{"id":7049361,"date":"2026-08-27T20:17:57","date_gmt":"2026-08-27T20:17:57","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/insurance\/massachusetts-doi-takes-action-in-four-producer-cases\/"},"modified":"2026-08-27T20:17:57","modified_gmt":"2026-08-27T20:17:57","slug":"massachusetts-doi-takes-action-in-four-producer-cases","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=7049361","title":{"rendered":"Massachusetts DOI Takes Action in Four Producer Cases"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div itemprop=\"text\">\n<figure class=\"wp-block-image alignwide size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1624\" height=\"1080\" data-attachment-id=\"83166\" src=\"https:\/\/agencychecklists.com\/2026\/08\/10\/massachusetts-doi-producer-enforcement-actions-2026-83151\/massachusetts-doi-producer-enforcement-actions-jpg\/\" data-orig-file=\"https:\/\/spcdn.shortpixel.ai\/spio\/ret_img,q_cdnize,to_auto,s_webp:avif\/agencychecklists.com\/wp-content\/uploads\/2026\/08\/massachusetts-doi-producer-enforcement-actions.jpg.png\" data-orig-size=\"1624,1080\" data-comments-opened=\"0\" data-image-title=\"Massachusetts DOI Producer Enforcement Actions\" data-image-description=\"&lt;p&gt;The Massachusetts Division of Insurance announced four producer enforcement actions, including a license revocation, monetary settlements and business-entity licensing violations.&lt;\/p&gt;&#10;\" data-image-caption=\"\" data-large-file=\"https:\/\/agencychecklists.com\/wp-content\/uploads\/2026\/08\/massachusetts-doi-producer-enforcement-actions.jpg-600x399.png\" alt=\"Massachusetts Division of Insurance enforcement actions involving insurance producer licensing and regulatory settlements.\" class=\"wp-image-83166\" srcset=\"https:\/\/spcdn.shortpixel.ai\/spio\/ret_img,q_cdnize,to_auto,s_webp:avif\/agencychecklists.com\/wp-content\/uploads\/2026\/08\/massachusetts-doi-producer-enforcement-actions.jpg.png 1624w, https:\/\/spcdn.shortpixel.ai\/spio\/ret_img,q_cdnize,to_auto,s_webp:avif\/agencychecklists.com\/wp-content\/uploads\/2026\/08\/massachusetts-doi-producer-enforcement-actions.jpg-451x300.png 451w, https:\/\/spcdn.shortpixel.ai\/spio\/ret_img,q_cdnize,to_auto,s_webp:avif\/agencychecklists.com\/wp-content\/uploads\/2026\/08\/massachusetts-doi-producer-enforcement-actions.jpg-600x400.png 600w, https:\/\/spcdn.shortpixel.ai\/spio\/ret_img,q_cdnize,to_auto,s_webp:avif\/agencychecklists.com\/wp-content\/uploads\/2026\/08\/massachusetts-doi-producer-enforcement-actions.jpg-200x133.png 200w, https:\/\/spcdn.shortpixel.ai\/spio\/ret_img,q_cdnize,to_auto,s_webp:avif\/agencychecklists.com\/wp-content\/uploads\/2026\/08\/massachusetts-doi-producer-enforcement-actions.jpg-1536x1021.png 1536w\" sizes=\"auto, (max-width: 1624px) 100vw, 1624px\"\/><\/figure>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<p class=\"has-drop-cap wp-block-paragraph\">The <a href=\"https:\/\/www.mass.gov\/orgs\/division-of-insurance\" target=\"_blank\" rel=\"noopener\" title=\"\">Massachusetts Division of Insurance<\/a> has resolved four producer enforcement matters involving an incorrect address on a resident-license application, business conducted while two business-entity producer licenses were expired, and alleged unauthorized loans against two life insurance policies.<\/p>\n<p class=\"wp-block-paragraph\">The actions resulted in the revocation of one Massachusetts producer license, a $7,500 settlement with an individual producer, a $1,200 settlement with one business entity and a cease-and-desist agreement without a monetary fine for another.<\/p>\n<p class=\"wp-block-paragraph\">Three of the matters were Special Investigations Unit investigations resolved through settlement. The fourth resulted from a formal administrative proceeding in which a presiding officer granted the Division\u2019s motion for default and summary decision.<\/p>\n<h3 class=\"wp-block-heading\">Incorrect Address Leads To Producer License Revocation<\/h3>\n<p class=\"wp-block-paragraph\">The <a class=\"glossaryLink cmtt_Property &amp; Casualty Insurance cmtt_Life &amp; Annuity Insurance Terms cmtt_Regulatory Definitions\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;DOI&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;&lt;img width='100' height='101' src='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' class='cmtt-tooltip-featured-image wp-post-image' alt='' style='width: 100px; margin-top: 2%;float: left; margin-right: 2%;' sizes='(max-width: 9999px) 100px,auto' loading='eager' srcset='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg 198w, https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1-100x100.jpg 100w' data-attachment-id='64894' data-permalink='https:\/\/agencychecklists.com\/ma-doi-advertise\/division-of-insurance-logo-198x200-1\/' data-orig-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' data-orig-size='198,200' data-comments-opened='0' data-image-title='Division-of-Insurance-logo-198&amp;#215;200-1' data-image-description='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-image-caption='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-large-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' \/&gt;&lt;!-- wp:paragraph {&quot;fontSize&quot;:&quot;large&quot;} --&gt;Popular nickname for the Massachusetts Division of Insurance. The DOI is responsible for regulating the Massachusetts market, safeguarding consumer interests, and administering the Commonwealth's laws and regulations governing the insurance marketplace.&amp;nbsp; The DOI monitors financial solvency, licenses insurance companies and producers, reviews and approves rates and forms, addresses consumer complaints, and coordinates the takeover and liquidation of insolvent insurance companies and the rehabilitation of financially troubled companies.&amp;nbsp;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;!-- wp:paragraph --&gt;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;\/div&gt;\" href=\"https:\/\/agencychecklists.com\/glossary\/doi\/\" data-mobile-support=\"0\" data-gt-translate-attributes=\"[{\" attribute=\"\" tabindex=\"0\" role=\"link\">DOI<\/a> revoked the <a href=\"https:\/\/agencychecklists.com\/2026\/07\/20\/phyllis-palazzola-attempted-murder-indictment-82891\/\" target=\"_blank\" rel=\"noopener\" title=\"Former Massachusetts Insurance Agent Indicted on Attempted Murder Charge\">Massachusetts producer license<\/a> of Kenyata Kitaka after finding that her application for a resident producer license contained a Massachusetts residential address for a city and ZIP code located in Washington state.<\/p>\n<p class=\"wp-block-paragraph\">Kitaka electronically applied for a Massachusetts resident insurance producer license on May 6, 2025, listing her residence as \u201cPuyallup, Massachusetts 98373.\u201d The Division issued the license that day.<\/p>\n<p class=\"wp-block-paragraph\">On May 15, Kitaka asked the Division to cancel the Massachusetts license temporarily so that she could apply for a similar license in Washington. Her email used the same numerical street address but identified the city as Puyallup, Washington.<\/p>\n<p class=\"wp-block-paragraph\">The Division subsequently requested documentation showing Kitaka\u2019s residential address. A certified letter sent to the address on her license application was returned by the U.S. Postal Service marked \u201cnot deliverable as addressed, unable to forward.\u201d The record also included a Massachusetts map showing no municipality named Puyallup and Postal Service correspondence confirming that ZIP Code 98373 is assigned to Puyallup, Washington.<\/p>\n<p class=\"wp-block-paragraph\">The <a class=\"glossaryLink cmtt_Property &amp; Casualty Insurance cmtt_Life &amp; Annuity Insurance Terms cmtt_Regulatory Definitions\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;DOI&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;&lt;img width='100' height='101' src='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' class='cmtt-tooltip-featured-image wp-post-image' alt='' style='width: 100px; margin-top: 2%;float: left; margin-right: 2%;' sizes='(max-width: 9999px) 100px,auto' loading='eager' srcset='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg 198w, https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1-100x100.jpg 100w' data-attachment-id='64894' data-permalink='https:\/\/agencychecklists.com\/ma-doi-advertise\/division-of-insurance-logo-198x200-1\/' data-orig-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' data-orig-size='198,200' data-comments-opened='0' data-image-title='Division-of-Insurance-logo-198&amp;#215;200-1' data-image-description='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-image-caption='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-large-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' \/&gt;&lt;!-- wp:paragraph {&quot;fontSize&quot;:&quot;large&quot;} --&gt;Popular nickname for the Massachusetts Division of Insurance. The DOI is responsible for regulating the Massachusetts market, safeguarding consumer interests, and administering the Commonwealth's laws and regulations governing the insurance marketplace.&amp;nbsp; The DOI monitors financial solvency, licenses insurance companies and producers, reviews and approves rates and forms, addresses consumer complaints, and coordinates the takeover and liquidation of insolvent insurance companies and the rehabilitation of financially troubled companies.&amp;nbsp;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;!