Released: May 21, 2007

A New Orleans/Metairie insurance agent was issued a cease and desist order and summary suspension of her license this morning for alleged misappropriation of insurance funds.

Quiana Natosha Jones, 28, was served by Department of Insurance Fraud Section Investigators with the papers suspending her right to engage in the business of insurance. The suspension, served at her residence in New Orleans, was effective immediately.

The Department of Insurance action stemmed from a review of customer payment account transactions which revealed two instances in which, allegedly, Jones illegally and without authorization applied funds meant for two customer policies to her own personal insurance policy.

Department records show that Jones held a license to sell life and annuity insurance from July 2003 until today's action.

Commissioner Donelon urges consumers who have any questions regarding policies Jones sold or serviced to call the Department of Insurance Fraud Section at 225-342-4956 or 1-800-259-5300. If callers don’t want their names used, they can request that their involvement be kept confidential.

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