Archived File - for Reference Use
This file is historical in nature. Links and contact information may be outdated and no longer valid.
Website Survey
February 28, 2007
TDI Announces January Enforcement Actions
AUSTIN - The Texas Department of Insurance today announced enforcement actions taken by Commissioner Mike Geeslin that became final during January.
The actions include nine license revocations, two license denials and fines and restitution totaling $887,707. 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.
TEXAS DEPARTMENT OF INSURANCE
FINAL DISCIPLINARY ORDERS JANUARY 2007
Allan, Amber Kay of Corpus Christi Order Number: 070022 Date of Order: 1/8/2007 Order Final In: January Action Taken: $2,250 fine Violation: Failed to comply with continuing education requirements
Amann, John G. of Houston Order Number: 070067 Date of Order: 1/26/2007 Order Final In: January Action Taken: $15,000 fine subject to a dollar-for-dollar reduction by restitution to $5,000; Probated suspension of General Life, Accident and Health License Violation: Acted as an agent for unauthorized entities
American Bank, N.A. of Corpus Christi Order Number: 070037 Date of Order: 1/10/2007 Order Final In: January Action Taken: $2,800 fine Violation: Failed to timely remit an annual operations report and assessment fee
American International Companies of New York, NY Order Number: 070023 Date of Order: 1/8/2007 Order Final In: January Action Taken: $500,000 fine Violation: Failed to timely file compliant quarterly market reports; Failed to timely file compliant financial call and statistical plan data
Amex Assurance Company, IDS Property Casualty Insurance Company of De Pere, WI Order Number: 070025 Date of Order: 1/8/2007 Order Final In: January Action Taken: $20,000 fine Violation: Allegedly failed to properly notify consumers regarding adverse effect based on credit report
Beaumont Title Company of Beaumont Order Number: 070024 Date of Order: 1/8/2007 Order Final In: January Action Taken: $10,900 fine Violation: Failed to timely provide an annual trust fund account audit report
Best Life and Health Insurance Company of Irvine, CA Order Number: 070068 Date of Order: 1/26/2007 Order Final In: January Action Taken: $5,000 fine Violation: Failed to timely make available to policyholders a standard health benefit plan
Cowan, Robert D of Colleyville Order Number: 070019 Date of Order: 1/8/2007 Order Final In: January Action Taken: $65,000 fine subject to a dollar-for-dollar reduction by restitution to $30,000 Violation: Acted as an agent for unauthorized entities
Cross, Rodney Paul of Amarillo Order Number: 070021 Date of Order: 1/8/2007 Order Final In: January Action Taken: General Property and Casualty License issued and placed on probation for two years Violation: Criminal conduct
First Strategic Title, Incorporated of Wichita Falls Order Number: 070069 Date of Order: 1/26/2007 Order Final In: January Action Taken: $2,000 fine Violation: Failed to timely remit title insurance policy guaranty fees
Garcia, Lisa Michele of San Benito Order Number: 070036 Date of Order: 1/10/2007 Order Final In: January Action Taken: General Life, Accident and Health License revoked Violation: Engaged in fraudulent or dishonest acts or practices; Attempted to obtain a license by fraud or misrepresentation
Henrietta Abstract Company of Henrietta Order Number: 070070 Date of Order: 1/26/2007 Order Final In: January Action Taken: $2,500 fine Violation: Failed to timely remit title insurance policy guaranty fees
K&S Group, Incorporated of Rockwall Order Number: 070071 Date of Order: 1/26/2007 Order Final In: January Action Taken: $2,900 fine Violation: Failed to timely remit an annual operations report and assessment fee
Kemper Lloyds Insurance Company of Dallas Order Number: 070082 Date of Order: 1/31/2007 Order Final In: January Action Taken: Issue refunds of excessive charges Violation: Charged excessive surcharges on renewal
Kennedy, Johnny Mike of Dallas Order Number: 070013 Date of Order: 1/8/2007 Order Final In: January Action Taken: General Life, Accident and Health License and General Property and Casualty License revoked Violation: Engaged in fraudulent or dishonest acts or practices; Misappropriated or converted money belonging to an insurer or insured
Lazorwitz, Louis Michael of Houston Order Number: 070015 Date of Order: 1/8/2007 Order Final In: January Action Taken: General Life, Accident and Health License revoked Violation: Engaged in fraudulent or dishonest acts or practices; Felony conviction
