Unlicensed Shreveport Agency Employee Issued C&D and Fine Notice

Released: September 17, 2009

An insurance agency employee in Shreveport has been issued a cease and desist order and fine notice for acting as an agent without a license.

Valarie Pouncy, 33, was served with a C&D and $1,000 fine notice by Department of Insurance Fraud Section Investigators on September 14 for allegedly acting as an agent without a license.

It is alleged that while working in an insurance agency, Pouncy solicited, produced and quoted rates to insurance consumers without a license.

Department records show that Pouncy has never held a license to conduct the business of insurance.

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.