G.L. c. 176D, § 7 | Agency Checklists

If after [a] hearing, the commissioner shall determine that the person charged has engaged in an unfair or deceptive act or practice he shall…issue…an order requiring such person to cease and desist from engaging in such method of competition, act or practice…and may suspend or in the case of repeated violations revoke the license of such a party. In addition whoever commits such an act or practice shall be punished by a fine of not more than one thousand dollars for each and every act or practice…

DOI Revokes License of Mass. Agent For Misappropriating Premiums
June 21, 2013 - An agent enforcement action involving the revocation of a producer's license for converting an insured's premiums.
DOI Fines Producer And Revokes License For Premium Theft From Two Agencies
May 11, 2014 - The two agencies affected by the Producer's actions were each located in the Boston area.
Massachusetts Agencies Not Logging Complaints Run Legal Risk
May 30, 2014 - Massachusetts law requires "insurance agents, brokers and adjusters" to keep a record of complaints for two years.
DOI fines agent $4000 for not reporting license revocations
Mass. DOI Fines Producer $8000 For Failing To Report Administrative Proceedings
May 24, 2016 - The case involves an Amica call center employee with nonresident licenses in multiple states.
DOI Moves To Revoke John Rapo’s And Rapo & Jepsen’s Producer Licenses And Impose Fines
Arbella cancelled Rapo & Jepsen alleging premium fraud now the DOI has filed to revoke the agency's and its owner's licenses.
Mass. DOI Hearing Officer Revokes Five Producers’ Licenses And Issues Fines Totaling $7,000
The Division of Insurance revokes five individuals nonresident producer licenses and fines each of them based on their failure to report administrative proceedings against them.
Mass. Division of Insurance Hearing Officer Revokes Producer’s License and Fines Him $3,000
An insurance producer holding a nonresident license had his license revoked and fined $3,000 for failing to report out-of-state administrative actions.
Mass. Agent Who Disappeared With Insureds’ Premiums Surrenders License And Avoids Fines
A Lowell-based insurance producer, who disappeared with insureds' premium payments, is allowed to surrender his licenses.
Producer With Revoked Insurance License Charged In Fraudulent Annuity Sale
A producer who lost his license in 2016, for fraud and forgery now charged with selling a nonexistent annuity to a trusting client of his financial planning business.

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