A New Orleans area insurance agent has been served with a civil fine notice and license suspension for allegedly filing a fraudulent stolen vehicle claim with his insurer, the Louisiana Department of Insurance reported.
Robert Sheard, 60, was served by Department of Insurance Fraud Section Investigators with a $1,000 civil fine notice and suspension of his license for six months, effective today. Sheard is alleged to have intentionally filed a fraudulent stolen vehicle claim with his vehicle’s insurer.
Department records show that Sheard held a Vehicle Physical Damage and Property license since August 1995 and a Casualty license since August 2005, until the current action.
Source: Louisiana Department of Insurance, www.ldi.state.la. us
Was this article valuable?
Here are more articles you may enjoy.
Monkeys Escape From Overturned Truck on Mississippi Highway 
France Makes New Arrests in Louvre Heist; Jewels Still Not Found 
Insurers Begin Restricting Privacy Coverage in Response to Evolving Risk 
Truck Driver in Fatal Crash Repeatedly Failed Driving Tests, Florida AG’s Office Says 
