cease and desist order News

2 Louisiana Insurance Agents Fined, Suspended in Separate Actions

Two Louisiana insurance producers have been issued cease and desist orders, summary suspensions, fines and notices of license revocations, state insurance regulators said. The Louisiana Department of Insurance (LDI) fraud division investigators served insurance agent Leslie Claire Trahan of Opelousas …

Louisiana Accuses Alabama Agency, Owner of Fraudulent Marketing, Submissions

The Louisiana Department of Insurance (LDI) has issued a cease and desist order to a Birmingham, Ala., insurance agency, Senior Care Services LLC, alleging the company uses false or misrepresentative facts and information such as submitting fraudulent applications for insurance …

Iowa Orders Hole in Won, Affiliates to Stop Insurance Business in State

The Iowa Insurance Division has ordered Hole in Won LLC, Kevin Kolenda, Hole In Won.com, Hole in Won.com Worldwide, Golf Marketing Worldwide, Compliance HIW, and Amanda Penrose (respondents) to cease and desist acting as an insurer or insurance producer in …

Louisiana Agent’s License Suspended for Misappropriation, False Insurance Certificates

A Lake Charles, Louisiana, insurance producer has been issued a cease and desist order and had her license suspended amid an investigation into misappropriation of insurance premiums and the issuing of false insurance certificates to customers. The Louisiana Department of …

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 …