The Louisiana Department of Insurance has issued a cease and desist order and summary suspension of producers license to a Lake Charles, La., agent for alleged misappropriation of premium funds.
Valerie M. Muse reportedly confessed to her employer that she had misappropriated insurance premium and issued falsified certificates of insurance to customers.
Muse has 30 days from the time of service to request an administrative appeal or the above actions will become final.
Was this article valuable?
Here are more articles you may enjoy.
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
‘Structural Shift’ Occurring in California Surplus Lines 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
