Insurance Business, By Jen Frost, Feb. 21, 2023
In a rare turn of events, a law firm has been levelled with a cease and desist from the Louisiana Department of Insurance and faces an investigation over “fraudulent” hurricane claims.
“The size and scope of McClenny, Moseley & Associates’ illegal insurance scheme is like nothing I’ve seen before,” said Louisiana Commissioner of Insurance Jim Donelon.
“It’s rare for the department to issue regulatory actions against entities we don’t regulate, but in this case, the order is necessary to protect policyholders from the firm’s fraudulent insurance activity.”
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