New York State
Insurance Department
DISCIPLINARY ACTIONS
New York, January 28, 1999
The following tables show the Licensee in Column One, Address in Column Two, and the Penalty in Column Three. The bottom row of each table describes the circumstances.
Insurance Companies
STIPULATIONS
Disciplinary actions as a result of stipulations have been agreed to by the licensees.
| LICENSEE | ADDRESS | PENALTY |
| Zurich Insurance Company (U.S. Branch) |
1400 American Lane Schaumburg, IL |
$279,600 fine |
| A market conduct investigation revealed that during 1997 the company used policy forms and rates for its commercial public automobile insurance policies that had not been filed and approved by the Superintendent. | ||
| LICENSEE | ADDRESS | PENALTY |
| New York Life Insurance Company |
51 Madison Avenue New York, NY |
$200,000 fine |
| The company failed to maintain a system of control over its advertisements or a complete advertising file as required by Department regulations. The company also disseminated advertisements that were not sufficiently complete and clear to ensure they were not misleading or deceptive and that did not describe the types of policies advertised. In addition, the company violated Regulation 60 by failing to immediately notify companies whose insurance was being replaced and maintain copies of proposals; by accepting completed disclosure statements that did not meet the requirements of the Regulation. | ||
| LICENSEE | ADDRESS | PENALTY |
United States Life Ins. Co. in the City of New York |
125 Maiden Lane New York, NY |
$200,000 fine |
| The company violated the Insurance Law when it entered into various transactions involving the rendering of services on a regular or systematic basis with its parent of affiliates without notifying the Superintendent in writing at least 30 days before. The company also issued and delivered a group accidental death and disability policy for use by credit card issuers without the prior approval of the Superintendent. In addition, the company violated Regulation 60 when, from the early 1980s to September 1995, it waived the disclosure requirements for certain policies involving internal replacements. | ||
| LICENSEE | ADDRESS | PENALTY |
| First Sunamerica Life Insurance Company | 733 Third Avenue New York, NY |
$50,000 fine |
| In violation of Department regulations, the name and logo of the insurer’s parent company appeared in larger print than the name of the insurer in some of its advertisements. In addition, the insurer used annuity application forms without Department approval. | ||
| LICENSEE | ADDRESS | PENALTY |
| Glen Falls Insurance Company | CNA Plaza Chicago, IL |
$6,000 fine |
| A market conduct investigation revealed that the company violated the Insurance Law when, in 1996 it exceeded the maximum permissible number of nonrenewals of private passenger automobile insurance policies. A company is only allowed to nonrenew up to 2% of its business in any given territory. The company has agreed to limit to 1% specific 1998 nonrenewals to make up for the excessive 1996 nonrenewals. | ||
| LICENSEE | ADDRESS | PENALTY |
| Oriska Insurance Company | P.O. Box 400 Oriskany, NY |
$500 fine |
| The company failed to file a complete registration statement in that it did not submit a certification by an independent public accountant with its consolidated balance sheet for its ultimate holding company. | ||
FINES FOR LATE FINANCIAL STATEMENTS
The following health maintenance organizations (HMOs) have been fined for late submissions of their quarterly or annual financial statements.
| LICENSEE | ADDRESS | PENALTY |
| Community Health Plan | 1 CHP Plaza Latham, NY |
$10,000 fine |
| LICENSEE | ADDRESS | PENALTY |
| Physicians Health Services of New York, Inc. | 399 Knollwood Road White Plains, NY |
$2,000 fine |
| LICENSEE | ADDRESS | PENALTY |
| North Medical Community Health Plan, Inc. | 5112 West Taft Rd. Liverpool, NY |
$500 fine |
Agents, Brokers, Adjusters, Consultants and Others
HEARINGS
Disciplinary actions as a result of Department hearings are subject to judicial review and possible stay of enforcement.