-- wp:paragraph --&gt;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;\/div&gt;\" href=\"https:\/\/agencychecklists.com\/glossary\/doi\/\" data-mobile-support=\"0\" data-gt-translate-attributes=\"[{\" attribute=\"\" tabindex=\"0\" role=\"link\">DOI<\/a> filed an Order to Show Cause on May 6, 2026, seeking revocation under M.G.L. c. 175, \u00a7162R(a)(1) and (a)(3). Kitaka did not answer, and the Division moved for default and summary decision. The presiding officer found that Kitaka\u2019s failure to answer placed her in default and waived her right to an evidentiary hearing.<\/p>\n<p class=\"wp-block-paragraph\">Section 162R(a)(1) permits disciplinary action for incorrect, misleading, incomplete or materially untrue information on a licensing application, while \u00a7162R(a)(3) addresses obtaining or attempting to obtain a license through misrepresentation or fraud. Presiding Officer Jean F. Farrington found that the record \u201camply\u201d supported both grounds.<\/p>\n<p class=\"wp-block-paragraph\">The July 17 decision revoked all producer licenses issued by the Division to Kitaka. It also prohibited her from directly or indirectly transacting or acquiring any insurance business in Massachusetts and required her to dispose of any interests in Massachusetts as a proprietor, partner, stockholder, officer or employee of a licensed insurance producer.<\/p>\n<h3 class=\"wp-block-heading\">Producer Settles Unauthorized Policy Loan Allegations For $7,500<\/h3>\n<p class=\"wp-block-paragraph\">In a separate SIU matter, producer Trucly Tran agreed to pay a $7,500 fine to resolve allegations arising from two allegedly unauthorized loans totaling $54,000 against life insurance policies belonging to a policyholder.<\/p>\n<p class=\"wp-block-paragraph\">According to the <a class=\"glossaryLink cmtt_Property &amp; Casualty Insurance cmtt_Life &amp; Annuity Insurance Terms cmtt_Regulatory Definitions\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;DOI&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;&lt;img width='100' height='101' src='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' class='cmtt-tooltip-featured-image wp-post-image' alt='' style='width: 100px; margin-top: 2%;float: left; margin-right: 2%;' sizes='(max-width: 9999px) 100px,auto' loading='eager' srcset='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg 198w, https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1-100x100.jpg 100w' data-attachment-id='64894' data-permalink='https:\/\/agencychecklists.com\/ma-doi-advertise\/division-of-insurance-logo-198x200-1\/' data-orig-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' data-orig-size='198,200' data-comments-opened='0' data-image-title='Division-of-Insurance-logo-198&amp;#215;200-1' data-image-description='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-image-caption='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-large-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' \/&gt;&lt;!-- wp:paragraph {&quot;fontSize&quot;:&quot;large&quot;} --&gt;Popular nickname for the Massachusetts Division of Insurance. The DOI is responsible for regulating the Massachusetts market, safeguarding consumer interests, and administering the Commonwealth's laws and regulations governing the insurance marketplace.&amp;nbsp; The DOI monitors financial solvency, licenses insurance companies and producers, reviews and approves rates and forms, addresses consumer complaints, and coordinates the takeover and liquidation of insolvent insurance companies and the rehabilitation of financially troubled companies.&amp;nbsp;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;!-- wp:paragraph --&gt;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;\/div&gt;\" href=\"https:\/\/agencychecklists.com\/glossary\/doi\/\" data-mobile-support=\"0\" data-gt-translate-attributes=\"[{\" attribute=\"\" tabindex=\"0\" role=\"link\">DOI<\/a>\u2019s Dec. 8, 2025 settlement letter, the Division opened its investigation after receiving notice that Transamerica Life Insurance Company had terminated Tran for cause.<\/p>\n<p class=\"wp-block-paragraph\">The letter recounts a Transamerica investigation that began after the insurer received a fraud-hotline call concerning three policies Tran had written for policyholder Kim Ha. According to the <a class=\"glossaryLink cmtt_Property &amp; Casualty Insurance cmtt_Life &amp; Annuity Insurance Terms cmtt_Regulatory Definitions\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;DOI&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;&lt;img width='100' height='101' src='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' class='cmtt-tooltip-featured-image wp-post-image' alt='' style='width: 100px; margin-top: 2%;float: left; margin-right: 2%;' sizes='(max-width: 9999px) 100px,auto' loading='eager' srcset='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg 198w, https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1-100x100.jpg 100w' data-attachment-id='64894' data-permalink='https:\/\/agencychecklists.com\/ma-doi-advertise\/division-of-insurance-logo-198x200-1\/' data-orig-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' data-orig-size='198,200' data-comments-opened='0' data-image-title='Division-of-Insurance-logo-198&amp;#215;200-1' data-image-description='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-image-caption='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-large-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' \/&gt;&lt;!