Former La. Insurance Agency Employee Accused of Misappropriating Premiums
Louisiana Department of Insurance Fraud Unit investigators served a former insurance agency employee with a cease and desist order barring her from working in the insurance business in the state, Insurance Commissioner Robert Wooley announced.
Investigators served Susan Poston, 27, of 603 Watson Drive, Natchitoches, with a C&D order that states, in part, that Poston kept premium payments taken from customers and forged signatures on applications for insurance.
In a related action, DOI fraud investigators served Danny Tullos Robertson, 58, a licensed insurance producer in Natchitoches, with notice of a $500 fine for allowing Poston to solicit, negotiate and effect policies of insurance while working for him, even though she did not have an insurance license and therefore lacked the knowledge, training and experience to properly serve the public in that capacity.
- Insurers Get Green Light to Pay Less Than Billed Charges in Florida PIP Cases
- Warren Buffett’s PacifiCorp Now Faces $30 Billion Fire Claim Demand
- Chubb CEO Greenberg: Some Financial Lines Underwriting Practices ‘Simply Dumb’
- Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination