Year 2003 Administrative Actions - October to December

Special Investigations 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 October, 2003 and December, 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 Adams, Mark L. Milford, MA Producer 4239 Backdating accident policy application after occurrence of covered incident Settlement Agreement: Permanent License Revocation; Cease & Desist from all insurance activity 10/6/03 Black, Sarah K. Warriors Mark, PA Non-Resident Producer 3811C Impersonation; Doing business in an unlicensed name Settlement Agreement: Cease & Desist 10/7/03 Brown, James M. Feeding Hills, MA Producer 4362 Failure to Make Required Disclosure on License Applications; Failure to Maintain Trustworthiness & Suitability for Licensure Settlement Agreement: Permanent License Revocation; Cease & Desist from all insurance activity 10/9/03 Chu, Malcolm Glen Rock, NJ Non-Resident Producer 4415 Misrepresentation of terms of variable annuity Settlement Agreement: Permanent License Revocation; Cease & Desist from all insurance activity 10/16/03 Hopgood, James E. Boonton Township, NJ Non-Resident Producer 3812A Selling policies from unlicensed insurer Settlement Agreement: $500 Fine; Cease & Desist; Continuing Education; Restitution 10/16/03 Benson, Young & Downs Insurance Agency, Inc. Provincetown, MA Business Entity Producer 3748 Selling policies from unlicensed insurer Settlement Agreement: $15,700 Fine; Restitution; Cease & Desist 10/20/03 Patterson, James Needham, MA Producer 3812B Selling policies from unlicensed insurer Settlement Agreement: $2,500 Fine; Continuing Education; Restitution 10/21/03 Hall, Robert E. Marstons Mills, MA Producer 3755 Selling policies from unlicensed insurer Settlement Agreement: $8,400 Fine; Continuing Education; Cease & Desist 10/21/03 West Coast Life Insurance Company San Francisco, CA Life, Accident & Health Company 4542 Paying Commission to Unlicensed Entity Settlement Agreement: 8,700 Administrative Assessment; Cease & Desist 10/23/03 Dean, Francis L. Wheaton, IL Non-Resident Producer 4481 Failure to Make Required Disclosure on License Application Settlement Agreement: $500 Fine; Cease & Desist 10/24/03 Schilling, Susan M. South Harwich, MA Producer 3762 Selling policies from unlicensed insurer Settlement Agreement: $20,000 Fine; Continuing Education; Cease & Desist 10/28/03 Prudential General Insurance Agency, Inc. Taunton, MA Business Entity Producer 4582 Sale of insurance while unlicensed or unappointed Settlement Agreement: $1,500 Administrative Assessment; Cease & Desist 10/30/03 Dennis K. Hurley Insurance Agency, Inc. Braintree, MA Business Entity Producer 4408B Falsification of loss ratio report submitted to insurance company Settlement Agreement: Permanent License Revocation; Cease & Desist from all insurance activity 10/31/03 Pike, Frederick W. Orleans, MA Producer 3760 Selling policies from unlicensed insurer Settlement Agreement: $5,800 Fine; Continuing education; Restitution 11/3/03 William S. Webb Company, Inc. Garden City, NY Non-Resident Business Entity Producer 4506A Sale of insurance while unlicensed or unappointed Settlement Agreement: $50.00 Administrative Assessment; Cease & Desist 11/4/03 Rubin, Steven H. Orange, OH Non-Resident Producer 4572 Failure to timely report license non-renewal in other jurisdiction Settlement Agreement: $200 Administrative Assessment; Cease & Desist 11/5/03 Kitchell, Mark M. Mashpee, MA Producer 3530 Misrepresentation; Failure to make required disclosure on license applications Hearing Officer Order on Motion for Summary Decision: Permanent License Revocation; Cease & Desist from all insurance activity 11/7/03 Metropolitan Property & Casualty Ins. Co. Warwick, RI Property Casualty Company 4414C Paying Commission to Unlicensed Entity Settlement Agreement: $2,500 Administrative Assessment; Cease & Desist 11/14/03 Seniors Financial Network Dallas, TX Unlicensed 4488 Misrepresentation in Advertising Settlement Agreement: Cease & Desist 11/20/03 Savage, Steven W. Maynard, MA Producer 4562 Failure to Timely notify Division of commencement of civil or criminal action Settlement Agreement: $100 Fine; Cease & Desist 11/29/03 Lee, Joon I. Quincy, MA Producer 4525 Failure to Make Required Disclosures on License Application Settlement Agreement: $150 Administrative Assessment; Cease & Desist 12/1/03 Vadnais, Jack E. Greenfield, MA Producer 4492 Failure to Make Required Disclosure on License Application Settlement Agreement: $2,000 Administrative Assessment; Cease & Desist 12/11/03 Hannigan, George H. Cummaquid, MA Producer 3756 Selling policies from unlicensed insurer; Failure to Make Required Disclosure on License application Settlement Agreement: $2,600 Fine; Cease & Desist 12/16/03 Kilcommons, John F. Boston, MA Producer 4376 Diversion of customer funds to personal use Hearing Officer Order on Motion for Summary Decision: License Revocation; $61,000 Fine; Cease and Desist from all insurance activity 12/16/03