-- wp:paragraph {&quot;fontSize&quot;:&quot;large&quot;} --&gt;Popular nickname for the Massachusetts Division of Insurance. The DOI is responsible for regulating the Massachusetts market, safeguarding consumer interests, and administering the Commonwealth's laws and regulations governing the insurance marketplace.&amp;nbsp; The DOI monitors financial solvency, licenses insurance companies and producers, reviews and approves rates and forms, addresses consumer complaints, and coordinates the takeover and liquidation of insolvent insurance companies and the rehabilitation of financially troubled companies.&amp;nbsp;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;!-- wp:paragraph --&gt;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;\/div&gt;\" href=\"https:\/\/agencychecklists.com\/glossary\/doi\/\" data-mobile-support=\"0\" data-gt-translate-attributes=\"[{\" attribute=\"\" tabindex=\"0\" role=\"link\">DOI<\/a> letter, the investigation concerned two loans taken around March 1, 2021 \u2014 $30,000 against one policy and $24,000 against another.<\/p>\n<p class=\"wp-block-paragraph\">The settlement letter states that the loan proceeds were deposited into a Citizens Bank account controlled by Tran and her husband. It further states that after Ha became aware of the loans and contacted Tran, both loans were repaid by phone using numbers associated with Tran.<\/p>\n<p class=\"wp-block-paragraph\">The Division alleged that taking two unauthorized loans against Ha\u2019s policies demonstrated untrustworthiness in the business of insurance in violation of M.G.L. c. 175, \u00a7162R(a)(8).<\/p>\n<p class=\"wp-block-paragraph\">Tran agreed to waive her right to a public hearing, cease and desist from the alleged conduct and pay a $7,500 fine. She signed the settlement Jan. 6, 2026.<\/p>\n<p class=\"wp-block-paragraph\">The agreement states that the <a class=\"glossaryLink cmtt_Property &amp; Casualty Insurance cmtt_Life &amp; Annuity Insurance Terms cmtt_Regulatory Definitions\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;DOI&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;&lt;img width='100' height='101' src='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' class='cmtt-tooltip-featured-image wp-post-image' alt='' style='width: 100px; margin-top: 2%;float: left; margin-right: 2%;' sizes='(max-width: 9999px) 100px,auto' loading='eager' srcset='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg 198w, https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1-100x100.jpg 100w' data-attachment-id='64894' data-permalink='https:\/\/agencychecklists.com\/ma-doi-advertise\/division-of-insurance-logo-198x200-1\/' data-orig-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' data-orig-size='198,200' data-comments-opened='0' data-image-title='Division-of-Insurance-logo-198&amp;#215;200-1' data-image-description='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-image-caption='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-large-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' \/&gt;&lt;!-- wp:paragraph {&quot;fontSize&quot;:&quot;large&quot;} --&gt;Popular nickname for the Massachusetts Division of Insurance. The DOI is responsible for regulating the Massachusetts market, safeguarding consumer interests, and administering the Commonwealth's laws and regulations governing the insurance marketplace.&amp;nbsp; The DOI monitors financial solvency, licenses insurance companies and producers, reviews and approves rates and forms, addresses consumer complaints, and coordinates the takeover and liquidation of insolvent insurance companies and the rehabilitation of financially troubled companies.&amp;nbsp;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;!-- wp:paragraph --&gt;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;\/div&gt;\" href=\"https:\/\/agencychecklists.com\/glossary\/doi\/\" data-mobile-support=\"0\" data-gt-translate-attributes=\"[{\" attribute=\"\" tabindex=\"0\" role=\"link\">DOI<\/a> considers the settlement a reportable administrative event that must be included on Tran\u2019s next Massachusetts insurance producer license <a class=\"glossaryLink cmtt_general\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Renewal&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;Issuance of a new policy term for the same insured\/coverage line.&lt;\/div&gt;\" href=\"https:\/\/agencychecklists.com\/glossary\/renewal\/\" data-mobile-support=\"0\" data-gt-translate-attributes=\"[{\" attribute=\"\" tabindex=\"0\" role=\"link\">renewal<\/a> application. It also states that she may be required to report the action in other jurisdictions where she holds an insurance producer license.