Year 2010 Administrative Actions - January to March

Special Investigations Unit 2010

The following chart represents a summary of the administrative actions taken against insurance producers and insurance companies by the Division's Enforcement Section between January, 2010 and March, 2010. 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 # Primary Allegation(s) Disposition Effective Date Adler, Michael Producer 6623 Failed to make proper disclosure on licensing application(s) Settlement Agreement: $500 fine, cease & desist from violations 02/10/10 Alliant Services Houston, Inc. Producer 7041 Placed policies while unlicensed Settlement Agreement: $2,000 fine, cease & desist from violations 03/11/10 Anchor International Insurance Agency, Inc. Producer 6460 Placed policies while unlicensed Settlement Agreement: $5,200 fine, cease & desist from violations 02/11/10 Anderson & Murison, Inc. Producer 7166 Placed policies while unlicensed Settlement Agreement: $6,500 fine, cease & desist from violations 03/09/10 ARM Insurance Agency of Massachusetts, Inc. Producer 6917 Placed policies while unlicensed Settlement Agreement: $150 fine, cease & desist from violations 01/14/10 Brookline Bank Producer 6167 Placed policies while unlicensed Settlement Agreement: $16,500 fine, cease & desist from violations 03/11/10 Brown & Brown Insurance Services Producer 7152 Placed policies while unlicensed Settlement Agreement: $350 fine, cease & desist from violations 03/24/10 Brown, Kevin E. . Producer 6498 Failed to timely report administrative action(s) Administrative Decision: License Revocation, $1,000 fine, cease & desist from all insurance activity 03/08/10 Cluett, Bruce Edward Producer 6761 Failed to make proper disclosure on licensing application(s) Settlement Agreement: $500 fine, cease & desist from violations 01/08/10 CNH Capital Insurance Agency, Inc. Producer 6331 Placed policies while unlicensed Settlement Agreement: $2,000 fine, cease & desist from violations 03/02/10 CUSO Financial Services, Inc. Producer 6835 Placed policies while unlicensed Settlement Agreement: $400 fine, cease & desist from violations 03/31/10 David G. Sayles Insurance Services Producer 7210 Placed policies while unlicensed Settlement Agreement: $250 fine, cease & desist from violations 03/23/10 Industrial Coverage Corporation Producer 7236 Placed policies while unlicensed Settlement Agreement: $250 fine, cease & desist from violations 03/11/10 Integrity Underwriters, Inc. Producer 7187 Placed policies while unlicensed Settlement Agreement: Cease & desist from violations 03/11/10 J.W. Allen Co., Inc. Producer 6976 Failed to make proper disclosure on licensing application(s) Settlement Agreement: $500 fine, cease & desist from violations 03/12/10 Kadiri, Moses E., Sestatic Insurance Agency, Inc. Producer 6172 Improperly withheld money received in the course of doing business, issued a false binder of insurance, submitted applications for insurance without the knowledge of the applicant, misrepresented the premium on a policy Administrative Decision: License Revocation, $5,000 fine, cease & desist from all insurance activity 01/27/10 Lucia Insurance and Financial Services, Inc. Producer 7136 Placed policies while unlicensed Settlement Agreement: $700 fine, cease & desist from violations 01/28/10 MEDMARC Mutual Ins. Co. Company 7201 Failed to renew agent appointments Settlement Agreement: $500 fine, cease & desist from violations 02/18/10 Norwood Insurance Agency, Inc. Producer 7132 Placed policies while unlicensed Settlement Agreement: $4,600 fine, cease & desist from violations 01/08/10 OneAmerica Securities Insurance Agency, Inc. Producer 6415 Failed to make proper disclosure on licensing application(s) Settlement Agreement: $500 fine, cease & desist from violations 3/121/0 Pelos, Joseph Marc Producer 6941 Failed to make proper disclosure on licensing application(s) Settlement Agreement: $300 fine, cease & desist from violations 03/22/10 Peter D. Lepage Ins. Agcy., Inc. Producer 6962 Placed policies while unlicensed Settlement Agreement: $4,000 fine, cease & desist from violations 03/31/10 Philadelphia American Life Ins. Co. Company 7199 Failed to renew agent appointments Settlement Agreement: $500 fine, cease & desist from violations 02/26/10 Piette, Judith Ann Producer 7086 Failed to make required disclosure. Settlement Agreement: $500 fine, cease & desist from violations 03/26/10 Pre-Need Professionals of New England Ins. Agency Producer 7268 Placed policies while unlicensed Settlement Agreement: $2,000 fine, cease & desist from violations 03/10/10 Rocco, John Angelo Producer 6764 Failed to make proper disclosure on licensing application(s) Administrative Decision: $850 fine, cease & desist from violations 02/26/10 Rockwood Programs, Inc. Producer 7085 Placed policies while unlicensed Settlement Agreement: $850 fine, cease & desist from violations 03/31/10 Rollstone Bank & Trust Producer 6544 Placed policies while unlicensed Settlement Agreement: $1,500 fine, cease & desist from violations 03/11/10 Strategic Employee Benefit Services of New York Producer 7137 Placed policies while unlicensed Settlement Agreement: $400 fine, cease & desist from violations 01/20/10 Sturbridge Insurance Agency, Inc. Producer 7018 Placed policies while unlicensed Settlement Agreement: $250 fine, cease & desist from violations 03/02/10 Superior Access Ins. Services, Inc. Producer 6261 Placed policies while unlicensed Settlement Agreement: $1,000 fine, cease & desist from violations 01/25/10 The Ivy Insurance Agency, Inc. Producer 7153 Placed policies while unlicensed Settlement Agreement: $300 fine, cease & desist from violations 02/08/10