Learn about the benefits of being able to read The News-Star on the go.
Insurance Commissioner Jim Donelon issued a Cease and Desist Order to a Monroe insurance producer.
Jerry Dool is accused of including false information on insurance applications, altering or forging names on checks and electronic transfer forms and receiving commissions based upon fraudulent applications.
Dool’s producer license has been revoked and he has been issued a fine of $4,500 based on these violations.
“Anytime a producer does not abide by the code of conduct set out by Title 22, it is a very serious matter,” said Insurance Commissioner Jim Donelon. “I urge any consumers who feel uneasy about any insurance-related transaction to call the LDI Division of Fraud and Enforcement. All callers can request that their involvement be kept confidential.”
Dool has 30 days from the time of service to request an administrative appeal or the above actions will become final.
Individuals or businesses with information regarding this case or other insurance-related activities are encouraged to report these matters to the Louisiana Department of Insurance Division of Fraud and Enforcement by calling 225-342-4956 or 1-800-259-5300.
A full copy of the Cease and Desist Order is available on the Louisiana Department of Insurance website.
Read or Share this story: https://www.thenewsstar.com/story/news/2020/08/31/state-issues-cease-desist-order-monroe-insurance-producer/3451008001/