<\/p>\n<h3 class=\"wp-block-heading\">Two Business Entities Settle Cases Over Lapsed Licenses<\/h3>\n<p class=\"wp-block-paragraph\">The <a class=\"glossaryLink cmtt_Property &amp; Casualty Insurance cmtt_Life &amp; Annuity Insurance Terms cmtt_Regulatory Definitions\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;DOI&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;&lt;img width='100' height='101' src='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' class='cmtt-tooltip-featured-image wp-post-image' alt='' style='width: 100px; margin-top: 2%;float: left; margin-right: 2%;' sizes='(max-width: 9999px) 100px,auto' loading='eager' srcset='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg 198w, https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1-100x100.jpg 100w' data-attachment-id='64894' data-permalink='https:\/\/agencychecklists.com\/ma-doi-advertise\/division-of-insurance-logo-198x200-1\/' data-orig-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' data-orig-size='198,200' data-comments-opened='0' data-image-title='Division-of-Insurance-logo-198&amp;#215;200-1' data-image-description='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-image-caption='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-large-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' \/&gt;&lt;!-- wp:paragraph {&quot;fontSize&quot;:&quot;large&quot;} --&gt;Popular nickname for the Massachusetts Division of Insurance. The DOI is responsible for regulating the Massachusetts market, safeguarding consumer interests, and administering the Commonwealth's laws and regulations governing the insurance marketplace.&amp;nbsp; The DOI monitors financial solvency, licenses insurance companies and producers, reviews and approves rates and forms, addresses consumer complaints, and coordinates the takeover and liquidation of insolvent insurance companies and the rehabilitation of financially troubled companies.&amp;nbsp;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;!-- wp:paragraph --&gt;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;\/div&gt;\" href=\"https:\/\/agencychecklists.com\/glossary\/doi\/\" data-mobile-support=\"0\" data-gt-translate-attributes=\"[{\" attribute=\"\" tabindex=\"0\" role=\"link\">DOI<\/a> also resolved separate SIU investigations involving District Bonding and Assist-Card Corporation of America, both arising from allegations that the business entities conducted insurance activity in Massachusetts after their producer licenses expired.<\/p>\n<p class=\"wp-block-paragraph\">The two matters resulted in different monetary outcomes.<\/p>\n<p class=\"wp-block-paragraph\">Assist-Card\u2019s business-entity producer license expired on Feb. 3, 2025, and was reinstated on Dec. 4, 2025. The Division alleged that Assist-Card wrote, placed, renewed and\/or negotiated approximately 66 policies between Feb. 3 and Dec. 3 while unlicensed.<\/p>\n<p class=\"wp-block-paragraph\">The <a class=\"glossaryLink cmtt_Property &amp; Casualty Insurance cmtt_Life &amp; Annuity Insurance Terms cmtt_Regulatory Definitions\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;DOI&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;&lt;img width='100' height='101' src='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' class='cmtt-tooltip-featured-image wp-post-image' alt='' style='width: 100px; margin-top: 2%;float: left; margin-right: 2%;' sizes='(max-width: 9999px) 100px,auto' loading='eager' srcset='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg 198w, https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1-100x100.jpg 100w' data-attachment-id='64894' data-permalink='https:\/\/agencychecklists.com\/ma-doi-advertise\/division-of-insurance-logo-198x200-1\/' data-orig-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' data-orig-size='198,200' data-comments-opened='0' data-image-title='Division-of-Insurance-logo-198&amp;#215;200-1' data-image-description='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-image-caption='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-large-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' \/&gt;&lt;!-- wp:paragraph {&quot;fontSize&quot;:&quot;large&quot;} --&gt;Popular nickname for the Massachusetts Division of Insurance. The DOI is responsible for regulating the Massachusetts market, safeguarding consumer interests, and administering the Commonwealth's laws and regulations governing the insurance marketplace.&amp;nbsp; The DOI monitors financial solvency, licenses insurance companies and producers, reviews and approves rates and forms, addresses consumer complaints, and coordinates the takeover and liquidation of insolvent insurance companies and the rehabilitation of financially troubled companies.