GONZALES PRODUCER SHUT DOWN

June 6, 2005

The Louisiana Department of Insurance reported that Mary Jo Guillot St. Amant, a Gonzales, La., insurance producer, surrendered her insurance licenses after she was arrested on charges that included misappropriation of insurance premium payments.

St. Amant, 38, president and 100 percent owner of Ascension Insurance Agency LLC, was arrested by the State Police Fraud Unit and booked into the Ascension Parish Jail. St. Amant is alleged to have violated the Louisiana Insurance Code by failing to timely remit premium owed and engaging in dishonest practices in the conduct of business.

DOI records show that St. Amant held personal life/health and property/casualty insurance licenses from Oct. 28, 2003, until the current action.