This page, Year 2001 Administrative Actions - January to March, is offered by

Year 2001 Administrative Actions - January to March

Special Investigations Unit Year 2001

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, 2001 and March, 2001. 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
Reddy, Brian G. Agent & Broker 2581 Failure to maintain qualities of trustworthiness & suitability Administrative Decision: $1,000 Fine; License Revocation; Disposition of all interests in any insurance business 01/17/01
Hellesen, Regina M. Haverhill, MA Plaistow, NH Agent 2503 Failure to maintain qualities of trustworthiness & suitability Hearing Officer Decision on Administrative Pleadings; License Revocation; Prohibition against maintaining interest in any insurance business 01/18/01
Pybas, William K. East Douglas, MA Broker 2314 Failure to remit premium to insurance company; Misrepresentation on insurance license applications Consent Agreement: 10 year license revocation; Disposition of all interests in any insurance business 01/30/01
Holt, Timothy S. Greenville, SC Agent 2811 Misrepresentation Settlement Agreement: $1,500 Fine; Cease & Desist 01/31/01
Kerr, Richard C. Jr. Wellesley, MA Agent 3358 Misrepresentation on insurance license applications Settlement Agreement: $1,500 Fine; Cease & Desist 02/16/01
Smith, Michael K. Swansea, MA Agent 2567 Conversion of life insurance cash values to his own use and benefit; Failure to maintain qualities of trustworthiness & suitability. Hearing Officer decision on motion for summary judgement; license revocation; disposition of all interest in any insurance business. 02/20/01
Lee, Joon Il Brighton, MA Agent & Broker 3337 Misrepresentation on insurance license applications Settlement Agreement: $4,000 Fine; Cease & Desist 02/23/01
Castagnino, Frank J. & Frank Casty Insurance Agency West Newton, MA Agent & Broker 2970 Misrepresentation in sale of workers' compensation insurance; Failure to remit workers' compensation insurance premiums to carrier Consent Agreement: Permanent license revocation; disposition of all interests in any insurance business 02/27/01
Knox, Joseph P. Natick, MA Agent & Broker 2675 Misrepresentation on insurance license applications Settlement Agreement: $5,000 Fine; Cease & Desist 02/28/01
O'Rourke, John J. Dba O'Rourke Insurance Agency Cranston, RI Unlicensed 3388 Acting as corporate insurance broker without appropriate MA license Consent Agreement: Cease & Desist 02/28/01
Pawtucket Mutual Insurance Company Pawtucket, RI Property/Casualty Company 3434 Failure to report statistical data Settlement Agreement; $500 Fine 02/28/01
Smith, Billy J. Boston, MA Broker 3305 Misrepresentation on insurance license application Settlement Agreement; Cease & Desist 03/02/01
Ryan, Suzanne C. Easton, CT Agent & Broker 3334 Misrepresentation on insurance license applications Settlement Agreement: $500 Fine; Cease & Desist 03/02/01
McKenna Insurance Agency Somerville, MA Unlicensed 3487A Impersonation Settlement Agreement: $7,500 Fine; Directive to obtain license within 30 days 03/14/01
Parramore, Larry Miami, FL Non-resident agent 3353 Misrepresentation on MA insurance license application Settlement Agreement: License Revocation; Disposition of all interests in any insurance business 03/15/01
Woods, Michael R. Adjuster 3455 Misrepresentation on insurance licensing application(s) Settlement Agreement: $500 administrative assessment, cease & desist 03/20/01
Apple Valley Agency, Inc. Greenville, RI Unlicensed 3391 Acting as corporate insurance broker without appropriate MA license Consent Agreement: $4,650 Fine; Cease & Desist; 03/23/01
Cosgrove, William C. Campton, NH Agent 3318 Misrepresentation on insurance license applications Consent Agreement: $2,000 Fine; Cease & Desist 03/29/01
American Automobile Insurance Company Creve Coeur, PA Property/Casualty Company 3480 Failure to properly rate certain motorcycle insurance policies Consent Agreement: $2,300 Fine; Restitution to 23 insureds; 03/29/01
ABA Insurance Agency Inc. Brighton, MA Agent & Broker 3469 Misrepresentation on motor vehicle insurance application Settlement Agreement: $1,500 Fine; Cease and Desist 03/29/01
Hanover Insurance Company Worcester, MA Property/Casualty Company 3323 Payment of commissions to an unlicensed entity Consent Agreement: $7.040 Fine; Cease & Desist 03/30/01

 

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