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, 2002 and December, 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 |
|---|---|---|---|---|---|
| Lincoln Benefit Life Insurance Company Lincoln, NE |
Life, Accident and Health Company | 4225 | Paying Commission to Unlicensed Entities | Settlement Agreement: $11,300 Administrative Assessment; Cease and Desist | 10/3/2002 |
| International Marine Safety Foundation Quebec, Canada and London, England |
Unlicensed | 3277 | Unlicensed solicitation and sale of marine insurance | Hearing Officer Decision and Order: $11,000 Fine; Cease and Desist | 10/7/2002 |
| North American Marine and General Insurance Company, Ltd. Quebec, Canada |
Unlicensed | 3277 | Unlicensed solicitation and sale of marine insurance | Hearing Officer Decision and Order: $5,000 Fine; Cease and Desist | 10/7/2002 |
| Banner Life Insurance Company Rockville, MD |
Life, Accident and Health Company | 4234 | Paying Commission to Unlicensed Entities | Settlement Agreement: $10,900 Administrative Assessment; Cease and Desist | 10/10/2002 |
| Beliard, Gornayl Amherst, MA |
Agent | 3467 | Failure to Remit Premium to Insurance Company | Settlement Agreement; License Revocation; Disposition of all Interests in any Insurance Business | 10/10/2002 |
| Stanley, Richard O. Peabody, MA |
Public Fire Loss Adjuster | 3520 | Failure to Make Required Disclosure on License Application | Consent Order: $250 Administrative Assessment; Cease and Desist | 10/11/2002 |
| Old Line Life Insurance Company Milwaukee, WI |
Life, Accident and Health Company | 4218 | Paying Commission to Unlicensed Entities | Settlement Agreement: $2,900 Administrative Assessment; Cease and Desist | 10/15/2002 |
| Radley, James A. Marlboro, MA |
Corporate Surplus Lines Broker | 4081 | Failure to Make Required Disclosure on License Application | Consent Agreement: $250 Administrative Assessment; Cease and Desist | 10/15/2002 |
| Lambie, Andrew North Reading, MA |
Unlicensed | 3972A | Unlicensed solicitation and sale of insurance | Settlement Agreement: $1,000 Fine; Cease and Desist | 10/16/2002 |
| Jesizek, Audrik R. Windsor, CT |
Non-Resident Life / Accident and Health Agent | 4153 | Failure to Make Required Disclosure on License Application | Consent Agreement: $350 Fine; Cease and Desist | 10/17/2002 |
| Valley Forge Life Insurance Company Nashville, TN |
Life, Accident and Health Company | 4241 | Paying Commission to Unlicensed Entities | Settlement Agreement: $24,500 Fine; Cease and Desist | 10/21/2002 |
| Martineau, Donald J. Tewksbury, MA |
Agent | 3153 | Failure to Maintain Trustworthiness and Suitability for Licensure | Settlement Agreement: Permanent License Revocation; Disposition of all interest in any insurance business | 10/21/2002 |
| Gerald C. Vigneron Concord, MA |
Agent and Broker | 3180 | Failure to Make Required Disclosure on License Application | Consent Agreement: $6,000 Administrative Assessment; Cease and Desists | 10/23/2002 |
| H.T. Bailey Insurance Agency, Inc. Arlington, MA |
Corporate Agent and Broker | 3639D | Paying Commission to Unlicensed Entities | Settlement Agreement: $900 Administrative Assessment; Cease and Desist | 10/23/2002 |
| Akim Insurance, Inc. Allston, MA |
Unlicensed | 3672A | Failure to Timely Renew Corporate Broker's License | Settlement Agreement: $2,000 Administrative Assessment; Cease and Desist | 10/25/2002 |
| Paskell, Mark E. Sterling, MA |
Public Fire Loss Adjuster | 3746 | Failure to Make Required Disclosure on License Application | Settlement Agreement: $2,000 Fine; Cease and Desist | 10/30/2002 |
| Francis Harvey and Sons, Inc. Worcester, MA |
Unlicensed | 3746A | Acting as public fire loss adjuster when unlicensed | Settlement Agreement: $1,000 Fine; Cease and Desist | 10/30/2002 |
| Insurance Advisory Services, Inc. Arlington, MA |
Advisor | 4026 | Acting as insurance advisor when unlicensed | Settlement Agreement: $1,000 Fine; Cease and Desist | 10/31/2002 |
| Dann, Philip J. Berkley, MA |
Agent and Broker | 4146 | Failure to Remit Premium to Insurance Company | Settlement Agreement: License Revocation; Cease and Desist from all insurance activity | 11/1/2002 |
| Brudnick, Robert A. Chelsea, MA |
Broker | 4243 | Failure to Make Required Disclosure on License Application | Settlement Agreement: $500 Administrative Assessment; Cease and Desist | 11/1/2002 |
| Donahue, Stephen Greg Cincinnati, OH |
