Four Former Tennessee Insurance Producers Face Fines, License Revocation
NASHVILLE – The Tennessee Department of Commerce and Insurance (TDCI) announces disciplinary actions including fines against four former Tennessee insurance producers who violated various provisions of Tennessee law.
Former insurance producers Dillion R. Shaw, Darius Marquette Jones, David Russell Jackson, and Jeanette N. Carey have been ordered to pay civil penalties totaling $13,000 as a result of their violations of law. Additionally, their insurance producer licenses have been revoked.
The sanctions were the result of the work of TDCI’s Insurance Fraud Investigations team and the Department’s Office of General Counsel who ensure the protection of Tennesseans by holding accountable insurance producers who are engaged in unlawful activity.
“The Department takes very seriously all complaints against our insurance licensees. We recognize that the business of insurance can be complicated and that Tennesseans rely on their insurance agents for honest and accurate advice,” said Michael Humphreys, TDCI Assistant Commissioner for Insurance. “Tennessee consumers expect that when they make premium payments, those payments will go toward coverage that protects themselves and their valuables, not to the personal benefit of their insurance agents.”
Tennesseans are encouraged to visit the Department’s website where they can review disciplinary actions and access license verification. Details of the cases include:
Dillion R. Shaw (Nashville): Following a hearing on March 22, 2016, an Administrative Law Judge issued an Initial Order on October 3, 2016, which became a Final Order on October 18, 2016. The Order revoked Shaw’s producer license and assessed a civil penalty of $2,000. Shaw was found to have acted dishonestly and incompetently and was not trustworthy in the conduct of insurance business for failing to issue a policy and misleading a customer on numerous occasions by stating the policy was in place.
Darius Marquette Jones (Memphis): As a result of a hearing held on August 15, 2016, an Administrative Law Judge issued an Initial Order on December 15, 2016, which became a Final Order on December 30, 2016. The Order revoked Jones’s Tennessee insurance producer license and issued a $3,000 civil penalty. Jones was found to have demonstrated untrustworthiness and financial irresponsibility after misappropriating $4,070.86 in cash premium payments due to his employer in the course of doing insurance business. Jones repaid the misappropriated funds.
David Russell Jackson (Clarksville): As a result of a hearing held on September 9, 2016, an Administrative Law Judge issued an Initial Order on October 4, 2016, which became a Final Order on October 19, 2016. The Order revoked Jackson’s Tennessee insurance producer license and assessed a $5,000 civil penalty. Jackson was found to have been convicted of felony mail fraud in the conduct of his insurance business. The judge further found that such practices were fraudulent and dishonest and in violation of the laws of the Commissioner.
Jeanette N. Carey (Lynchburg, VA): On February 8, 2017, an Administrative Law Judge issued an Initial Order as a result of a hearing on January 12, 2017. The order became final on February 23, 2017. The order revoked Carey’s producer license and assessed a civil penalty of $3,000 for violating the laws of the Commissioner and admitting to insurance fraud and the use of fraudulent or deceptive practices in the conduct of insurance business.
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