Insurance Journal, By Jim Sams, Aug. 15, 2022
The Texas Department of Insurance says a public adjusting firm that was sanctioned last month by Louisiana regulators has pocketed more than $300,000 in insurer payouts intended for Texas property owners.
TDI is asking the Texas State Office of Administrative Hearings to revoke the public adjuster license issued to Andrew Joseph Mitchell and order him to pay restitution to his victims. The department says Mitchell forged the signatures of property owners on checks from insurance companies in order to deposit their payout checks into his own bank account.
The department’s petition to SOAH lists seven victims, identified only by their initials, and alleges total losses of $335,082.56.