Year 2000 Administrative Actions - October to December

Fourth Quarter

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, 2000 and December, 2000. 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 Joseph P. Law Hudson, NH Agent & Broker 2672A Failure to maintain standards of trustworthiness and suitability: Deposited client funds to personal account; Misrepresentation on insurance license applications Settlement Agreement: Ten year license revocation; Disposition of interests in insurance business; Cease & Desist 10/5/00 Mastors & Servant, Ltd. East Greenwich, RI Unlicensed 3412 Participating in business of insurance without valid license Settlement Agreement: $2,500 fine; Cease & Desist 10/10/00 T.J. Dacey, Ltd. East Greenwich, RI Unlicensed 3419 Participating in business of insurance without valid license Settlement Agreement: $2,500 fine; Cease & Desist 10/10/00 Narragansett Underwriting Group, Inc. Warren, RI Unlicensed 3396 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/10/00 Preston Insurance Alliance Warwick, RI Unlicensed 3370 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/2/00 McLane Insurance Agency, Inc. Riverside, RI Unlicensed 3410 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/10/00 Caldwell Insurance, Inc. Warwick, RI Unlicensed 3406 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/16/00 Mansfield Insurance Agency, Inc. Westerly, RI Unlicensed 3394 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/10/00 Maggiacomo Insurance Agency North Providence, RI Unlicensed 3382 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/16/00 Richard A. DeBlasio Insurance Agency, Inc. Pawtucket, RI Unlicensed 3392 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/16/00 Gates Insurance Agency, Inc. Peace Dale, RI Unlicensed 3376 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/16/00 Aloisi Insurance Associates, Inc. Providence, RI Unlicensed 3407 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/16/00 Riley Insurance Agency, Inc. Middletown, RI Unlicensed 3397 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/16/00 Affiliated Insurance Managers Warwick, RI Unlicensed 3398 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/16/00 Universal Insurance North Providence, RI Unlicensed 3411 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/16/00 Esten & Richard Agency, Inc. Woonsocket, RI Unlicensed 3387 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/16/00 Contractors Insurance Services, Inc. East Providence, RI Unlicensed 3403 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/19/00 Harold E. Beaudoin Insurance, Inc. East Providence, RI Unlicensed 3402 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/19/00 Herman Lapointe Jr. Insurance Agency Fall River, MA Unlicensed 3381 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/20/00 Sharples & Thomas, Ltd. East Providence, RI Unlicensed 3404 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/19/00 Donald C. Sarin Lenox, MA Agent 3187 Failure to maintain standards of trustworthiness & suitability: Revocation of securities license by MA Secretary of State Settlement Agreement: Permanent license revocation; Disposition of all interests in any insurance business 10/25/00 Burns & Cotter, Inc. Providence, RI Unlicensed 3393 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/27/00 Barton Insurance Group Cranston, RI Unlicensed 3380 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/31/00 Braman & White Newport, RI Unlicensed 3384 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 10/31/00 Gay, John William Duxbury, MA Agent 3440 Failure to maintain standards of trustworthiness & suitability (failure to report criminal record on 3 MA insurance license applications). Settlement Agreement: $1,500 fine; Cease & Desist 11/2/00 J.J. Gilmartin & Son Agency, Inc. Warwick, RI Unlicensed 3373 Participating in business of insurance without valid license Settlement Agreement: Cease & Desist 11/2/00 Cres Insurance Services, Inc. San Diego, CA Unlicensed 3215A Participating in the business of insurance without a valid license; Rebating Settlement Agreement: $5,000 fine; Cease & Desist 11/10/00 Esten & Richard Agency, Inc. Woonsocket, RI Unlicensed 3401 Participating in the business of insurance without a valid license Settlement Agreement: Cease & Desist 11/10/00 Legion Insurance Company Philadelphia, PA Property / Casualty Company 3273 Paying commission to unlicensed entity Settlement Agreement: $6,000 fine; Cease & Desist 11/17/00 Garrick, Trevor A. Dorchester, MA Agent & Broker 3285 Failure to remit workers' compensation policy premium to insurance company; failure to place workers' compensation coverage; falsification of insurance documents Settlement Agreement: 5 year license revocation; Cease & Desist; disposition of all interests in any insurance business 11/28/00 North American Company for Life & Health Insurance Chicago, IL Life and Accident & Health Company 2751H Paying commission to unlicensed entity Settlement Agreement: $59,500 fine; Cease & Desist; Compliance Program 12/4/00 Valley Forge Life Insurance Company Chicago, IL Life / Accident & Health Company 2984C Paying commission to unlicensed entity Settlement Agreement: $4,900 Fine; Cease & Desist 12/5/00 Breen, Paul R. Needham, MA Non-Resident Agent 3306 Misrepresenting the terms of a homeowners' insurance policy Settlement Agreement: $875 Fine; Cease & Desist 12/7/00 James W. Devaney Fuel Company West Roxbury, MA Unlicensed 3356 Unlicensed solicitation of oil tank insurance Settlement Agreement: $250 Fine; Cease & Desist 12/7/00 Lingle, Gail M. Kenilworth, IL Non-Resident Agent 3443 Failure to maintain standards of trustworthiness & suitability (failure to report IL Insurance Dept. license action on MA license application.) Settlement Agreement: $250 Administrative Assessment; Cease & Desist 12/7/00 Zalis, Charles Nelson Hollywood, FL Non-Resident Agent 3303 Failure to maintain standards of trustworthiness & suitability (failure to report full history of regulatory actions) Settlement Agreement: $1,000 Fine; Cease & Desist 12/8/00 First Penn-Pacific Life Insurance Company Schaumburg, IL Life & Accident/Health Company 2984F Paying commission to unlicensed entity Settlement Agreement: $5,500 Administrative Assessment; Cease & Desist 12/13/00 Security CT Life Insurance Company Avon, CT Life Insurance Company 2984I Paying commission to unlicensed entity Settlement Agreement: $175 Administrative Assessment; Cease & Desist 12/14/00 Sottile, Frank S. Simsbury, CT Non-Resident Agent & Broker 2994 Misrepresentation on insurance licenses application; Failure to maintain standards of trustworthiness and suitability Settlement Agreement: 10 year license revocation; Cease & Desist; disposition of all interests in any insurance business 12/14/00 Warnock, Mary Ann Northampton, MA Broker 3444 Failure to maintain standards of trustworthiness and suitability; Participating in business of insurance without valid license; Use of insurance company stamp to file false applications with Registry of Motor Vehicles Settlement Agreement: 10 year license revocation; Disposition of all interests in any insurance business 12/14/00 Chaffee, William J. South Hadley, MA Property / Casualty Broker 3444A Paying commission to unlicensed entity Settlement Agreement: $1,265 Administrative Assessment; Cease & Desist 12/18/00 Banner Life Insurance Company Rockville, MD Life Insurance Company 2984E Paying commission to unlicensed entity Settlement Agreement: $175 Administrative Assessment; Cease & Desist 12/19/00 Renner, Mary Frances Salem, NH Non-Resident Broker 2485 Failure to disclose termination by insurance company on DOI license applications Settlement Agreement: $2,500 Fine; Cease & Desist 12/18/00 St. Paul Guardian Insurance Company St. Paul, MN Property / Casualty Company 3478 Sale of boiler & machinery coverage without proper license Settlement Agreement: $18,425 Fine; Cease & Desist 12/19/00 Midland Life Insurance Company Columbus, OH Life and Accident & Health Company 2984G Paying commission to unlicensed entity Settlement Agreement: $1,925 Fine; Cease & Desist 12/28/00 Smallwood, Merrill Quincy, MA Agent & Broker 3254 Paying commission to unlicensed entity Settlement Agreement: $7,500 fine; Cease & Desist 12/28/00