Georgia Department of Insurance First Quarter Administrative Actions

Staff Report From Georgia CEO

Thursday, May 2nd, 2019

In the first quarter of 2019, the Department of Insurance has taken administrative action against 12 licensees for violating the provisions of the Georgia Insurance Code (O.C.G.A. § 33-1-1 et seq.).

“We offer this information to alert insurers, agencies, agents, and members of the public to changes in licensees’ status. Having an insurance license is a privilege in Georgia, not a right. This should serve as a reminder that those acting outside of the parameters of acceptable professional conduct can have that privilege taken away by the Department,” said Insurance Commissioner Jim Beck.

The Georgia Department of Insurance encourages all consumers to check to see if agencies and
agents have the correct licenses to sell insurance in Georgia.

Administrative Licensing Actions Taken from January 1, 2019, through March 31, 2019:

- Michael Brad Yates, Resident Agent License Number 482539

License renewed by Consent Order effective January 1, 2019, to address an indictment notification
issue.

- Yeni Hernandez, Resident Agent License No. 712807

License revoked effective January 3, 2019, for failing to provide an affidavit verifying lawful presence in the United States

- Nichole Geanette Durrant, Resident Agent License No. 3049855

Consent Order entered into with Agent on January 30, 2019, to address improper qualification of two
insurance applicants.

- Courtney Bankston Harp, Resident Agent License Number 2973040

Consent Order entered into with Agent on February 11, 2019, to address an insurance document
signature issue.

- Lanier Settlements, LLC; Life Settlement Provider License No. 194790

License revoked effective February 25, 2019, as a result of company becoming disqualified for licensure.

- Jodie Ann LaMarre, Non-Resident Agent License No. 555464

License revoked effective March 4, 2019, for failing to provide notice of FINRA action.

- William Quincy Murphy, III; Resident Agent License Number 698555

License revoked effective March 4, 2019, as a result of Agent’s conversion of insurance premiums.

- David Sylvon Victor, Non-Resident Agent License No. 3143491

License revoked effective March 4, 2019, following a discovery that Agent falsified information on his
initial license application and failed to report other states’ administrative actions.

- Walter Craig Crecelius, Non-Resident Agent License No. 3122966

License revoked effective March 18, 2019, as a result of this Agent’s failure to report an arrest and
provide documentation related thereto.

- Laura Kathleen Slay, Resident Agent License No. 825384

License revoked effective March 18, 2019, following Agent’s sentence under the First Offender Act for
multiple felonies and failure to provide notice of same.

- Paul Marshall, Resident Agent License No. 411250

License revoked effective March 19, 2019, following Agent’s conviction for wire fraud for converting
close to $3 million from elderly investors.

- Kristina Marie Palmer, Non-Resident Agent License No. 3039687

Consent Order entered into with Agent on March 29, 2019, addressing an insurance document signature issue.