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)


Calderon, Jose A.
(sublicensee)

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.
(agent, broker, & sublicensee)

231 W. 145th St.
New York, NY
 

200 W. 147th St.
New York, NY

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.
(broker & sublicensee)

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
(agent & sublicensee)

716 E. 219th St.
Bronx, NY

92-67 218th St.
Queens Village, NY

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.
(broker & sublicensee)

5 Hamilton Pl.
New York, NY

14 Buena Vista Rd.
New City, NY

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.
(agent & sublicensee)

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.
(broker & sublicensee)

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
(broker & sublicensee)

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.
(broker & sublicensee)

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
(broker & sublicensee)

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
(broker & sublicensee)

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.
(broker & sublicensee).

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.
(broker & sublicensee)

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 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
(agent & sublicensee)

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.
(agent & sublicensee)

2490 8th Ave.
New York, NY

205-20 111th Rd.
Hollis, NY

$500 fine
Issued premium checks that were dishonored by the bank, but subsequently replaced.

 

LICENSEE ADDRESS PENALTY
Eastern Adjustment Bureau,
Inc.
(adjuster)

Oliviero, Dominick
(adjuster & sublicensee)

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.
(broker and sublicensee)

242 Wyckoff Ave.
Brooklyn, NY

80-02 Sutter Ave.
Ozone Park, NY

$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.
(agent, broker & sublicensee)

Passiatore, Lawrence W.
(agent, broker & sublicensee)

2506 E. Tremont Ave.
Bronx, NY
 

125 N. Washington Ave.
Hartsdale, NY

125 N. Washington Ave.
Hartsdale, NY

$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.
(sublicensee)

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
(broker & sublicensee)

1795 Flatbush Ave.
Brooklyn, NY

1682 Flatbush Ave.
Brooklyn, NY

$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.
(broker & sublicensee)
t/b/a Suffolk Insurance
Agency

East Coast Insurance Agency,
Inc.
(broker)

Simon, Wanda L
(broker & sublicensee)

382 Route 112
Patchogue, NY

same as above
 
 
 

1723 Middle Country Rd.
Centereach, NY
 

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.
(independent adjuster)

Charbonneau, Laurie
(independent adjuster)

Collins, Stephanie R.
(independent adjuster)

Firlet, Kathleen M.
(independent adjuster)

Fowler, Maryann
(independent adjuster)

Gromko, Derek M.
(independent adjuster)

Hastings, Brenda M.
(independent adjuster)

Jobes, Raymond G.
(independent adjuster)

LaFramboise, Peter J.
(independent adjuster)

McGrath, Kelly M.
(independent adjuster)

Papke, Erin M.
(independent adjuster)

Parks, Renee M.
(independent adjuster)

Radko, John D.
(independent adjuster)

Raymond, Jeffrey K.
(independent adjuster)

Rose, Sean L.
(independent adjuster)

Sirianni, Cynthia Mary Jo
(independent adjuster)

Smith, Curtiss R.
(independent adjuster)

Urkevich, Terri L.
(independent adjuster)

Valente, Anthony J.
(independent adjuster)

Wilson, Keith B.
(independent adjuster)

Yerou, Peter
(independent adjuster)

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
Saratoga Springs, NY

100 State Farm Place
Ballston Spa, NY

Same as above
 

Same as above
 

Same as above
 

Same as above
 

Same as above
 

643 Rte. 211E
Middletown, NY

100 State Farm Place
Ballston Spa, NY

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.