misappropriation of insurance premium News

Florida DFS Posts Latest Enforcement Actions Against Agents, Adjusters

Florida’s Department of Financial Services has posted its enforcement actions for much of the last half of 2024, listing 12 insurance agents and 43 adjusters who were penalized, suspended, or had their licenses revoked or voluntarily surrendered them. From June …

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 …

Mississippi Issues Cease and Desist Order to Agency Accused of Misappropriating Premiums

Investigators from the Mississippi Insurance Department have issued a Cease and Desist Order to LaDonna Carlisle Lightsey and the Carlisle Agency, LLC operating in Waynesboro, Miss. Lightsey is a nonresident insurance producer and is also the owner/operator of the Carlisle …

Louisiana Alleges Insurance Agency Owner Pocketed Premiums

An East Baton Rouge Parish insurance agency owner recently was served by Louisiana Department of Insurance Fraud Division investigators with a summary suspension and a cease and desist order for alleged misappropriation of insurance premium funds. Weldon Jerome Campbell, a …