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West Monroe Agent Issued Cease and Desist Order, Summary Suspension Order, and Fine Notice

Released: 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, a summary 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 contract.

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.

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