TDI Notes July Enforcement Actions Taken by Geeslin

The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during July.

The actions include seven license revocations, one license denials and fines and restitution totaling $335,375. Copies of Geeslin’s orders may be obtained by contacting TDI’s Public Information Office.

Only final orders are listed. An order imposing disciplinary measures becomes final 20 days after the agent or insurance company has received notice of the order unless a motion for rehearing is filed within that period. A motion for rehearing stays the finality of an order until the Commissioner of Insurance acts upon the motion or upon the operation of law.

Commissioner’s orders are subject to appeal to state district court.

TDI final disciplinary orders for July 2005 are as follows:
Ahmed, Rafat of Houston
Order Number: 050643
Date of Order: 7/22/2005
Order Final In: July
Action Taken: $700 fine; 15 hours continuing education
Violation: Failed to comply with continuing education requirements.

American National Insurance Company of Galveston
Order Number: 050624
Date of Order: 7/13/2005
Order Final In: July
Action Taken: $30,000 fine subject to a dollar-for-dollar reduction by restitution to $9,325
Violation: Engaged in claims practices which limited benefits for reconstructive breast surgery.

Avemco Insurance Company of Frederick MD
Order Number: 050644
Date of Order: 7/22/2005
Order Final In: July
Action Taken: $5,000 fine
Violation: Utilized a commission structure regarding small employer health insurance business which calculated commissions based upon a percentage of standardized premium rates rather than actual premiums charged.

Bankers Fidelity Life Insurance Company of Atlanta GA
Order Number: 050621
Date of Order: 7/13/2005
Order Final In: July
Action Taken: $15,000 fine
Violation: Failed to timely amend Medicare Supplement policy forms in compliance with federal and state laws.

Bladt, David Michael of League City
Order Number: 050650
Date of Order: 7/22/2005
Order Final In: July
Action Taken: General Life, Accident and Health License revoked
Violation: Failed to comply with Commissioner’s order.

Caridi, Richard of Houston
Order Number: 050673
Date of Order: 7/28/2005
Order Final In: July
Action Taken: Probated suspension of General Life Accident and Health License; Prohibited from soliciting or selling to individuals over the age of 60
Violation: Engaged in fraudulent or dishonest acts or practices.

Current, Samuel Corey of Porter
Order Number: 050647
Date of Order: 7/22/2005
Order Final In: July
Action Taken: General Life, Accident and Health License revoked
Violation: Engaged in fraudulent or dishonest acts or practices; Misappropriated or converted money belonging to an insurer or insured.

Dourgarian, Albert Gene of Argyle
Order Number: 050632
Date of Order: 7/15/2005
Order Final In: July
Action Taken: $750 fine; 15 hours continuing education
Violation: Failed to comply with continuing education requirements.

Elliott & Waldron Abstract Company of Columbus
Order Number: 050625
Date of Order: 7/13/2005
Order Final In: July
Action Taken: $25,000 fine
Violation: Failed to timely file required reports; Failed to timely respond to requests for information from TDI; Failed to maintain required records and accounting records.

Files, Walter Randall of Houston
Order Number: 050619
Date of Order: 7/13/2005
Order Final In: July
Action Taken: $1,500 fine
Violation: Failed to comply with continuing education requirements.

Fullerton’s Roofing, Inc. of Tulsa OK
Order Number: 050626
Date of Order: 7/13/2005
Order Final In: July
Action Taken: $7,500 fine
Violation: Acted as a public insurance adjuster without holding a license or certificate.

Gardner, Sheena Marie of Dallas
Order Number: 050641
Date of Order: 7/19/2005
Order Final In: July
Action Taken: General Property and Casualty license denied
Violation: Engaged in fraudulent or dishonest acts or practices; Engaged in criminal conduct involving dishonesty directly related to licensed occupation.

Hanna, James W. of Pipe Creek
Order Number: 050667
Date of Order: 7/28/2005
Order Final In: July
Action Taken: $140,000 fine subject to a dollar-for-dollar reduction by restitution to $25,000
Violation: Acted as an agent for unauthorized entities.

Hulsey, Frank S. of Colleyville
Order Number: 050646
Date of Order: 7/22/2005
Order Final In: July
Action Taken: General Life, Accident, Health and HMO License revoked
Violation: Unlawfully engaged in the business of insurance; Acted as an agent for unauthorized entities; Engaged in fraudulent or dishonest acts or practices.

Jones, Michelle Marie of Arlington
Order Number: 050633
Date of Order: 7/15/2005
Order Final In: July
Action Taken: $80,561 restitution; Limited Lines License revoked
Violation: Engaged in fraudulent or dishonest acts or practices; Misappropriated or converted money belonging to an insurer or insured.

Nationwide Appraisal and Title Services, Inc. of Dallas
Order Number: 050675
Date of Order: 7/29/2005
Order Final In: July
Action Taken: $1,000 fine
Violation: Failed to timely remit title insurance policy guaranty fees.

New Land National Title, Inc. of Pantego
Order Number: 050611
Date of Order: 7/6/2005
Order Final In: July
Action Taken: Title Insurance Agent License revoked
Violation: Engaged in fraudulent or dishonest acts or practices; Misappropriated or converted money belonging to an insurer or insured; Materially misrepresented terms and conditions of an insurance policy.

Premier Resources of Angola IN
Order Number: 050674
Date of Order: 7/28/2005
Order Final In: July
Action Taken: $5,000 fine; Ordered to pay valid claims; Cease and Desist
Violation: Staff leasing company engaged in unauthorized insurance.

Robinson, Vincent Raynard of Fort Worth
Order Number: 050649
Date of Order: 7/22/2005
Order Final In: July
Action Taken: General Life, Accident and Health License and General Property and Casualty License revoked; Restitution
Violation: Engaged in fraudulent or dishonest acts or practices; Misappropriated or converted money belonging to an insurer or insured.

Rogers, Charlotte Dawn of Austin
Order Number: 050645
Date of Order: 7/22/2005
Order Final In: July
Action Taken: $600 fine; Complete 30 hours continuing education
Violation: Failed to comply with continuing education requirements.

Ronquillo, Rene Augustine of Garland
Order Number: 050648
Date of Order: 7/22/2005
Order Final In: July
Action Taken: $750 fine; One Year suspension; Complete 15 hours continuing education
Violation: Failed to comply with continuing education requirements.

Serrette Betts, Genevieve of Ada OK
Order Number: 050618
Date of Order: 7/13/2005
Order Final In: July
Action Taken: $1,500 fine; 15 hours continuing education
Violation: Failed to comply with continuing education requirements.

Silvestain, Dan of Houston
Order Number: 050620
Date of Order: 7/13/2005
Order Final In: July
Action Taken: $500 fine; Complete 15 hours continuing education
Violation: Failed to comply with continuing education requirements.

Williams, Ronnie Dees of Desoto
Order Number: 050609
Date of Order: 7/5/2005
Order Final In: July
Action Taken: $10,014 restitution; General Property and Casualty License and General Life, Accident and Health License revoked
Violation: Engaged in fraudulent or dishonest acts or practices; Misappropriated or converted money belonging to an insurer or insured.

Zurich American Insurance Company of Schaumbert IL
Order Number: 050639
Date of Order: 7/19/2005
Order Final In: July
Action Taken: $10,000 fine
Violation: Failed to timely respond to requests for information from TDI; Failed to provide experience rating data.