Released: January 21, 2009

A Gretna insurance agent has been issued a cease and desist order, notice of license revocation and fine today for misappropriation of premiums and felony theft.

Nancy Marie Coleman, 35, was served today by Department of Insurance Fraud Section Investigators with a cease and desist order, notice of license revocation and a $2,000 fine for misappropriation. Coleman was arrested by the Gretna Police Department in May 2008 and pled guilty to felony theft charges. She is currently serving a 5 year probationary period.

Coleman admitted she failed to remit insurance premiums to the company and that she wrote agency checks to her personal account.

Department records show that Coleman was issued a Property & Casualty license in November 2001, which was 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.