A Vidalia Insurance Agent Issued Cease and Desist Order, License Revocation and Fine Notice

Released: April 7, 2009

A Vidalia life insurance agent has been issued a cease and desist order, license revocation and fine notice today for alleged misappropriation of insurance premiums.

William Christopher Jackson, 38, was served by Department of Insurance Fraud Section Investigators today with an order to cease and desist from conducting the business of insurance in Louisiana, revocation of his license and a $3,000 fine notice for allegedly failing to remit to an insurance company $3,061.70 in premiums he collected between September and November 2008. A bond on deposit in the amount of $1,622.65, including interest was applied to the outstanding balance owed the company, leaving Jackson indebted for the sum of $1,419.23.

Department records show that Jackson was issued an Industrial Fire license and a Home Service license in February 2007, both of which were valid 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.