Year 2002 Administrative Actions - July to September

Special Investigations Unit Year 2002

The following chart represents a summary of the administrative actions taken against insurance producers and insurance companies by the Division's Enforcement Section between July, 2002 and September, 2002. 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
Travelers Insurance Company (Accident Dept.) Hartford, CT Property/Casualty Company 3683C Paying Compensation to an Unlicensed Entity Settlement Agreement: $8,600 Administrative Assessment; Cease & Desist 7/1/2002
Kumin, Steven Boston, MA Life / Property & Casualty Broker 3728 Sale of Insurance while unlicensed Settlement Agreement: $6,500 Administrative Assessment; Cease & Desist 7/1/2002
Gonet, Michael W.
Hudson, MA
Agent 4171 Failure to make required disclosure on license applications; failure to maintain trustworthiness & suitability for licensure Settlement Agreement: License Revocation; Disposition of all insurance business interests; Cease & desist 7/7/2002
Chipman, Peter S.
Norfolk, MA
Broker 3806 Failure to make required disclosure on license application Settlement Agreement: $500 Administrative Assessment; Cease & Desist 7/9/2002
OneBeacon America Insurance Company Foxborough, MA Property/Casualty Company 3721A Paying Compensation to an Unlicensed Entity Settlement Agreement: Cease & Desist 7/11/2002
Signature Agency, Inc. / Signature Home Protection Plan
Schaumburg, IL
Unlicensed 2420 Unlicensed solicitation and sale of home warranty contracts Settlement Agreement: $2,000 Administrative Assessment; Cease & Desist 7/18/2002
Richard A. Giovangelo
Brookline, MA
Agent & Broker 3861 Misrepresentation in sale of real estate bonds Settlement Agreement: $12,000 Administrative Assessment; Cease & Desist 7/18/2002
Larocque, Marc P.
Douglas, MA
Broker 2930 Failure to maintain trustworthiness & suitability for licensure Hearing Officer Decision & Order: $2,000 Fine; License suspension until pymt. of fine; Extra continuing education coursework on insurance agency mgmt. And employee supervision 7/19/2002
Kalenkowitz, Jason
West Springfield, MA
Agent 3633 Failure to make required disclosure on license applications Consent Agreement: License Revocation; Disposition of all interests in any insurance business; Cease & Desist 7/20/2002
Zurich Life Insurance Company of America
Schaumburg, Il
Life / Accident & Health Company 3185 Misrepresentation of life insurance policy terms Settlement Agreement: $3,500 Administrative Assessment; $600 policyholder restitution; Cease & Desist 7/22/2002
Zurich Direct
Schaumburg, Il
Unlicensed 2925 Unlicensed sale of insurance Settlement Agreement: $6,000 Administrative Assessment; 7/22/2002
Zurich Life Insurance Company of America
Schaumburg, Il
Life / Accident & Health Company 2925A Paying Compensation to an Unlicensed Entity Settlement Agreement: $12,000 Administrative Assessment; Cease & Desist 7/22/2002
Arbella Protection Insurance Company, Inc.
Quincy, MA
Domestic Property/Casualty Company 3595B Paying Compensation to an Unlicensed Entity Settlement Agreement: Cease & Desist 7/30/2002
Security Insurance Agency, Inc.
Boston, MA
Property/Casualty Broker 3804 Solicitation & sale of insurance after license expiration Settlement Agreement: $20,000 Administrative Assessment; Cease & Desist 7/30/2002
Rider, James W.
Marion, MA
Agent & Broker 3734G Failure to make required disclosure on license applications Settlement Agreement: $12,000 Administrative Assessment; Cease & Desist 7/31/2002
Chaffee Helliwell Insurance Agency, Inc.
Holyoke, MA
Corporate Insurance Agency 3712 Changing insured policy limits without authorization Settlement Agreement: $500 Administrative Assessment; Cease & Desist 8/1/2002
Hunt, Kevin P. Dba
Caitlyn Insurance Agency
Burlington, MA
Broker 4018 Failure to remit insurance premium Settlement Agreement: License Revocation; Restitution of $28,988.07; Disposition of all interest in any insurance business 8/1/2002
Solfisburg, William F.
Milton, MA
Broker 4130 Failure to make required disclosure on license application Settlement Agreement: $500 Fine; Cease & Desist 8/6/2002
Temple, Raymond
Brockton, MA
Unlicensed 4199 Selling Automobile insurance while unlicensed Settlement Agreement: $15,000 Administrative Assessment; Cease & Desist 8/7/2002
Berkshire Mutual Insurance Company
Pittsfield, MA
Domestic Property/Casualty Company 3641D Paying Compensation to an Unlicensed Entity Settlement Agreement: $2,000 Administrative Assessment; Cease & Desist 8/12/2002
Harleysville Worcester Insurance Company
Worcester, MA
Domestic Property/Casualty Company 3641D Paying Compensation to an Unlicensed Entity Settlement Agreement: $6,000 Administrative Assessment; Cease & Desist 8/12/2002
Hancock, Michael L.
Maine
Unlicensed 3555A Acting as insurance agent or broker in MA without a license; unfair or deceptive acts or practices in business of insurance Hearing Officer Decision & Order: $3,000 Fine; Cease & Desist 8/21/2002
Burtchell, Larry S.
Roanoke, TX
Non-resident agent 4184 Failure to maintain trustworthiness & suitability for licensure Hearing Officer Decision & Order: License Revocation; Disposition of all interest in any insurance business; Cease & Desist 8/22/2002
Brown, Barry L.
Brockton, MA
Agent 3638 Failure to make required disclosure on license applications Hearing Officer Decision &Order: License Revocation; Disposition of all interest in any insurance business; Cease & Desist 8/22/2002
Collins, Lisa M.
Hingham, MA
Broker 4021 Failure to make required disclosure on license application Settlement Agreement: $500 Fine; Cease & Desist 8/27/2002
Schelle, Richard A.
Plymouth, MA
Broker 3278 Falsification of insurance claim information Settlement Agreement: $7,500 Administrative Assessment; Directive to attend ethics & professionalism continuing education courses; Cease & Desist 8/28/2002
Daly, John J.
Jamaica Plain, MA
Agent 3629 Misrepresentation in advertising of insurance policy terms and conditions Settlement Agreement: $2,500 Fine; Cease & Desist 9/4/2002
Royal Insurance Company of America
Manchester, NH
Property/Casualty Company 3683B Paying Compensation to an Unlicensed Entity Settlement Agreement: $1,700 Administrative Assessment; Cease & Desist 9/10/2002
Butts, Richard J. Dba
Select Financial Insurance Agency
Shrewsbury, MA
Broker 3500 Rebating Settlement Agreement: $1,000 Fine; Cease & Desist 9/10/2002
LoPresti, Gary J.
Malden, MA
Agent & Broker 3689 Failure to remit premium to insurance company Settlement Agreement: License Revocation; Disposition of all interest in any insurance business 9/16/2002
Bowlan, Jeffrey
Lowell, MA
Public Fire Loss Adjuster 3422 Failure to make required disclosure on license application Settlement Agreement: $2,000 Fine; Cease & Desist 9/19/2002

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