| LICENSEE | ADDRESS | PENALTY |
| Anzelone, Salvatore J. (agent) |
411 John James Audubon Pkwy. Amherst, NY |
License revoked |
| Violated Department Regulation 60* when he placed a life insurance policy with The Prudential Insurance Company of America. | ||
| LICENSEE | ADDRESS | PENALTY |
| Apolito, Mario (broker) t/b/a Mario Apolito Broker |
2200 Grand Concourse New York, NY |
License revoked |
| Submitted several automobile insurance applications to an insurer listing the same non-owner driver and failed to furnish the Driver Verification form as required. In addition, he conducted an insurance business at an address that had not been recorded with the Department. | ||
| LICENSEE | ADDRESS | PENALTY |
| Arguello, Reynaldo (agent) |
123 Belmont Ave. Elmont, NY |
$5,500 fine |
| Paid personal expenses from his premium account. In addition, Arguello collected a premium payment and failed to forward it to the appropriate insurer or secure the coverage. | ||
| LICENSEE | ADDRESS | PENALTY |
| Arias, Jerry N. (broker) t/b/a J.A. Brokerage |
2404 Amsterdam Ave. New York, NY |
License revoked |
| Decertified from the New York Automobile Insurance Plan for various violations of Plan rules. In addition, during 1996 and 1997, Arias collected premium funds but failed to forward them to the appropriate insurer. | ||
| LICENSEE | ADDRESS | PENALTY |
| Boursiquot, Marie N. (broker) |
1102 Nostrand Ave. Brooklyn, NY |
License revoked |
| From October 1997 to January 1998, submitted to the New York Automobile Insurance Plan premium deposits with seven accompanying applications for insurance coverage. These checks were not written on an appropriate premium account and were dishonored by the bank. | ||
| LICENSEE | ADDRESS | PENALTY |
| Bronx General Ins. Brokerage,
Inc. (broker)
|
54 W. Kingsbridge Rd. Bronx, NY |
Licenses revoked |
| Issued premium checks that were dishonored by the bank, only some of which were replaced. In addition, Bronx General was decertified from the New York Automobile Insurance Plan for various violations of Plan rules. The brokerage also failed to forward premium checks to the appropriate insurers. | ||
| LICENSEE | ADDRESS | PENALTY |
| Burns, William (broker) |
31 Newtown Ave. Seldon, NY |
License revoked |
| Decertified by the New York Automobile Insurance Plan for various violations of Plan rules. In addition, Burns issued more than 90 premium checks that were dishonored by the bank, only some of which were replaced. He also permitted an unlicensed individual to manage and operate his insurance business during frequent absences, and also failed to remit premiums to the New York Automobile Insurance Plan in a timely manner or at all. | ||
| LICENSEE | ADDRESS | PENALTY |
| Calabrese, Maria (broker) |
39 E. Brandis Ave. Staten Island, NY |
License revoked |
| On one occasion, collected a premium payment but failed to forward it to the appropriate insurer. On another occasion, Calabrese collected premium funds but remitted only a portion to the insurer. | ||
| LICENSEE | ADDRESS | PENALTY |
| Capellan, Rafael (broker) |
4712 Broadway New York, NY |
License revoked |
| Issued premium checks that were dishonored by the bank, only some of which were replaced. Capellan also submitted an auto insurance application in which the listed operator denied knowing the applicant, and produced a phony Driver Verification From when questioned by the Department. | ||
| LICENSEE | ADDRESS | PENALTY |
| CCS Property and Casualty Insurance Brokerage, Inc. (broker) Edwards, Yvonne C. |
231 W. 145th St. New York, NY 200 W. 147th St. |
License revoked Licenses revoked |
| Issued premium checks that were dishonored by the bank, only some of which were replaced, conducted insurance business under an unlicensed name, and failed to remit a premium payment to the appropriate insurer in a timely manner. | ||
| LICENSEE | ADDRESS | PENALTY |
| Charles, Joseph A. (agent) |
3125 Emmons Ave. Brooklyn, NY |
License revoked |
| Charles failed to respond to Department inquiries concerning his arrest for possessing stolen checks in September 1996. He also failed to notify the insurance company that employed him. | ||
| LICENSEE | ADDRESS | PENALTY |
| Divino, Joseph (agent) |
347 Johnsons La. West Hempstead, NY |
$500 fine |
| Falsely stated on his renewal application that he had not been charged by any governmental agency with any irregularities, had not been fined nor had his license revoked. In fact, Divino had his agent license revoked by the State of New Jersey in 1996 for violation of the New Jersey Insurance Law. In addition, Divino was fined $400 in 1996 for violation of the New York Insurance Law. | ||
| LICENSEE | ADDRESS | PENALTY |
| Dolan, Kenneth P. (agent) |
108 Baltimore St. Bayshore, NY |
License revoked |
| Collected premium funds but failed to forward them to the appropriate insurers. In addition, he issued premium checks that were dishonored by the bank. | ||
| LICENSEE | ADDRESS | PENALTY |
| Doubass, Moulaye F. (broker) t/b/a DFM Insurance Brokerage |
1146 E. 224th St. Bronx, NY |