&amp;nbsp;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;!-- wp:paragraph --&gt;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;\/div&gt;\" href=\"https:\/\/agencychecklists.com\/glossary\/doi\/\" data-mobile-support=\"0\" data-gt-translate-attributes=\"[{\" attribute=\"\" tabindex=\"0\" role=\"link\">DOI<\/a> alleged 66 violations of M.G.L. c. 175, \u00a7175 for acting as an insurance producer without a license, with each violation also constituting a violation of \u00a7162R(a)(2).<\/p>\n<p class=\"wp-block-paragraph\">Assist-Card agreed to waive its right to a hearing, cease and desist from the alleged conduct and pay a $1,200 fine. Company President and Director Carlos F. Stefani electronically signed the agreement April 10.<\/p>\n<p class=\"wp-block-paragraph\">The settlement expressly identifies the agreement as a reportable administrative action.<\/p>\n<h3 class=\"wp-block-heading\">District Bonding Settlement Carries No Monetary Fine<\/h3>\n<p class=\"wp-block-paragraph\">District Bonding\u2019s business-entity producer license expired July 13, 2024, and was reinstated Nov. 5, 2025, according to <a class=\"glossaryLink cmtt_Property &amp; Casualty Insurance cmtt_Life &amp; Annuity Insurance Terms cmtt_Regulatory Definitions\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;DOI&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;&lt;img width='100' height='101' src='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' class='cmtt-tooltip-featured-image wp-post-image' alt='' style='width: 100px; margin-top: 2%;float: left; margin-right: 2%;' sizes='(max-width: 9999px) 100px,auto' loading='eager' srcset='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg 198w, https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1-100x100.jpg 100w' data-attachment-id='64894' data-permalink='https:\/\/agencychecklists.com\/ma-doi-advertise\/division-of-insurance-logo-198x200-1\/' data-orig-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' data-orig-size='198,200' data-comments-opened='0' data-image-title='Division-of-Insurance-logo-198&amp;#215;200-1' data-image-description='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-image-caption='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-large-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' \/&gt;&lt;!-- wp:paragraph {&quot;fontSize&quot;:&quot;large&quot;} --&gt;Popular nickname for the Massachusetts Division of Insurance. The DOI is responsible for regulating the Massachusetts market, safeguarding consumer interests, and administering the Commonwealth's laws and regulations governing the insurance marketplace.&amp;nbsp; The DOI monitors financial solvency, licenses insurance companies and producers, reviews and approves rates and forms, addresses consumer complaints, and coordinates the takeover and liquidation of insolvent insurance companies and the rehabilitation of financially troubled companies.&amp;nbsp;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;!-- wp:paragraph --&gt;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;\/div&gt;\" href=\"https:\/\/agencychecklists.com\/glossary\/doi\/\" data-mobile-support=\"0\" data-gt-translate-attributes=\"[{\" attribute=\"\" tabindex=\"0\" role=\"link\">DOI<\/a> licensing records.<\/p>\n<p class=\"wp-block-paragraph\">The Division alleged that District Bonding wrote, placed, renewed and\/or negotiated fewer than five policies while unlicensed, conduct the <a class=\"glossaryLink cmtt_Property &amp; Casualty Insurance cmtt_Life &amp; Annuity Insurance Terms cmtt_Regulatory Definitions\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;DOI&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;&lt;img width='100' height='101' src='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' class='cmtt-tooltip-featured-image wp-post-image' alt='' style='width: 100px; margin-top: 2%;float: left; margin-right: 2%;' sizes='(max-width: 9999px) 100px,auto' loading='eager' srcset='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg 198w, https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1-100x100.jpg 100w' data-attachment-id='64894' data-permalink='https:\/\/agencychecklists.com\/ma-doi-advertise\/division-of-insurance-logo-198x200-1\/' data-orig-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' data-orig-size='198,200' data-comments-opened='0' data-image-title='Division-of-Insurance-logo-198&amp;#215;200-1' data-image-description='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-image-caption='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-large-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' \/&gt;&lt;!-- wp:paragraph {&quot;fontSize&quot;:&quot;large&quot;} --&gt;Popular nickname for the Massachusetts Division of Insurance. The DOI is responsible for regulating the Massachusetts market, safeguarding consumer interests, and administering the Commonwealth's laws and regulations governing the insurance marketplace.