Non-Resident Agent | 3974 | Failure to Maintain Trustworthiness and Suitability for Licensure; Administrative action in other jurisdictions | Settlement Agreement: Permanent License Revocation; Disposition of all interest in any insurance business; Cease and Desist | 11/3/2002 |
| Plus Insurance Agency, Inc. Chelsea, MA |
Agent and Broker | 3639B | Paying Commission to Unlicensed Entity | Settlement Agreement: $1,400 Administrative Assessment; Cease and Desist | 11/4/2002 |
| Mastrocola, James A. Everett, MA |
Broker | 3639C | Failure to Make Required Disclosure on License Application | Settlement Agreement: $250 Administrative Assessment; Cease and Desist | 11/8/2002 |
| Davis, Robert M. Berwyn, PA |
Non-Resident Broker | 4083 | Failure to Make Required Disclosure on License Application | Settlement Agreement: Cease and Desist | 11/11/2002 |
| Premier Insurance Company of MA Worcester, MA |
Domestic Property Casualty Company | 3819 | Failure to obtain required authorization for issuing dividend | Settlement Agreement: $1,000 Administrative Assessment; Cease and Desist | 11/12/2002 |
| Collins, Keith L. Worcester, MA |
Agent and Broker | 3496 | Failure to Make Required Disclosure on license application; submitted life insurance application without insured's knowledge or consent; signed insured name to documents without their knowledge or consent | Settlement Agreement: $6,000 Administrative Assessment; Cease and Desist | 11/29/2002 |
| Falzone, James J. Waltham, MA |
Agent and Broker | 3242 | Failure to make required disclosure on license application; Failure to remit premium to insurance company; failure to maintain trustworthiness and suitability for licensure | Hearing Officer Order of Decision: $2,000 Fine; License Revocation; Cease and Desist from all insurance activity | 12/3/2002 |
| Scaduto, Joseph V. Lynnfield, MA |
Public Fire Loss Adjuster | 3608 | Failure to Make Required Disclosure on License Applications | Settlement Agreement: License Revocation; Cease and Desist from all insurance activity | 12/4/2002 |
| Malone, Charles Kelley North Attleboro, MA |
Unlicensed | 3673 | Engaging in business of insurance when unlicensed | Settlement Agreement: $5,000 Fine; Cease and Desist | 12/4/2002 |
| Norfolk and Dedham Mutual Fire Insurance Company Dedham, MA |
Domestic Property Casualty Company | 3417B | Paying Commission to Unlicensed Entity | Settlement Agreement: $11,000 Administrative Assessment; Cease and Desist | 12/5/2002 |
| Capua, John M. Tewksbury, MA |
Agent and Broker | 4224 | Failure to Remit Premium to Insurance Company | Settlement Agreement: License Revocation; Cease and Desist from all insurance activity | 12/9/2002 |
| DeCristoforo, Rosemary W. Beverly, MA |
Broker | 4131 | Sale of surplus lines coverage without proper license | Settlement Agreement: $2,775 Administrative Assessment; Cease and Desist | 12/9/2002 |
| Wakefield, Scott G. III Norwell, MA |
Agent and Broker | 4167 | Failure to Make Required Disclosure on License Application | Settlement Agreement: $750 Fine; Cease and Desist | 12/9/2002 |
| Kouri, Raphael Charles Ft. Lauderdale, FL |
Non-resident Agent | 4208 | Failure to Make Required Disclosure on License Application | Settlement Agreement: Cease and Desist from all insurance activity | 12/9/2002 |
| TIG Specialty Insurance Company Irving, TX |
Surplus Lines Company | 4131A | Paying Commission to Unlicensed Entity | Settlement Agreement: $8,500 Administrative Assessment; Cease and Desist | 12/9/2002 |
| Financial American Life Insurance Company Des Plaines, IL |
Life Insurance Company | 3698 | Marketing and sale of accident and health insurance without proper license | Settlement Agreement: $50,000 Fine; Compliance Program; Cease and Desist | 12/12/2002 |
| Woodward Insurance Agency LLC Lynn, MA |
Unlicensed | 4264 | Impersonation | Settlement Agreement: $1,500 Administrative Assessment; Cease and Desist | 12/13/2002 |
| Gennaco, Joseph Winthrop, MA |
Agent | 3549 | Failure to Maintain Trustworthiness and Suitability for Licensure; Failure to make required disclosure on license application | Settlement Agreement: $4,000 Administrative Assessment; Cease and Desist | 12/16/2002 |
| E.A. Kelley Co. Insurance Agency of Mass., Inc. East Providence, RI |
Property/Casualty Agency | 3639E | Paying Commission to Unlicensed Entity | Settlement Agreement: $150 Administrative Assessment; Cease and Desist | 12/23/2002 |