Texas Adjusting Company Ordered To Cease And Desist In Louisiana (KATC )

Texas Adjusting Company Ordered To Cease And Desist In Louisiana

  Monday, August 1st, 2022 Source: KATC

State insurance officials have issued a cease and desist order to an adjuster and his agency.

Investigators from the Office of Insurance Fraud and Enforcement at the Louisiana Department of Insurance (LDI) issued non-resident public adjuster Kade Austen Mitchell and his agency a cease-and-desist order and notice of summary suspension on July 22, 2022, for improperly withholding, misappropriating, or converting funds received in the course of doing business.

Mitchell Adjusting International, LLC is alleged to have fraudulently endorsed checks totaling $150,000 from an insurance company. Mitchell, who is listed as the designated responsible party for the firm, also allegedly failed to remit the funds to the insured.

On a separate occasion, Mitchell allegedly withheld an insurance claim payment from a policyholder in the amount of $117,441.43. The checks were supposed to go to a church in New Orleans and a homeowner in Des Allemands, the order states.

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