Louisiana Department of Insurance Issues Regulatory Actions Against Four Agents

The Louisiana Department of Insurance (LDI) has issued a series of regulatory actions, including cease-and-desist orders, license suspensions, and a license revocation and fine, against four insurance producers.

Brandi Crawford was issued a Cease-and-Desist Order and License Suspension for allegedly collecting at least $4,152.64 in policyholder premiums that was not deposited with the insurer. LDI records show Crawford was issued an insurance producer license for Life, Accident and Health or Sickness, and Industrial Fire on Oct. 15, 2019.

Houston Thomas was issued a Cease-and-Desist Order and License Suspension for allegedly creating a fraudulent flood insurance policy declarations page and submitting the fraudulent document to a lender. LDI records show Thomas was issued an insurance producer license on Sept. 17, 2016.

Lucas King was issued a Cease-and-Desist Order and License Suspension for allegedly misappropriating over $7,000 in premiums. LDI records show King held a non-resident individual producer license in Louisiana effective May 31, 2019, until Aug. 30, 2022.

Wendy Fox-Breaux, an individual producer and owner of Fox Insurance Agency, was issued a License Revocation and $5,000 Fine Notice following several complaints. These alleged violations include collecting policyholder premiums that were not deposited with insurers and failing to return unearned commissions or premiums. LDI records show Fox-Breaux was issued a producer license on Nov. 18, 2019, and Fox Insurance Agency, LLC has been a producer agency since Feb. 20, 2013.

All producers listed above have 30 days from the time of service to request an administrative appeal or the actions will become final.

Source: LDI

Topics Agencies Legislation Louisiana