November 18, 2009
Opelousas bail bond agent and his agency were issued fine notices
today for allegedly allowing bail bonds
agency while its license was lapsed.
Larry Joseph Zerangue, 62, was served by Department of Insurance
Fraud Section Investigators today with an $8,800 fine notice
for allegedly allowing bail bond agents to issue 44 bonds totaling
$523,000 between April 30, 2007 and July 25, 2008, during
which time the license
of his agency, Zerangue’s Bail Bond’s, was lapsed.
Fraud Section Investigators also issued an $8,800 fine notice to
The bail bond agents who wrote the bail bonds during this time
were all licensed with the Department.
Department records show that Zerangue was issued a Bail Bond
license in April 2004 which is valid through April 2011.
Records show that
Zerangue’s Bail Bonds, Inc. was issued a Bail Bond license
in July 1999, which lapsed between April 2007 and July 2008. The
license was reinstated by the Department and is now valid until
April 2011. Both licenses will be summarily suspended in 30 days
fines are not paid, and would then remain suspended until the fines
are paid. Zerangue also has 30 days to request a hearing with the
Department to seek reversal of this decision.
Commissioner Donelon urges consumers who feel uneasy about
any insurance related transaction to call the Department
at 225-342-4956 or 1-800-259-5300. If callers do not want
their names used, they can request that their involvement