allegedly, Jones illegally and without authorization applied funds meant for two customer policies to her own personal insurance policy.
Jones held a license to sell life/annuity insurance from July 2003 until the current action.
Source: Louisiana Department of Insurance
Realist says: 
Gill Fin says: 
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
