September 2, 2010
TDI Announces July Enforcement Actions
AUSTIN - The Texas Department of Insurance today announced enforcement actions taken by Commissioner Mike Geeslin that became final during July 2010. The actions include five license revocations, two license denials and fines and restitution totaling $448,792. Copies of Geeslin’s orders may be obtained by contacting TDI’s Public Information Office.
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.
FINAL DISCIPLINARY ORDERSAllied North America Insurance Brokerage of Texas, LLC of Dallas
Order Number: 100628
Date of Order: 7/7/2010
Order Final In: July
Action Taken: Fined $1,000
Violation: Failed to timely file new or renewal surplus lines policies and related documents
Alvarez, Johnny Gloria of Corpus Christi
Order Number: 100632
Date of Order: 7/7/2010
Order Final In: July
Action Taken: General Life, Accident and Health License revoked
Violation: Felony criminal offenses -- indecency with a child, aggravated sexual assault of a child
Brace, Stephen Jeffrey of McKinney
Order Number: 100635
Date of Order: 7/9/2010
Order Final In: July
Action Taken: General Life, Accident and Health License revoked
Violation: Felony offense -- aggravated white collar crime; securites fraud
Gant, Ashlei Jean of Duncanville
Order Number: 100619
Date of Order: 7/1/2010
Order Final In: July
Action Taken: Fined $15,000; Escrow Officer License revoked; Must pay restitution of $178, 680
Violation: Misappropriated or converted money belonging to an insurer or insured; failed to properly close a transaction
Gray, Richard H. of Seguin
Order Number: 100631
Date of Order: 7/7/2010
Order Final In: July
Action Taken: General Life, Accident and Health License cancelled
Violation: Sold bonded life settlements when bonds were issued by an unlicensed and/or ineligible insurer
IMA of Colorado, Inc. of Denver, Colorado
Order Number: 100629
Date of Order: 7/7/2010
Order Final In: July
Action Taken: Fined $4,732
Violation: Failed to timely file new or renewal surplus lines policies and related documents
Liberty County Mutual Insurance Company of Boston, MA
Order Number: 100637
Date of Order: 7/9/2010
Order Final In: July
Action Taken: Must pay restitution to policyholders who were overcharged premiums
Violation: Charged rates inconsistent with rates filed with commissioner
Netco, Inc.; Netco, Inc. of Arlington, Texas dba Customer Service Team TCC; Netco, Inc. of Chicago, IL dba Netco, Inc., Customer Service Team 2, Customer Service Team Vantage Point and Midpoint Title of Arlington; Chicago, IL; Saint Charles, MO; Clearwater, FL; and Chandler, AZ
Order Number: 100630
Date of Order: 7/7/2010
Order Final In: July
Action Taken: Fined $75,000; Ordered to cease and desist from conducting business of insurance in Texas
Violation: Engaged in the business of insurance without a license; Allowed employees to act as escrow officers without a license
Pitts, D'Juana Lashun of DeSoto
Order Number: 100636
Date of Order: 7/9/2010
Order Final In: July
Action Taken: Fined $25,000; Ordered to cease and desist from acting as an escrow officer without a license; Must pay restitution of $48,000
Violation: Acted as an escrow officer without a proper license; Engaged in the unauthorized business of title insurance
Salmeron, Nelly Merali of Houston
Order Number: 100616
Date of Order: 7/1/2010
Order Final In: July
Action Taken: General Life, Accident, and Health License and General Property and Casualty License revoked; Must pay restitution of $16,380
Violation: Misappropriated or converted money belonging to an insurer or insured
Scor Global Life Re Insurance Company of Texas of Plano
Order Number: 100617
Date of Order: 7/1/2010
Order Final In: July
Action Taken: Fined $40,000
Violation: Failed to timely file 2007 independent audit report
Scor Global Life U.S. Re Insurance Company of Plano
Order Number: 100618
Date of Order: 7/1/2010
Order Final In: July
Action Taken: Fined $45,000
Violation: Failed to timely file independent audit report; Failed to comply with Commissioner's Order
Segura, Henry E. of Houston
Order Number: 100614
Date of Order: 7/1/2010
Order Final In: July
Action Taken: Qualified Inspector Appointment revoked
Violation: Failed to adequately respond to Department inquiries; Filed inspection reports that contained false statements
Southern County Mutual Insurance Company of Dallas
Order Number: 100656
Date of Order: 7/13/2010
Order Final In: July
Action Taken: Must pay restitution to policyholders for rating errors
Violation: Used underwriting guidelines inconsistent with those filed with Commissioner
LICENSE APPLICATIONS ACTIONS
Camacho, David of Goliad
Order Number: 100615
Date of Order: 7/1/2010
Order Final In: July
Action Taken: General Lines, Life, Accident and Health Agent License denied
Violation: Criminal offense -- theft
Ramirez, Veronica of Denton
Order Number: 100675
Date of Order: 7/23/2010
Order Final In: July
Action Taken: Application for County Mutual License denied
Violation: Criminal offense - theft
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Last updated: 09/02/2010
