TDI Lists June Enforcement Actions

The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during June.

The actions include two license revocations, three license denials and fines and restitution totaling $46,500. Copies of Geeslin’s orders may be obtained by contacting TDI’s Public Information Office.

Only final orders are listed. An order imposing disciplinary measures becomes final 20 days after the agent or insurance company has received notice of the order unless a motion for rehearing is filed within that period. A motion for rehearing stays the finality of an order until the Commissioner of Insurance acts upon the motion or upon the operation of law.

Commissioner’s orders are subject to appeal to state district court.

Following are the final disciplinary orders for June 2005:

Bennett, Sherrill of Round Rock
Order Number: 050582
Date of Order: 6/28/2005
Order Final In: June
Action Taken: Limited Lines License application denied
Violation: Engaged in fraudulent or dishonest acts or practices; Deferred adjudication for a felony offense

Boiles, Jadey Wayne of Watauga
Order Number: 050538
Date of Order: 6/16/2005
Order Final In: June
Action Taken: $7,098 in restitution; General Property and Casualty License and County Mutual License revoked
Violation: Misappropriated or converted money belonging to an insurer or insured; Engaged in fraudulent or dishonest acts or practices

Carr, Lana Watson of Arlington
Order Number: 050540
Date of Order: 6/16/2005
Order Final In: June
Action Taken: Escrow Officer’s License application denied
Violation: Engaged in fraudulent or dishonest practices; Engaged in criminal conduct; Made a material misrepresentation on a license application

Carson, Kevin Kit of Royse City
Order Number: 050587
Date of Order: 6/29/2005
Order Final In: June
Action Taken: $3,000 fine; Must complete 8 hours of continuing education in ethics
Violation: Misappropriated or converted money belonging to an insurer or insured; Engaged in fraudulent or dishonest acts or practices

Grand Title Company, LLC of Rockwall
Order Number: 050595
Date of Order: 6/29/2005
Order Final In: June
Action Taken: $15,000 fine; Cease and Desist order
Violation: Made a material misrepresentation on a license application; Failed to submit guaranty fees; Failed to maintain an office in the county in which it is duly licensed

Insurance Placement Services, Inc. of Bloomington, Ill.
Order Number: 050596
Date of Order: 6/29/2005
Order Final In: June
Action Taken: $7,500 fine; Complete 10 hours of continuing education
Violation: Failed to timely submit renewal application

Jackson, Leslie Lamone of Arlington
Order Number: 050584
Date of Order: 6/28/2005
Order Final In: June
Action Taken: Limited Lines License revoked; $12,902 restitution
Violation: Misappropriated or converted money belonging to an insurer or insured; Materially misrepresented terms and conditions of an insurance policy; Engaged in unfair and deceptive acts or practices; Improperly paid commissions to an unlicensed individual for services as an insurance agent

Martin, Christopher Chad of Denton
Order Number: 050583
Date of Order: 6/28/2005
Order Final In: June
Action Taken: General Life, Accident and Health License denied
Violation: Felony conviction

Reyna, Soyla of Houston
Order Number: 050527
Date of Order: 6/15/2005
Order Final In: June
Action Taken: $1,000 fine; Complete 30 hours continuing education
Violation: Failed to comply with continuing education requirements