A former Louisiana insurance producer in Tangipahoa Parish was arrested and issued a cease and desist order for allegedly misappropriating insurance funds, Commissioner of Insurance Robert Wooley announced.
Department of Insurance Fraud Unit investigators served Joshuah C. Murphy with a C&D order at the time he was arrested by the State Police Insurance Fraud Unit. Murphy was arrested on 21 counts of misappropriation of insurance premiums and one count of felony theft. The C&D states that he collected close to $3,000 in premiums, which he never submitted to the insurance carrier.
DOI records show that Murphy received both property/casualty and life/health insurance licenses in September 2002. His P/C license expired in May 2003 and his L/H license expired in May 2004. Department records list his address as 19415 Hilton Crowe Rd, Franklinton, but his current residence is reported to be 32127 Range, Denham Springs.
Wooley urges consumers who feel uneasy about any insurance-related transaction to call the Department of Insurance Fraud Unit at (225) 342-4956. If callers don’t want their names used, they can request that their involvement be kept confidential.
Was this article valuable?
Here are more articles you may enjoy.