Louisiana Agent Accused of Misappropriating Premiums

July 15, 2009

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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.

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

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Latest Comments

  • July 15, 2009 at 1:12 am
    Ray Margeson says:
    Seems as if Louisiana holds the records for the most crooked insurance agents captured. Wonder if they just have better investigative forces there - or are there just more of... read more
  • July 15, 2009 at 1:12 am
    Realist says:
    Sounds like an affirmative action agent
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