License revoked |
| Issued premium checks that were dishonored by the bank and not replaced. | ||
| LICENSEE | ADDRESS | PENALTY |
| Espinal, Domingo (broker) |
500 West 170th St. New York, NY |
License revoked |
| Decertified from the New York Automobile Insurance Plan in April 1998 for a six-month period for various violations of Plan rules. Espinal has been disciplined by the Department on two prior occasions. The Department’s decision has been stayed pending an Article 78 proceeding. | ||
| LICENSEE | ADDRESS | PENALTY |
| Express-Line Ins. Brokerage, Inc. (broker) Rivera, Julius A. |
806 South St. Peekskill, NY same as above |
$7,500 fine |
| Decertified from the New York Automobile Insurance Plan for various violations of Plan rules. Also collected commissions to which they were not entitled. | ||
| LICENSEE | ADDRESS | PENALTY |
| Family Multi Service Corp. (broker) Latimer, Bienvenido |
716 E. 219th St. Bronx, NY 92-67 218th St. |
Licenses revoked Licenses revoked |
| Decertified from the New York Automobile Insurance Plan for various violations of Plan rules. | ||
| LICENSEE | ADDRESS | PENALTY |
| Faulkner Jr., Donald E. (agent) |
11975 Westline Dr. St. Louis, MO |
License revoked |
| Faulkner’s license was revoked by the Florida Insurance Department in 1997 for failure to disclose the fact that he had pled guilty to assault and armed criminal action in 1987 in Missouri. On his application for licensure in New York, Faulkner denied having been convicted of any prior crime. | ||
| LICENSEE | ADDRESS | PENALTY |
| Ferman, Randall S. (agent) |
4 Gatehall Dr. Parsippany, NJ |
License revoked |
| Failed to respond to Department requests for additional information after he reported on his renewal application that he had been judged bankrupt. | ||
| LICENSEE | ADDRESS | PENALTY |
| Gogna, Rajesh K. (agent) |
168 San Juan Ave. Albertson, NY |
License revoked |
| Pled guilty in 1997 to credit card fraud and was sentenced to five years probation and restitution. | ||
| LICENSEE | ADDRESS | PENALTY |
| Greenstein, Mark P. (agent) |
111 Blue Hill Commons Orangeburg, NY |
License revoked |
| Greenstein’s nonresident producer license was revoked by the State of New Jersey and he was fined for various serious violations of New Jersey Insurance Law. He did not respond to Department inquiries into this matter. | ||
| LICENSEE | ADDRESS | PENALTY |
| Gruning, Christopher P. (agent) |
75 Bryon Hill Rd. Milford, CT |
$2,500 fine |
| Signed the names of two clients to a life insurance application without their permission. | ||
| LICENSEE | ADDRESS | PENALTY |
| Hall, Sandra A. (agent) |
5607 Avenue J Brooklyn, NY |
License revoked |
| Failed to forward premium payments to an insurer in a timely manner. | ||
| LICENSEE | ADDRESS | PENALTY |
| Hamilton Brokerage, Inc. (broker) Diaz, Michael A. |
5 Hamilton Pl. New York, NY 14 Buena Vista Rd. |
License revoked Licenses revoked |
| Decertified from the New York Automobile Insurance Plan for various violations of Plan rules. | ||
| LICENSEE | ADDRESS | PENALTY |
| Hong, Chit-Kian (broker) t/b/a Stanley Insurance Brokerage Company |
136-65 Roosevelt Ave. Flushing, NY same as above |
$6,000 fine |
| Decertified from the New York Automobile Insurance Plan for a 30-day period in 1996 for various violations of Plan rules. In addition, Hong commingled premiums with business expenses; charged a service fee without obtaining a signed written agreement from the client; and provided to several car dealerships signed temporary auto insurance identification card thus enabling unlicensed persons to solicit and sell auto insurance. In addition, Hong issued two insurance policy declaration pages on Country-Wide Insurance Company forms, indicating insurance coverage had been written when, in fact, it had not, because at the time, Hong had no authority to act on behalf of Country-Wide. | ||
| LICENSEE | ADDRESS | PENALTY |
| JLS & Associates, Inc. (agent) Linder, Barry L. |
43 Diamond Dr. Plainview, NY same as above |
$2,500 fine |
| Pled guilty to disorderly conduct for having committed an insurance fraud. | ||
| LICENSEE | ADDRESS | PENALTY |
| Johnson, Orgen D. (broker) t/b/a Personal Touch Insurance Brokerage |
1525A Pitkin Ave. Brooklyn, NY |
License revoked |
| Issued premium checks that were dishonored by the bank, only some of which were replaced. Johnson was decertified from the New York Automobile Insurance Plan for a six-month period in 1997 for various violations of Plan rules. He also collected premium funds which he failed to forward to the appropriate insurer. | ||
| LICENSEE | ADDRESS | PENALTY |
| Keding, Kevin M. (agent) |
308 E. Broadway Fulton, NY |
License revoked |
| Collected premium funds and failed to forward them to the appropriate insurer. Keding also issued numerous premium checks that were dishonored by the bank, most of which have not been replaced. | ||
| LICENSEE | ADDRESS | PENALTY |
| Lady Liberty Ins. Brokerage, Inc. (broker) Sharma, Mangat R. |
34-27 74th St. Jackson Heights, NY same as above |
Licenses revoked Licenses revoked |
