Year 2003 Administrative Actions - April to June

Special Investigation Unit Year 2003

The following chart represents a summary of the administrative actions taken against insurance producers and insurance companies by the Division's Enforcement Section between April, 2003 and June, 2003. If you require additional information concerning a particular administrative action, please send your request via e-mail to the Enforcement Email Address. For each administrative action, please note the following definitions.

Licensee Name Type of License Case No. Primary Allegation(s) Disposition Effective Date Soares, Diane New Bedford, MA Producer 3414 Conversion of insurance agency funds to personal use Hearing Officer Memorandum of Decision & Order: License Revocation; $500 Fine; Disposition of all interest in any insurance business 4/1/2003 Reliastar Life Insurance Company of New York Woodbury, NY Life, Accident & Health Company 4385 Failure to Respond to Department Inquiry Settlement Agreement: $1,500 Administrative Assessment; Cease & Desist 4/3/2003 Reliastar Life Insurance Company Minot, ND Life, Accident & Health Company 4386 Failure to Respond to Department Inquiry Settlement Agreement: $1,500 Administrative Assessment; Cease & Desist 4/4/2003 Foy, Charles Lake Butler, FL Non-Resident Producer 4161 Failure to Maintain Trustworthiness & Suitability for Licensure Settlement Agreement: Permanent License Revocation; Disposition of all interests in any insurance business; Cease & Desist 4/7/2003 American Republic Insurance Company Des Moines, IA Life, Accident & Health Company 4135 Paying Commission to Unlicensed Entity Settlement Agreement: $1,200 Fine; Cease & Desist 4/17/2003 Arpante, Thomas A. Westboro, MA Producer 4175 Failure to Maintain Trustworthiness & Suitability for Licensure Settlement Agreement: Permanent License Revocation; Disposition of all interests in any insurance business; Cease & Desist 4/18/2003 Lubrano, S. Robert Beverly, MA Producer 4272 Failure to Make Required Disclosure on License Application Settlement Agreement: $300 Fine; Cease & Desist 4/21/2003 Best Quote Agency, Inc. Beachwood, OH Non-Resident Producer 2984A Sale of insurance while unlicensed or unappointed Settlement Agreement: $500 Administrative Assessment; Cease & Desist 4/21/2003 Rubin, Steven H. Beachwood, OH Non-Resident Producer 2984L Sale of insurance while unlicensed or unappointed Settlement Agreement: $2,700 Administrative Assessment; Cease & Desist 4/21/2003 Lincourt & Pappas Insurance Agency, Inc. Fall River, MA Business Entity Producer 4245 Sale of insurance while unlicensed or unappointed Settlement Agreement: $3,000 Administrative Assessment; Cease & Desist 4/23/2003 Jose Vazquez Shrewsbury, MA Producer 4024 Failure to Make Required Disclosure on License Application Settlement Agreement: Permanent License Revocation; Disposition of all interests in any insurance business; Cease & Desist 4/28/2003 C.A.Senechal Insurance Agency, Inc. North Easton, MA Business Entity Producer 3310 Misrepresentation in advertising Consent Agreement: $1,250 Administrative Assessment; Cease & Desist 4/30/2003 Transamerica Occidental Life Insurance Company Kansas City, MO Life, Accident & Health Company 4395 Failure to Respond to Department Inquiry Settlement Agreement: $500 Administrative Assessment; Cease & Desist; Provide Requested Information 4/30/2003 Broker's Choice of America Englewood, CO Non-Resident Producer 4238B Sale of insurance while unlicensed or unappointed Settlement Agreement: $16,000 Administrative Assessment; Cease & Desist 5/5/2003 Employee Family Protection, Inc. Glastonbury, CT Unlicensed 4170B Sale of insurance while unlicensed or unappointed Settlement Agreement: $30,000 Administrative Assessment; Cease & Desist 5/6/2003 Moller, Abigail A. Granby, MA Former Producer 3694 Misrepresentation of Insurance Product/Policy; Failure to Maintain Trustworthiness & Suitability for Licensure Settlement Agreement: Permanent License Revocation; Disposition