Lopez, David Hurtado of Corpus Christi Order Number: 070018 Date of Order: 1/8/2007 Order Final In: January Action Taken: $71,570 restitution; General Life, Accident and Health License revoked Violation: Engaged in fraudulent or dishonest acts or practices; Misappropriated or converted money belonging to an insurer or insured
Martinez, Jesse Vasquez of Sweetwater Order Number: 070016 Date of Order: 1/8/2007 Order Final In: January Action Taken: General Life, Accident and Health License revoked Violation: Engaged in fraudulent or dishonest acts or practices; Misappropriated or converted money belonging to an insurer or insured
Meritplan Insurance Company of Irvine, California Order Number: 070026 Date of Order: 1/8/2007 Order Final In: January Action Taken: $12,500 fine Violation: Non-compliant rate filing; Improper charges and surcharges
Narvaez, Alba Mariela of Dallas Order Number: 070007 Date of Order: 1/8/2007 Order Final In: January Action Taken: Limited Lines Agent License denied Violation: Made a material misrepresentation on a license application
Passport Premium Finance Corporation of Denton Order Number: 070027 Date of Order: 1/8/2007 Order Final In: January Action Taken: $2,800 fine Violation: Failed to timely remit an annual operations report and assesment fee
Pratt, James N. of Carrollton Order Number: 070038 Date of Order: 1/10/2007 Order Final In: January Action Taken: General Life, Accident and Health License and General Property and Casualty License revoked Violation: Engaged in fraudulent or dishonest acts or practices; Unauthorized insurance
Russell-Surles Title, Inc. of Baird Order Number: 070004 Date of Order: 1/4/2007 Order Final In: January Action Taken: $10,000 fine Violation: Failed to timely remit title insurance policy guaranty fees; Used unlicensed escrow officer
Safeco Lloyds Insurance Company of Richardson Order Number: 070046 Date of Order: 1/24/2007 Order Final In: January Action Taken: $20,000 fine Violation: Charged rates in excess of approved rates; Offered discounts after governing statute was repealed
Saunders, Robert Phillip Sr. of Beaumont Order Number: 070020 Date of Order: 1/8/2007 Order Final In: January Action Taken: $7,500 fine subject to a dollar-for-dollar reduction by restitution to $5,000; Insurance Adjuster License granted Violation: Engaged in fraudulent or dishonest acts or practices
Saxon, Mary Lee of New Braunfels Order Number: 070073 Date of Order: 1/26/2007 Order Final In: January Action Taken: $1,523 restitution; Insurance Adjuster License revoked Violation: Misappropriated or converted money belonging to an insurer or insured; Engaged in fraudulent or dishonest acts or practices
Smith, Don E.; M&D Bonding, (Inc) of Carrollton Order Number: 070014 Date of Order: 1/8/2007 Order Final In: January Action Taken: $124,464 restitution; General Property and Casualty License of Don E. Smith and General Lines Agency License of M&D Bonding, Inc revoked Violation: Misappropriated or converted money belonging to an insurer or insured
Thompson, Julius Lavon of McKinney Order Number: 070072 Date of Order: 1/26/2007 Order Final In: January Action Taken: $5,000 fine Violation: Acted as a fee attorney and failed to use bona fide employees as escrow officers
Trevino, Olga of Kyle Order Number: 070028 Date of Order: 1/8/2007 Order Final In: January Action Taken: $1,500 fine Violation: Failed to comply with continuing education requirements
Wooley, John Earl of Arlington Order Number: 070017 Date of Order: 1/8/2007 Order Final In: January Action Taken: Adjuster License revoked; General Property and Casualty License application denied Violation: Made a material misrepresentation on a license application; Criminal conduct
Yates, Rodda; Rodda Yates and Associates Insurance Agency and Mortgage, L.P. of San Antonio Order Number: 070044 Date of Order: 1/22/2007 Order Final In: January Action Taken: $2,500 fine; General Life, Accident and Health License granted Violation: Allegedly committed an act for which a license may be denied; Allowed non-licensed employees to conduct the business of insurance
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Last updated: 02/28/2007
Archived File - for Reference Use
This file is historical in nature. Links and contact information may be outdated and no longer valid.
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