A Slidell, La. insurance agent was charged on numerous counts of theft and misappropriation. According to acting Louisiana Insurance Commissioner Robert Wooley, Nathaniel Durant, was arrested at his home in Slidell by the State Police Fraud Unit and booked into the Parish Prison on 6 counts of felony theft, 6 counts of misappropriation of insurance premiums, and 1 count of writing NSF checks. Department of Insurance fraud investigators issued a summary suspension of Durant’s insurance license along with an order that he cease and desist conducting any insurance business operations. The DOI said Durant is president and 50 percent owner of the Durant Insurance Agency Inc. He has been licensed to sell life/health and property/casualty insurance since 1987. The arrest was the latest in an extended series of investigations carried out across the state by the DOI and the State Police Insurance Fraud Unit. People who purchased insurance from Durant should contact the insurance company listed on their insurance papers as soon as possible to verify their coverage. For more information, call the DOI at (800) 259-5300 or (225) 342-5900.
Topics Agencies
Was this article valuable?
Here are more articles you may enjoy.
Oil Trader CFOs Say Hormuz Closure Driving Wave of Disputes 
AI for the Defense: Should Insurers or Law Firms Pay? 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
Business Interruption Claims Arising From the Middle East Conflict From This Issue
