Unlicensed corporation and two former insurance
agents issued C&Ds, Commissioner Donelon announces
Released: August 17, 2007
An Oklahoma based corporation and two former Louisiana insurance agents were issued
cease and desist orders today for allegedly soliciting insurance products to senior
citizens without a license.
Shop Right Corporation based in Edmond, Oklahoma was issued an order to cease and
desist from conducting insurance business in Louisiana, where it is not licensed.
Former Louisiana insurance agents, Ronnie Benton Smith, age 53, and Lee Eldon Tracy,
age 73, were also issued cease and desist orders for allegedly soliciting seniors
in Louisiana to join Shop Right.
Shop Right, through its Web site, allegedly solicited individuals to join its "Senior
Focus Group" by completing an application and submitting it to the company for approval.
Upon approval of the individual's application, the website materials insinuate,
the individual would then be eligible for an insurance product, among other things,
that was offered by insurance companies. Further, Shop Right allegedly offered monetary
incentives to individuals to procure applications from others to join the "Senior
Focus Group." Allegedly Smith and Tracy enticed others to complete applications
to join the "Senior Focus Group" to gain these monetary incentives.
Department records show that Smith held a Life & Health license from March 1990
through May 1996 and an Auto Club license from March 1994 through May 1995. Tracy
held a Life & Health license from January 1983 through May 2002 and a Property
& Casualty license from February 1983 through May 1985.
Commissioner Donelon urges consumers who feel uneasy about any insurance-related
transaction to call the Department of Insurance Fraud Section at 225-342-4956 or 1-800-259-5300. If callers don't want their names used, they can request that their
involvement be kept confidential.