Louisiana Agent Accused of Premium Theft, Unfair Trade Practices

September 25, 2009

A Scott, La., area insurance agent has been arrested, issued a cease and desist order, summary suspension of his license and fine notice for alleged misappropriation of premiums and unfair trade practices.

Carmen Miller, 53, with The Miller Agency, was arrested by the Louisiana State Police Insurance Fraud/Auto Theft Squad on one count of unfair trade practices, and served by Department of Insurance Fraud Section Investigators with an order to cease and desist from engaging in the business of insurance, a summary suspension notice and a $1,500 fine notice.

Miller is alleged to have collected premiums from insurance consumers which he did not remit to the insurance company in full.

Department records show that Miller was issued Property & Casualty and Vehicle Physical Damage Licenses in December 1982 which were valid until being summarily suspended with the current action. These licenses will be permanently revoked in 30 days unless he requests a hearing with the Department. Records also show he held an Accident & Health License from November 1979 through April 2008.

Source: Louisiana Department of Insurance

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