| Decertified from the New York Automobile Insurance Plan for various violations of Plan rules. Sharma also listed a false driver on auto insurance applications for three different vehicles and failed to submit driver verification forms. | ||
| LICENSEE | ADDRESS | PENALTY |
| Lambert, Jennifer A. (broker) |
2035 Nereid Ave. Bronx, NY |
License revoked |
| Collected premium funds but failed to forward them to the appropriate insurer, collected service fees without obtaining signed written agreements and conducted an insurance business in the name of an unlicensed entity. Lambert was also decertified from the New York Automobile Insurance Plan for various violations of Plan rules. | ||
| LICENSEE | ADDRESS | PENALTY |
| Lee, Duckjae (agent) |
641 88th St. Brooklyn, NY |
License revoked |
| Forged a client’s signature on unauthorized loans which he then converted to his own use. | ||
| LICENSEE | ADDRESS | PENALTY |
| McCreath, Ruby T. (broker) |
484 Hempstead Turnpike Elmont, NY |
License revoked |
| Issued 21 premium checks that were dishonored by the bank, only one of which was replaced. In addition, McCreath was decertified from the New York Automobile Insurance Plan for various violations of Plan rules. | ||
| LICENSEE | ADDRESS | PENALTY |
| Montero, Simon A. (broker) |
23-15 30th Avenue Astoria, NY |
License revoked |
| Decertified from the New York Automobile Insurance Plan for various violations of Plan rules. He also collected premium funds but did not forward them to the appropriate insurers. | ||
| LICENSEE | ADDRESS | PENALTY |
| Moontas Enterprises (broker) Ali, Moontas |
133-08 Rockaway Blvd. So. Ozone Park, NY same as above |
Licenses revoked Licenses revoked |
| On nine occasions, submitted applications to the New York Automobile Insurance Plan for the same client with low premium deposits and underestimated premium amounts. This practice, known as lowballing, occurs when an agent or broker intentionally misquotes premium information in order to undercut the competition. Although the insured’s deposit reflects the quoted lower premium, the policyholder is eventually billed by the insurer for the difference. | ||
| LICENSEE | ADDRESS | PENALTY |
| Ndaw, Marie S. (broker) |
1310 Sheridan Ave. Bronx, NY |
License revoked |
| Decertified from the New York Automobile Insurance Plan for various violations of Plan rules. Ndaw also permitted an unlicensed person to conduct her insurance business. | ||
| LICENSEE | ADDRESS | PENALTY |
| Nelson, Dennis W. (broker) |
609 Saw Mill River Rd. Ardsley, NY |
License revoked |
| Collected premium funds, but remitted only a portion to the insurer. | ||
| LICENSEE | ADDRESS | PENALTY |
| Ortiz-Quiles, Ramon A. (agent) |
10 River Rd. New York, NY |
License revoked |
| Failed to respond to Department requests for additional information when he reported on his license renewal application that he had been judged bankrupt. | ||
| LICENSEE | ADDRESS | PENALTY |
| Petruzillo, Michael J. (agent & broker) |
1221 Rhinelander Ave. Bronx, NY |
Licenses revoked |
| Petruzillo collected premium funds but failed to forward them to the appropriate insurers. He also transacted an insurance business under an unlicensed name. | ||
| LICENSEE | ADDRESS | PENALTY |
| Phillips, Lloyd T. (broker) |
711-A Seagirt Ave. Far Rockaway, NY |
License revoked |
| Decertified from the New York Automobile Insurance Plan for various violations of Plan rules. | ||
| LICENSEE | ADDRESS | PENALTY |
| Poliard, Abner H. (broker) |
832 Rogers Ave. Brooklyn, NY |
License revoked |
| Decertified from the New York Automobile Insurance Plan for various violations of Plan rules. In addition, Poliard issued premium checks that were dishonored by the bank and not replaced and commingled premiums with personal funds. | ||
| LICENSEE | ADDRESS | PENALTY |
| Pro-Line Brokerage, Inc. (broker) Beauchamp, William G. |
67 Bruckner Blvd. Bronx, NY same as above |
Licenses revoked Licenses revoked |
| Issued premium checks that were dishonored by the bank and not replaced. | ||
| LICENSEE | ADDRESS | PENALTY |
| Ramirez, Juan (broker) |
91-11 31st Ave. East Elmhurst, NY |
License revoked |
| Issued premium checks that were dishonored by the bank and never replaced. | ||
| LICENSEE | ADDRESS | PENALTY |
| Rivera, Liana (broker) |
43 Winthrop Dr. Peekskill, NY |
License revoked |
| Rivera issued premium checks that were dishonored by the bank. At a Department audit, Rivera produced a forged letter purportedly from her bank explaining why the checks were dishonored. | ||
| LICENSEE | ADDRESS | PENALTY |
| Scher, Peter A. (broker) |
83-43 118th St. Kew Gardens, NY |
License revoked |
| Collected premium funds but failed to forward them to the appropriate insurers. Scher also commingled premiums with other funds. | ||
| LICENSEE | ADDRESS | PENALTY |
| Serge Kichenama and Associates (broker) Kichenama, Carmen |
465 W. 125th St. New York, NY same as above |
License revoked Licenses revoked |
