Louisiana Department of Insurance issues Cease and Desist Orders to American Trade Association, its companion companies and personnel
Louisiana Department of Insurance Fraud Section Investigators served American Trade Association, its 13 companion companies and 14 personnel with cease and desist orders by certified or registered mail on June 7, 2010, for selling unauthorized insurance in Louisiana.
Fraud Section Investigators served cease and desist orders to American Trade Association, Inc. (an Indiana corporation); American Trade Association, Inc. (a Tennessee corporation); Smart Data Solutions, LLC; Real Benefits Association; Serve America Assurance, Ltd.; Beema-Pakistan Company, Ltd.; Healthcare America; Integrated Health Plan, Inc.; National Association of Business Leadership, LLC and/or Inc.; Benefit Plan Administration; Insurance Resource Group; CEO Clubs, Inc. (and CEO Club Benefits); Star Group U.K., Ltd., aka Phoenix Insurance Company; Association for Independent Managers (AIM Health Plans, Inc.); Bart S. Posey; Angie Posey; Obed W. Kirkpatrick, Sr.; Linda Kirkpatrick; Richard H. Bachman; Kristy Wright; Colin J. Youell; David L. Clark; William M. Worthy, II; Ryan Adams; Tina Bennett; James Sean; Patrick Collins and Phillip Sylverin.
All entities and individuals mentioned above must cease and desist from engaging in or transacting unauthorized insurance business, soliciting, offering, issuing, mailing or delivering any Louisiana resident a plan, policy, coverage, certificate, or any other contract which purports to provide insurance benefits or medical discounts for health benefits.
All entities and individuals issued a cease and desist order have 30 days of receipt of the C&D to furnish the Department with a complete listing of all Louisiana residents and businesses that purchased any insurance or discount plan product from them and report to the Department all premiums received in connection. They are also ordered to notify any affected Louisiana customers of the C&D and issue an immediate refund of any monies or premiums held on behalf of the customers.
If any of those served fail to comply with the cease and desist order, further administrative action may be taken. If they continue to act in derogation of the laws of the state of Louisiana, they may be subject to an injunctive order and additional sanctions from the appropriate state district court.
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.