cease and desist order News

Louisiana Insurance Agents Get C&D Orders for Alleged Misappropriated Premiums

Two St. Martin Parish, Louisiana, insurance producers have been hit with Cease and Desist Orders and fines for allegedly misappropriating premium funds, Louisiana Department of Insurance (LDI) reported. The department said Tasey Ann Tolliver-Alexander is alleged to have misappropriated insurance …

Louisiana Says Agent Took Premiums but Didn’t Place Insurance

A Lafayette Parish, Louisiana, insurance producer has been issued a cease and desist order, a license revocation, summary suspension and a fine for allegedly misappropriating premium funds, according to the Louisiana Department of Insurance (LDI). Matthew Sias, a property/casualty producer …

Louisiana Insurance Producer Accused of Forgery, Fraud

A Monroe, La., insurance producer has been served with a cease and desist order alleging various unauthorized actions including false information on insurance applications, altering or forging names on checks and electronic transfer forms, and receiving commissions based upon fraudulent …

Louisiana Tells Former Producer’s Insurance Agency to ‘Cease and Desist’

A Louisiana insurance agency that state insurance regulators say enabled a former insurance producer to transact insurance business without a license has been issued a Cease and Desist order. Insurance Commissioner Jim Donelon issued the C&D order to Bennett Seymour …

Unlicensed Louisiana Insurance Producer Told to ‘Cease and Desist’

A Louisiana man who insurance regulators say continued to transact insurance business after having had his state insurance licensed revoked has been issued a cease and desist order by Insurance Commissioner Jim Donelon. The Louisiana Department of Insurance reported that …

Louisiana Insurance Commissioner, State Farm at Odds Over Hurricane Deductibles

Louisiana Insurance Commissioner James Donelon has issued a cease and desist order against State Farm in a dispute over hurricane deductibles before Hurricane Barry. The state Department of Insurance received a complaint July 17 from a policyholder who claimed the …

Louisiana to United HealthCare: Insurance Producer Commissions Must Be Paid

Louisiana Insurance Commissioner Jim Donelon says United HealthCare Services Inc. and/or UnitedHealthcare Insurance Co., its subsidiaries and affiliates (collectively, “United”) can’t proceed with its intention to stop paying producer commissions on renewals of certain group health insurance products. Donelon issued …

Massachusetts Medical Marijuana Site Ordered Closed After State Inspection

State regulators have ordered a medical marijuana dispensary in Acton, Mass., to close its doors temporarily. The Cannabis Control Commission announced on Twitter on Friday that it had issued a cease-and-desist order against Massachusetts Wellspring. Patients were directed to the …

Mississippi Insurance Producer Surrenders License After Cease & Desist Order

A Mississippi insurance producer has surrendered his licensed after being served a cease and desist order by the Mississippi Insurance Department. According to a statement from MID, James Michael Brand surrendered his insurance producer’s license on June 22. The license …

Mississippi Agent Accused of Not Forwarding Premiums to Insurers

A cease and desist order has been issued to a Mississippi insurance agent accused of failing to forward premiums to the respective insurance companies. The Mississippi Insurance Department said Friday that it had issued the order against James Michael Brand, …