| Decertified from the New York Automobile Insurance Plan for various violations of Plan rules. Also issued premium checks that were dishonored by the bank, only some of which were replaced and allowed an unlicensed individual to conduct the business of insurance. | ||
| LICENSEE | ADDRESS | PENALTY |
| Shkreli, Anthony N. (agent) |
2195 Muliner Ave. Bronx, NY |
License revoked |
| Failed to pay a fine assessed by the Department in connection with issuing premium checks that were dishonored by the bank, but subsequently replaced. In addition, Shkreli commingled premiums with other funds. | ||
| LICENSEE | ADDRESS | PENALTY |
| Simon, Jean R. Jean (broker) |
147-08 Hillside Ave. Jamaica, NY |
License revoked |
| Issued premium checks that were dishonored by the bank and not replaced. In addition, on numerous occasions Simon collected premium funds and failed to forward them to the appropriate insurers or otherwise account for them. Simon also was decertified from the New York Automobile Insurance Plan for various violations of Plan rules. | ||
| LICENSEE | ADDRESS | PENALTY |
| Simpson, D. Phillip (agent) |
88-E. 23rd St. Huntington Station, NY |
License revoked |
| Failed to respond to Department inquiries for more information after he reported on his license renewal application that he had been judged bankrupt. | ||
| LICENSEE | ADDRESS | PENALTY |
| Star Brokerage Company (broker) Ahmad, Zahir |
1115 Kings Highway Brooklyn, NY same as above |
License revoked Licenses revoked |
| Failed to pay a fine assessed by the Department in connection with collecting premium funds but failing to procure the appropriate insurance coverage. Zahir also advised the client that insurance was in effect when, in fact, it was not. | ||
| LICENSEE | ADDRESS | PENALTY |
| Taurus Enterprises, Inc. (broker) Lambrou, Demetris S. |
43-10 162nd St. Flushing, NY same as above |
License revoked Licenses revoked |
| Issued premium checks that were dishonored by the bank, most of which were not replaced; conducted an insurance business under an unlicensed name; collected premium funds but failed to forward them to the appropriate insurer; failed to properly maintain their premium account; and was decertified from the New York Automobile Insurance Plan for various violations of Plan rules. | ||
| LICENSEE | ADDRESS | PENALTY |
| Tejeda, David E. (broker) |
3263 Davie Blvd. Ft. Lauderdale, FL |
License revoked |
| Decertified from the New York Automobile Insurance Plan for issuing temporary automobile insurance identification cards without submitting the corresponding applications or deposits | ||
| LICENSEE | ADDRESS | PENALTY |
| Torres, Juan Jr. (broker) t/b/a JTJ Insurance Agency |
97 Graham Ave. Brooklyn, NY |
License revoked |
| Issued 19 premium checks that were dishonored by the bank, all but one of which were replaced; collected premium funds but failed to properly remit them to the appropriate insurers; and was decertified from the New York Automobile Insurance Plan for various violations of Plan rules. | ||
| LICENSEE | ADDRESS | PENALTY |
| Victor, Joseph M. (broker) t/b/a J.P. Brokerage Company |
3115 Quentin Rd. Brooklyn, NY |
License revoked |
| Issued premium checks that were dishonored by the bank and allowed an unlicensed individual to issue premium checks using a personal checking account. Victor also collected premium funds but failed to forward them to the appropriate insurers. | ||
| LICENSEE | ADDRESS | PENALTY |
| Victoria, Jimmy (broker) |
81-11 Roosevelt Ave. Jackson Heights, NY |
License revoked |
| Collected a premium payment but failed to forward it to a finance company. Victoria also issued premium checks that were dishonored by the bank, only some of which were replaced. | ||
| LICENSEE | ADDRESS | PENALTY |
| Villani, Frank A. (public adjuster) |
145 Charles Ave. Staten Island, NY |
License revoked |
| Participated in a scheme in which a water damage loss was inflated for the purpose of defrauding an insurer. | ||
| LICENSEE | ADDRESS | PENALTY |
| Wiggins, James Alexander (agent) |
2552 Compostella Rd. Chesapeake, VA |
License revoked |
| Wiggins denied on his New York renewal application that he had a license revoked by a governmental agency. In fact, Wiggins’s license was revoked by the State of Alabama. | ||
| LICENSEE | ADDRESS | PENALTY |
| Williams, Marlon T. (agent) |
40 Morris Avenue Bryn Mawr, PA |
License revoked |
| Williams denied on the New York license application that he had ever been convicted of any criminal action or had a license revoked by any governmental authority. In fact, Williams’ license was revoked by the Insurance Department of the State of Washington for failure to disclose his criminal record. | ||
| LICENSEE | ADDRESS | PENALTY |
| Zervos, Leonidas L. (broker) |
25-42A 36th St. Astoria, NY |
License revoked |
| Received returned premium funds but forged the insured’s signature and converting the funds to his own use. In addition, on two occasions, Zervos submitted an application to the New York Automobile Insurance Plan on which the designated operator denied knowing the applicant. | ||
STIPULATIONS
Disciplinary actions as a result of stipulations have been agreed to by the licensees.
