The Louisiana Department of Insurance has issued a cease and desist order and summary suspension of producers license to a Lake Charles, La., agent for alleged misappropriation of premium funds.
Valerie M. Muse reportedly confessed to her employer that she had misappropriated insurance premium and issued falsified certificates of insurance to customers.
Muse has 30 days from the time of service to request an administrative appeal or the above actions will become final.
Was this article valuable?
Here are more articles you may enjoy.
Farmers to Pay $2.8M to Settle TPCA Class Action Lawsuit 
Premiums Will Skyrocket by 2035; Discounts Not Enough for Wind Mit, Studies Say 
El Niño Likely Strongest in 75 Years, US Forecasters Say 
CSU Lowers Atlantic Hurricane Forecast to ‘Well Below Normal’ 
