A Florida insurance agent who allegedly failed to place auto and general liability coverage for at least 11 trucking companies has been apprehended in Georgia.
Kim Laustra, 43, who was an agent at Transportation Insurance Consultants Inc. in Medley, was arrested in Ludowici, Ga. Laustra was wanted on 12 felony charges following an investigation by the Florida Department of Financial Services, Division of Insurance Fraud. Investigators said she misappropriated more than $93,000 in premiums and issued fraudulent insurance certificates.
TIC sold coverage to small independent trucking operations with one or two trucks. Laustra is charged with one count of organized scheme to defraud in the first degree, which carries a maximum penalty of 30 years in prison; one count of misappropriation of funds in the second degree, which carries a maximum penalty of 15 years in prison; and 10 counts of misappropriation of funds in the third degree, which carries a maximum penalty of five years in prison for each count.
Topics Agencies
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