| LICENSEE | ADDRESS | PENALTY |
| Amabile, A. George (agent & broker) |
13 Mandy Lane Mahopac, NY |
$250 fine |
| Sold memberships in the American Motor Club thus aiding unlicensed insurers to do an insurance business in New York State. | ||
| LICENSEE | ADDRESS | PENALTY |
| Amankwaa, Kofi O. (broker) t/b/a Beak Brokerage Services |
23 Kester Dr. Edison, NJ |
$3,000 fine |
| Submitted an application for automobile insurance in which the applicant was different from the listed driver and failed to complete a Driver Verification Form. Also submitted letters to the New York State Department of Motor Vehicles stating that insurance coverage was in effect when, in fact, it had lapsed. | ||
| LICENSEE | ADDRESS | PENALTY |
| Astromundo Agency, Inc (broker) Alvarez, Raquel V. |
5203 4th Ave. Brooklyn, NY same as above |
$3,000 fine |
| Issued premium checks that were dishonored by the bank, but subsequently replaced. | ||
| LICENSEE | ADDRESS | PENALTY |
| Bernal, Josefina (broker) |
2109 Grand Concourse Bronx, NY |
$1,000 fine |
| Issued premium checks that were dishonored by the bank, but subsequently replaced. Bernal also commingled premiums with other funds. | ||
| LICENSEE | ADDRESS | PENALTY |
| Canet, Maria R. (broker) |
94-20 ½ Roosevelt Ave. Jackson Heights, NY |
$1,750 fine |
| Decertified from the New York Automobile Insurance Plan for various violations of Plan rules. | ||
| LICENSEE | ADDRESS | PENALTY |
| Crimmins, Edward (agent) |
4104 Old Vestal Rd. Vestal, NY |
License revoked |
| Submitted numerous applications for insurance without the knowledge or permission of the insureds. | ||
| LICENSEE | ADDRESS | PENALTY |
| Cruz, Juan A. (agent) |
2990 Webster Ave Bronx, NY |
$1,500 fine |
| Issued premium checks that were dishonored by the bank, but subsequently replaced. Cruz also commingled premiums with other funds. | ||
| LICENSEE | ADDRESS | PENALTY |
| Cruz, James B. (broker) |
7116 Fort Hamilton Parkway Brooklyn, NY |
License revoked |
| Submitted premium finance agreements for insurance policies that did not exist. Also issued temporary automobile insurance identification cards but failed to secure the appropriate coverage. | ||
| LICENSEE | ADDRESS | PENALTY |
| DeLaCruz, Nestor (broker) |
3472 Broadway New York, NY |
$1,000 fine |
| Issued premium checks that were dishonored by the bank, but subsequently replaced. Also commingled premiums with other funds. | ||
| LICENSEE | ADDRESS | PENALTY |
| Dorian Agency Ltd. (agent & broker) Asvazadourian, Edward |
357 Elwood Ave. Hawthorne, NY same as above |
$2,000 fine |
| Collected premium funds to obtain a life insurance policy through Gerber Life Insurance Company, but instead placed the coverage with an unlicensed insurer. | ||
| LICENSEE | ADDRESS | PENALTY |
| Dra-How Agency, Inc. (broker) Drafts, Tarance F. |
2490 8th Ave. New York, NY 205-20 111th Rd. |
$500 fine |
| Issued premium checks that were dishonored by the bank, but subsequently replaced. | ||
| LICENSEE | ADDRESS | PENALTY |
| Eastern Adjustment Bureau, Inc. (adjuster) Oliviero, Dominick |
88 Rockaway Ave. Valley Stream, NY same as above |
$500 fine |
| Failed to remit insurance proceeds to his client in a timely manner. | ||
| LICENSEE | ADDRESS | PENALTY |
| Ecuamundo Brokerage Corp. (broker) Espinosa, Iban N. |
242 Wyckoff Ave. Brooklyn, NY 80-02 Sutter Ave. |
$500 fine |
| Failed to remit premium funds to the appropriate insurers in a timely manner, and collected fees in excess of the maximum allowable service charge. | ||
| LICENSEE | ADDRESS | PENALTY |
| Englerth, Christopher S. (independent adjuster) |
3240 Chili Ave Rochester, NY |
$250 fine |
| Acted in the capacity of an independent adjuster after his license had lapsed. He has since submitted a renewal application. | ||
| LICENSEE | ADDRESS | PENALTY |
| Franklin, Roger A. (agent) |
13 Shelbourne Court Williamsville, NY |
$3,143 fine |
| Paid commissions to an unlicensed employee for insurance business written. | ||
| LICENSEE | ADDRESS | PENALTY |
