Since June 16, 2020, the DOI has issued eight decisions revoking the nonresident producer licenses of eight individuals in Massachusetts.
MA Law | DOI Insurance Licensing Cases | Agency Checklists
An archive of insurance licensing cases and decisions by the Massachusetts Division of Insurance involving Resident & Non-Resident Producers in the Commonwealth.
Massachusetts Division of Insurance Fines & Special Investigations During 2019
The DOI Special Investigations Unit was involved in a total of 29 special investigations during 2019.
Mass. DOI Revokes Producers’ Licenses and Issues Fines Of $2,250
The Massachusetts Division of Insurance issued two separate decisions involving producer licensing violations which resulted in fines of $2,250.
Insurance Producer Who Lost Home State License For False Applications Fined $750 In Massachusetts For Failing To Report
A Pennsylvania insurance agent caught submitting 225 bogus applications to get advance commissions fined in Mass. for failing to report license revocation.
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.
