Louisiana Agent Accused of Misappropriating Premiums

July 15, 2009

A Baker, La., insurance agent has been served with a cease and desist order, notice of license revocation and $1,500 fine notice for alleged misappropriation of premiums.

Patikii Je Gibbs (a.k.a. Patikii Gibbs Powell), 55, allegedly misappropriated $1,837 in insurance premiums. Her bond was applied to this amount, leaving $1,309 that she still owes the company.

Advertisement

Louisiana Department of Insurance records show that Gibbs held an Industrial Fire license from June 2008 through April 2009. She was also issued a Home Service license in June 2008 which was valid until the current action.

Source: Louisiana Department of Insurance