| Garcia, Hilda (broker) |
1880 Lafayette Ave. Bronx, NY |
$2,500 fine |
| Decertified from the New York Automobile Insurance Plan for various violations of Plan rules. Garcia also permitted automobile insurance identification cards to be issued by an unlicensed person. | ||
| LICENSEE | ADDRESS | PENALTY |
| Green, William T. (agent) |
36 Ledgeview Dr. Lake George, NY |
License revoked |
| Submitted a fictitious application for insurance coverage for the purpose of collecting commissions. | ||
| LICENSEE | ADDRESS | PENALTY |
| Hah, Hyung S. (broker) |
45-74 Kissena Blvd. Flushing, NY |
$1,500 fine |
| Issued premium checks that were dishonored by the bank, but subsequently replaced. Hah also commingled premiums with other funds. | ||
| LICENSEE | ADDRESS | PENALTY |
| Hanoyan, Zachary Scott (agent) |
1 Federal Street Boston, MA |
$500 fine |
| Did not report on his licensing information that he had been disciplined by the National Association of Securities Dealers. | ||
| LICENSEE | ADDRESS | PENALTY |
| Hernandez, Yvonne (broker) t/b/a Hernz Ins. Brokerage |
4-A Suffolk Ave. | $500 fine |
| Issued two premium checks that were dishonored by the bank, but subsequently replaced. | ||
| LICENSEE | ADDRESS | PENALTY |
| Iyamu, Matthew O. (broker) t/b/a Iyamu Brokerage |
1091 Prospect Avenue Bronx, NY |
$2,000 fine |
| Decertified from the New York Insurance Automobile Plan for various violations of Plan rules. | ||
| LICENSEE | ADDRESS | PENALTY |
| Jack J. Passiatore & Assocs.
Inc. (agent & broker) Passiatore, Jack J. Passiatore, Lawrence W. |
2506 E. Tremont Ave. Bronx, NY 125 N. Washington Ave. 125 N. Washington Ave. |
$1,000 fine |
| Issued premium checks that were dishonored by the bank, but subsequently replaced. | ||
| LICENSEE | ADDRESS | PENALTY |
| Joseph, Herby (broker) |
753 Linden Blvd. Brooklyn, NY |
$2,560 fine |
| Decertified from the New York Insurance Automobile Plan for various violations of Plan rules. | ||
| LICENSEE | ADDRESS | PENALTY |
| Kim, In S. (broker) |
41-16 77th St. Elmhurst, NY |
$1,500 fine |
| Kim commingled premiums with other funds; issued a premium check that was dishonored by the bank, but subequently replaced; and conducted insurance business under an unlicensed name. | ||
| LICENSEE | ADDRESS | PENALTY |
| Krupski, Sandra (agent) |
605 Riverview Rd. Rexford, NY |
License revoked |
| Krupski pled guilty in April 1998 to grand larceny in the second degree and grand larceny in the fourth degree for embezzlement of funds from her employer. She had also pled guilty in 1991 to grand larceny in the fourth degree for embezzlement. | ||
| LICENSEE | ADDRESS | PENALTY |
| Lewis, Thomas J. III (agent) |
119 Pierson Ave. Newark, NY |
License revoked |
| Convicted of scheme to defraud in the second degree for issuing premium checks that were dishonored by the bank. As a condition of his probation, Lewis is prohibited from any employment under the jurisdiction of the Insurance Department. | ||
| LICENSEE | ADDRESS | PENALTY |
| Lieberman, Steven M. (broker) |
9719 Church Ave. Brooklyn, NY |
$1,000 fine |
| Submitted a Driver Verification Form to the New York Automobile Insurance Plan without properly verifying the identity of the principal operator. | ||
| LICENSEE | ADDRESS | PENALTY |
| Martinell, Kevin F. (agent) |
45 Larch Ave. Floral Park, NY |
$1,435.75 fine |
| Violated Department Regulation 60* when he placed a life insurance policy with The Prudential Insurance Company of America.. | ||
| LICENSEE | ADDRESS | PENALTY |
| McCabe, Kathryn A. (agent) |
830 Jay St. Albany, NY |
License revoked |
| McCabe allowed a revoked licensee to write insurance business using her license. | ||
| LICENSEE | ADDRESS | PENALTY |
| M.D.S. Assoc. of N.Y. Ltd (agent and broker) Paparopoli, Maria A. |
9301 Avenue L Brooklyn, NY |
$250 fine |
| Submitted applications containing insufficient premium funds to the New York Automobile Insurance Plan. | ||
| LICENSEE | ADDRESS | PENALTY |
| Rayo, Robert J. (agent and broker) |
7588 Rania Rd. Baldwinsville, NY |
