Cease and Desist Order Issued for Louisiana Agent for Alleged Premium Theft

The Louisiana Department of Insurance has issued a cease and desist order and summary suspension of producers license to a Lake Charles, La., agent for alleged misappropriation of premium funds.

Valerie M. Muse reportedly confessed to her employer that she had misappropriated insurance premium and issued falsified certificates of insurance to customers.

Muse has 30 days from the time of service to request an administrative appeal or the above actions will become final.