– Louisiana Department of Insurance issues cease and desist orders against two officers



March 31, 2022

The Louisiana Department of Insurance (LDI) recently issued cease and desist orders and license suspensions against two insurance producers for violations of the Louisiana Insurance Code.

On March 11, the LDI issued a cease and desist order and license suspension to Kim Marie Holmes for alleged insurance fraud. Holmes was served with a warrant for his arrest in Ascension Parish on March 3 and charged with insurance fraud for attempting to defraud an insurance company of more than $15,900.

An investigation by the Louisiana State Police found that Holmes made material misrepresentations in his renters insurance policy after Hurricane Ida by grossly inflating the price of damaged-claimed items or never purchasing damaged-claimed items from listed locations. claim. State police also noted that Holmes’s apartment complex never received any reported damage to the building in which he lived.

“Providing fictitious information to an insurance company for personal gain is a clear indication that Ms. Holmes cannot be trusted to conduct insurance business,” said Insurance Commissioner Jim Donelon. “I took this action to protect our state’s consumers from being involved in the industry.”

See the full regulatory action here.

On March 21, the LDI issued a cease and desist order and license suspension to Andrea R. Ceballos for alleged theft of property. Ceballos was arrested in Arkansas and charged with stealing approximately $13,000 from the insurance agency where she worked as a producer. Although she is an Arkansas resident and producer, Ceballos held a non-resident license in Louisiana.

See the full regulatory action here.

The producers listed above have 30 days from the time of service to request an administrative appeal or the actions will become final.

Commissioner Donelon urges consumers who are uncomfortable with any insurance-related transaction to call LDI’s Division of Insurance Fraud at 225-342-4956 or 1-800-259-5300. If callers do not want their names used, they can request that their participation be kept confidential.

About the Louisiana Department of Insurance: The Louisiana Department of Insurance works to improve competition in the state’s insurance market while helping individuals and businesses with the information and resources they need to be informed insurance consumers. As a regulator, LDI enforces the laws that provide a fair and stable market and ensures that insurers comply with applicable laws to protect policyholders. You can contact LDI by calling 1-800-259-5300 or visiting www.ldi.la.gov.

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