$750 fine |
| Hampered and impeded a Department investigation by failing to respond to numerous requests for information. | ||
| LICENSEE | ADDRESS | PENALTY |
| Renex Brokerage (broker) Sobers, Marcia |
1795 Flatbush Ave. Brooklyn, NY 1682 Flatbush Ave. |
$1,500 fine |
| Issued premium checks that were dishonored by the bank, but subsequently replaced. | ||
| LICENSEE | ADDRESS | PENALTY |
| Ramos, Henry (broker) |
1703 Jerome Ave. Bronx, NY |
License revoked |
| Issued premium checks that were dishonored by the bank, but were subsequently replaced. Ramos also commingled premiums with personal funds; was decertified from the New York Automobile Insurance Plan for various violations of Plan rules; and conducted insurance business under an unlicensed name. | ||
| LICENSEE | ADDRESS | PENALTY |
| Samaritano, Frank (independent adjuster) |
145 Charles Ave. Staten Island, NY |
$10,000 fine and License suspended for one year |
| Participated in a scheme in which a water damage loss was inflated for the purpose of defrauding an insurer. | ||
| LICENSEE | ADDRESS | PENALTY |
| Santiago, Miguel A. (broker) t/b/a MAS Brokerage |
253 Bushwick Ave. Brooklyn, NY |
License revoked |
| Issued premium checks that were dishonored by the bank, most of which were not replaced; commingled premiums with other funds; and collected premium funds but remitted only a portion to the insurer. | ||
| LICENSEE | ADDRESS | PENALTY |
| Suffolk Agency, Inc. (broker) Simon, Karl W. East Coast Insurance Agency, Simon, Wanda L |
382 Route 112 Patchogue, NY same as above 1723 Middle Country Rd. same as above |
License revoked Licenses revoked License revoked Licenses revoked |
| Decertified from the New York Automobile Insurance Plan for various violations of Plan rules; failed to remit premium funds to insurers in a timely manner; conducted an insurance business under an unlicensed name; and allowed unlicensed individuals to conduct insurance business. | ||
| LICENSEE | ADDRESS | PENALTY |
| Violette, Katherine L. (independent adjuster) Carson, Catherine N. Charbonneau, Laurie Collins, Stephanie R. Firlet, Kathleen M. Fowler, Maryann Gromko, Derek M. Hastings, Brenda M. Jobes, Raymond G. LaFramboise, Peter J. McGrath, Kelly M. Papke, Erin M. Parks, Renee M. Radko, John D. Raymond, Jeffrey K. Rose, Sean L. Sirianni, Cynthia Mary Jo Smith, Curtiss R. Urkevich, Terri L. Valente, Anthony J. Wilson, Keith B. Yerou, Peter |
100 State Farm Place Ballston Spa, NY Same as above Same as above Same as above Same as above Same as above Same as above Same as above 1294B Rt. 9P 100 State Farm Place Same as above Same as above Same as above Same as above Same as above 643 Rte. 211E 100 State Farm Place Same as above Same as above Same as above Same as above Same as above |
$1,500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine $500 fine |
| Violette, a team manager for State Farm Insurance Company, reported inaccurate information on her licensing application and instructed applicants for adjuster licenses to submit applications that did not conform to the Insurance Law. These other independent adjusters listed above also reported inaccurate information on their licensing applications. | ||
| LICENSEE | ADDRESS | PENALTY |
| Wittke, Michael (broker) t/b/a Niagara Frontier Agency Services |
12 Main St. Hamburg, NY |
License revoked |
| Wittke has been charged with forgery, criminal possession of a forged instrument and petty larceny in connection with collecting premium funds but failing to forward them to the appropriate insurers. | ||
* Regulation 60 requires agents to provide prospective life insurance purchasers with pertinent facts when the purchase will cause the buyer to surrender, lapse, or in any way change the status of an existing life insurance policy. The agent must obtain a signed statement from the insured if the purchase will replace an existing policy. The agent must provide the purchaser with a disclosure statement and a notice regarding replacement of life insurance.