New Orleans Area Agent Served With Civil Fine Notice and License Suspension

Released: April 29, 2009

A New Orleans area agent has been served with a civil fine notice and license suspension today for allegedly filing a fraudulent stolen vehicle claim with his insurer.

Robert Sheard, 60, was served by Department of Insurance Fraud Section Investigators today with a $1,000 civil fine notice and suspension of his license for six months, effective today. Sheard is alleged to have intentionally filed a fraudulent stolen vehicle claim with his vehicle’s insurer.

Department records show that Sheard held a Vehicle Physical Damage and Property license since August 1995 and a Casualty license since August 2005, until today’s action.

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 do not want their names used, they can request that their involvement be kept confidential.

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