Federal authorities say 20 South Texas residents have been convicted for their roles in a scheme to defraud the American Family Life Insurance Co.
Day: September 11, 2011
Louisiana Insurance Consultant Charged With Double Dipping – Denies Conflict of Interest
Between 2006 and 2010, the timespan reflected in the charges, Fontenot, as a hired consultant, advised the parish committee on myriad health, accident, life and dental insurance policies. During that time, he made recommendations involving Cigna, Coventry Health Care of Louisiana, Humana, Peoples Health and United Healthcare, five companies with which he allegedly had separate business agreements, according to the charges.
Jefferson Parish paid Fontenot & Associates $93,600 between 2006 and 2010, records show.
The charges also state that Fontenot accepted payments from Coventry, Humana, Peoples Health and Sun Life Financial, a company with a parish contract in 2006 and 2007, according to parish records. The Ethics Board charges do not say how much Fontenot made from the companies.