&amp;nbsp; The DOI monitors financial solvency, licenses insurance companies and producers, reviews and approves rates and forms, addresses consumer complaints, and coordinates the takeover and liquidation of insolvent insurance companies and the rehabilitation of financially troubled companies.&amp;nbsp;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;!-- wp:paragraph --&gt;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;\/div&gt;\" href=\"https:\/\/agencychecklists.com\/glossary\/doi\/\" data-mobile-support=\"0\" data-gt-translate-attributes=\"[{\" attribute=\"\" tabindex=\"0\" role=\"link\">DOI<\/a> alleged violated M.G.L. c. 175, \u00a7175 and \u00a7162R(a)(2).<\/p>\n<p class=\"wp-block-paragraph\">In light of the facts and circumstances and the corrective action undertaken by District Bonding, the <a class=\"glossaryLink cmtt_Property &amp; Casualty Insurance cmtt_Life &amp; Annuity Insurance Terms cmtt_Regulatory Definitions\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;DOI&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;&lt;img width='100' height='101' src='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' class='cmtt-tooltip-featured-image wp-post-image' alt='' style='width: 100px; margin-top: 2%;float: left; margin-right: 2%;' sizes='(max-width: 9999px) 100px,auto' loading='eager' srcset='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg 198w, https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1-100x100.jpg 100w' data-attachment-id='64894' data-permalink='https:\/\/agencychecklists.com\/ma-doi-advertise\/division-of-insurance-logo-198x200-1\/' data-orig-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' data-orig-size='198,200' data-comments-opened='0' data-image-title='Division-of-Insurance-logo-198&amp;#215;200-1' data-image-description='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-image-caption='&lt;p&gt;#image_title&lt;\/p&gt;&#10;' data-large-file='https:\/\/agencychecklists.com\/wp-content\/uploads\/2023\/03\/Division-of-Insurance-logo-198x200-1.jpg' \/&gt;&lt;!-- wp:paragraph {&quot;fontSize&quot;:&quot;large&quot;} --&gt;Popular nickname for the Massachusetts Division of Insurance. The DOI is responsible for regulating the Massachusetts market, safeguarding consumer interests, and administering the Commonwealth's laws and regulations governing the insurance marketplace.&amp;nbsp; The DOI monitors financial solvency, licenses insurance companies and producers, reviews and approves rates and forms, addresses consumer complaints, and coordinates the takeover and liquidation of insolvent insurance companies and the rehabilitation of financially troubled companies.&amp;nbsp;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;!-- wp:paragraph --&gt;&lt;br\/&gt;&lt;!-- \/wp:paragraph --&gt;&lt;\/div&gt;\" href=\"https:\/\/agencychecklists.com\/glossary\/doi\/\" data-mobile-support=\"0\" data-gt-translate-attributes=\"[{\" attribute=\"\" tabindex=\"0\" role=\"link\">DOI<\/a> offered to resolve the matter if the entity waived its right to a hearing and agreed to cease and desist from the alleged conduct. The agreement did not impose a monetary fine.<\/p>\n<p class=\"wp-block-paragraph\">District Bonding signed the agreement Feb. 26, 2026. Like the Assist-Card settlement, the agreement expressly states that it constitutes a reportable administrative action.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The Massachusetts Division of Insurance has resolved four producer enforcement matters involving an incorrect address on a resident-license application, business conducted while two business-entity producer licenses were expired, and alleged unauthorized loans against two life insurance policies. The actions resulted in the revocation of one Massachusetts producer license, a $7,500 settlement with an individual producer, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94],"tags":[6336,3608,66389,7523,19650,11428],"dealstore":[],"offerexpiration":[],"class_list":["post-7049361","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-action","tag-cases","tag-doi","tag-massachusetts","tag-producer","tag-takes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Massachusetts DOI Takes Action in Four Producer Cases - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=7049361\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Massachusetts DOI Takes Action in Four Producer Cases - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"The Massachusetts Division of Insurance has resolved four producer enforcement matters involving an incorrect address on a resident-license application, business conducted while two business-entity producer licenses were expired, and alleged unauthorized loans against two life insurance policies. 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