of all interests in any insurance business; Cease & Desist 5/12/2003 Trustmark Insurance Company Lake Forest, IL Life, Accident & Health Company 4170C Paying Commission to Unlicensed Entity Settlement Agreement: $60,000 Administrative Assessment; Cease & Desist 5/15/2003 Marshall, Joseph A. Fall River, MA Producer 4238H Failure to Make Required Disclosure on License Application Settlement Agreement: $5,000 Fine; Cease & Desist 5/21/2003 Silva, David E. Sandwich, MA Producer 3763 Sale of insurance issued by unlicensed company; Failure to make required disclosure on license application Settlement Agreement: $25,000 Administrative Assessment; Health Insurance Continuing Education; Restitution 5/22/2003 Unum Life Insurance Company of America Portland, ME Life, Accident & Health Company 4390C Paying Commission to Unlicensed Entity Settlement Agreement: $250 Administrative Assessment; Cease & Desist 5/22/2003 Caterpillar Insurance Services Corporation Nashville, TN Unlicensed 4294A Sale of insurance while unlicensed or unappointed Settlement Agreement: $25,000 Administrative Assessment; Cease & Desist 5/23/2003 Caterpillar Insurance Company Nashville, TN Property/ Casualty Company 4294E Paying Commission to Unlicensed Entity Settlement Agreement: $3,000 Administrative Assessment; Cease & Desist 5/23/2003 Voykhansky, Grigory I. Malden, MA Producer 3591 Question of Trustworthiness & Suitability for Licensure Settlement Agreement: Cease & Desist 5/29/2003 Automatic Data Processing Insurance Agency, Inc. Roseland, NJ Unlicensed 4194 Sale of insurance while unlicensed or unappointed Settlement Agreement: $10,000 Administrative Assessment; Cease & Desist 6/13/2003 Khozozian, Mark Lexington, MA Producer 4263 Failure to Make Required Disclosure on License Application Settlement Agreement: $1,000 Administrative Assessment; Cease & Desist 6/16/2003 Benway Johnston Insurance Agency, Inc. Derry, NH Unlicensed 4267 Sale of insurance while unlicensed or unappointed Settlement Agreement: $750 Fine; Cease & Desist 6/19/2003 Saramago, Carlos Springfield, MA Producer / Full Lines 3142 Failure to Make Required Disclosure on License Application; Misrepresentation on insurance application Settlement Agreement: $3,500 Fine; Cease & Desist 6/20/2003 Remillard, Rejean J. Feeding Hills, MA Producer 3976 Misrepresentation in advertising; Failure to Make required disclosure on license application Settlement Agreement: $5,000 Fine; Cease & Desist 6/23/2003 Glynn, Gerald Hanover, MA Producer / Life, Accident & Health 4262B Failure to Make Required Disclosure on License Application Settlement Agreement: $500 Fine; Cease & Desist 6/23/2003 Gerstenblatt, David P. Newton, MA Producer 3290 Improper withdrawal of funds from pension plan account Consent Agreement: $50,000 Fine; 6 month license suspension; Cease and Desist 6/26/2003 Hartford Steam Boiler Inspection & Insurance Company Hartford, CT Property/ Casualty Company 3630B Paying Commission to Unlicensed Entity Settlement Agreement: $100 Administrative Assessment; Cease & Desist 6/27/2003 Vesta Insurance Corporation Birmingham, AL Property/ Casualty Company 3670A Use of unapproved form; Failure to provide proper notification of intent to non-renew Settlement Agreement: $16,200 Administrative Assessment; Cease & Desist 6/27/2003 Shelby Casualty Insurance Company Birmingham, AL Property/ Casualty Company 3670B Use of unapproved form; Failure to provide proper notification of intent to non-renew Settlement Agreement: $22,100 Administrative Assessment; Cease & Desist 6/27/2003 Vesta Fire Insurance Corporation Birmingham, AL Property/ Casualty Company 3670C Use of unapproved form; Failure to provide proper notification of intent to non-renew Settlement Agreement: $6,700 Administrative Assessment; Cease & Desist 6/27/2003 American Zurich Insurance Company Schaumburg, IL Property/ Casualty Company 4294C Paying Commission to Unlicensed Entity Settlement Agreement: $40,000 Administrative Assessment; Cease & Desist 6/30/2003