For the Third Quarter, there was a marked decrease in the amount of fines imposed by the Division of Insurance as compared to both Q1-2018 and Q2-2018.
Insurance Producer Licensing | Massachusetts Division of Insurance
Mass. DOI Hearing Officers Revoke Two Producers’ Licenses and Impose Fines Totaling $2,500
Division hearing officers revoke and fine two nonresident producers for failure to report criminal charges and out-of-state administrative actions.
Mass. Division of Insurance 2018 Q2 Enforcement Fines Over $98,000
The huge increase in the amount of DOI Fines this quarter can be attributed to its enforcement action involving Life Insurance Company of Southwest.
DOI Special Investigations & Enforcement Actions For 2017 Including the Fourth Quarter & Kilgore Consent Agreement
A review of the enforcement actions and special investigations involving Mass. resident and non-resident producers during 2017.
