Monroe Agent Issued Cease and Desist Order, Summary Suspension Order,
and Fine Notice
July 6, 2010
A West Monroe agent was served by Department of Insurance Fraud Section
Investigators today with a cease and desist order, a summary suspension
order and fine notice for alleged misappropriation and misrepresentation.
Michael Ryan Evans,
26, was served by the Department of Insurance Fraud Section Investigators
today with a cease and desist order,
suspension order, and a $3350.00 fine notice. Evans was also arrested
today by the Louisiana State Police Insurance Fraud/Auto theft Unit.
Evans allegedly misappropriated or otherwise failed to remit or failed
to timely remit premiums collected while working as a commissioned
agent prior to and including 2010. Evans is alleged to have misappropriated
or unlawfully withheld sums totaling approximately $12,884.74 and also
falsely and fraudulently misrepresented the terms of the insurance
Department records show that Evans held a Property license effective
1/6/06, valid through 4/30/11 and a Casualty license effective 1/6/06,
valid through 4/30/11, until both licenses were summarily suspended
today. Additionally, Evans previously held Vehicle Physical Damage
license effective 1/6/06-04/30/09, a Life license effective 10/13/05-
4/30/10 and an Accident and Health license effective 10/13/05 -4/30/10.
Evans has 30 days from the time of notice to file a written demand
for an administrative hearing to contest the regulatory action taken
against him by the Department 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.