On May 23, 2016, a Division of Insurance Hearing Officer fined Germone A. Gadsden, of Charlotte, North Carolina a total of $5,500 arising out of a license misrepresentation regarding the payment of child support.
DOI News | Massachusetts Division of Insurance
News and updates from the Massachusetts Division of Insurance.
MA Commissioner Agrees With Plymouth Rock On Rule 29 Credit Appeal
June 7, 2016 – The Division’s decision concerns CAR’s proposed rule amendment that would have eliminated the existing credits rewarding insurance carriers that voluntarily insured motorists rated as class 10 whose vehicles have their principal places of garaging in Lynn, Lowell and Brockton.
License Lost After Racketeering Conviction For University Premium Fraud
An examination of the DOI’s May 27th decision resulting in fining John Paul Gutschlag of Frisco, Texas $6,500 for his actions.
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.
Division Again Denied Relief In Another Producer Discipline Hearing
May 3, 2016 – A case in which the Division sought discipline based upon a Resident Producer’s failure to place insurance for which he had received premiums.