Division of Insurance Disciplinary Actions
May 2006

SPRINGFIELD, Ill. - The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Director of the Division of Insurance, Michael T. McRaith, signed the following disciplinary actions during the month of May 2006. The Division’s orders for each action are available by clicking on each name.

Patrick Seibt, Auburn, insurance producer license revoked effective April 25, 2006.  Mr. Seibt’s license was revoked as a result of an investigation that revealed he had been convicted in 2005 of two counts of Criminal Sexual Assault, a felony.

Shirley E. Ferriola, Alsip, insurance producer license revoked effective April 13, 2006. Ms. Ferriola had been licensed since June 4, 2003. Ms. Ferriola was licensed to sell life, accident, and health. The licenses were revoked as a result of an investigation, which revealed that the Licensee submitted two (2) applications to an insurer that contained nine (9) forgeries and failed to facilitate and the Director in the examination.

Ana Hammond, Ingleside, license denied effective May 18, 2006. Ms. Hammond was applying for a license to sell property and casualty insurance. Her license application was denied as a result of an investigation, which revealed that the Applicant was convicted of felony Aid, Abet and Counsel the Manufacture of Counterfeit Obligations of the United States in May of 2004.

Timothy E. McCoy, Champaign, license denied effective May 11, 2006. Mr. McCoy was applying for a Limited Lines Producer license. His application was denied as a result of an investigation, which revealed that the Licensee was convicted of felony Aggravated Battery in 1997.

Walter T. Randolph, Dolton, insurance producer license denied effective May 19, 2006. Mr. Randolph was applying for a license to sell limited lines insurance. His license application was denied as a result of an investigation, which revealed that the Applicant more than thirty (30) days delinquent in complying with court ordered child support in the amount of $1,190.80 and failed to facilitate and aid the Division in the investigation.

Under the Illinois Administrative Review Law each may have the right to appeal the decision and request a stay of the Order.