comply with continuing education requirements.
AUSTIN—The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during January 2010. The actions include eight license revocations, two license denials or probations, and fines and restitution totaling $402,718. Copies of Geeslin’s orders may be obtained by contacting TDI’s Public Information Office.
ly issue title insurance policy or follow closing instructions.
Dallas-Fidelity National Title Agency Inc., Plano (10-0051, 1/20/2010) fined $19,500; failed to timely submit annual escrow audit report, escrow services performed by unlicensed escrow officer.
Leeta Howard Petro, Colfax, La. (10- 0036, 1/14/2010) general property and casualty license revoked; general life, accident and health license revoke, must pay restitution of $35,283; misappropriated or converted money belonging to an insurer or insured, engaged in fraudulent or dishonest acts or practices.
Final Disciplinary Orders Lyndol Anderson, Jr., Abilene ( order #10-0025, dated 1/11/2010) action taken: fined $1,500; violation: improper sale of unauthorized annuity contracts.
Diversified Specialty Risks Inc.; Kenneth R. Kovar, Houston and Cypress (10-0019, 1/11/2010) Diversified Specialty Risks, Inc. fined $7,500, Kenneth R. Kovar fined $2,500; unauthorized business of insurance.
Aaron Riddle, Cumberland, Md. (10- 0005, 1/5/2010) general property and casualty license revoked; felony criminal offense.
Tammy M. Russell, San Antonio (10- 0055, 1/27/2010) general property and casualty license revoked, must pay restitution; misappropriated or converted money belonging to an insurer or insured.
Tiffany Lashaye Binford, Fort Worth (10-0007, 1/5/2010) general life, accident and health license revoked; felony criminal offense.
Raymond Joseph Dohse, El Cajon, Calif. (10-0040, 1/15/2010) nonresident life, accident and health license revoked; felony criminal offense.
Jesus H. Bustillos Jr., El Paso (10- 0026, 1/11/2010) fined $1,500; failed to comply with continuing education requirements.
Equity Partners Insurance Services Inc.; Brian D. Silva, Slidell, La. (10- 0011, 1/6/2010) Equity Partners Insurance Services Inc. fined $7,000; Brian D. Silva fined $3,000; unauthorized business of insurance.
Specialty Risk Services, Plano (10- 0052, 1/20/2010) fined $12,000; failed to timely pay independent review fee after receipt of IRO invoice.
Ivan Andre Zaal, Collinsville (10- 0057, 1/27/2010) fined $10,000 with dollar-for-dollar offset for restitution paid up to $6,000; engaged in fraudulent or dishonest acts or practices.
Yazmin C. Cardena, El Paso (10- 0020, 1/11/2010) fined $1,450, must complete 15 hours of continuing education; failed to comply with continuing education requirements.
Chicago Title Ins. Co.-Austin, Austin (10-0034, 1/14/2010) fined $30,000; allowed attorneys to act as escrow officers without proper licenses.
Francis Duke Colley, Baytown (10- 0027, 1/11/2010) voluntary surrender of viatical and life settlement certificate; general life, accident and health license; and general property and casualty license; allowed improper use of TDI viatical and life settlement provider certificate in fraudulent investment scheme.
Continental Title, L.L.C. D/B/A Ameripoint Title Houston, Houston (10-0046, 1/19/2010) fined $7,400; failed to timely remit title insurance policy guarantee fees, failed to time-
Bruce E. Hammonds, San Antonio (10-0006, 1/5/2010) general life, accident and health license revoked; must pay restitution. felony criminal offense.
Richard Lee Howard, McKinney (10-0045, 1/19/2010) Cease and Desist order; must pay restitution of $197,535. Acted as an escrow officer without a proper license; unauthorized business of insurance.
Stacie Elise Minnifield Johnson, Plano (10-0038, 1/14/2010) insurance adjuster license revoked; must pay restitution. misappropriated or converted money belonging to an insurer or insured.
Liberty Mutual Ins. Co., of Boston, Mass. (10-0021, 1/11/2010) fined $65,800; failed to timely submit independent review requests to TDI.
Rae’an McDaniel, Plano (10-0047, 1/19/2010) fined $750; failed to
License Application Actions H.L. Kinney, Sugarland (10-0044, 1/19/2010) general life, accident and health agent license issued and placed on probation for two years; prior criminal activity.
Michael Christopher Wingard, Arlington (10-0037, 1/14/2010) general life, accident and health license issued and placed on probation for two years; criminal offense.
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.
THE INSURANCE RECORD • MARCH 11, 2010 3
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