Skip Maine state header navigation

Agencies | Online Services | Help

Skip All Navigation > PFR Home > Insurance Regulation > Consent Agreements


>> All Consent Agreements in Alphabetical Order

>> All Consent Agreements in Date Order


AGR 36269
Solon Anson Insurance Agency
In re:
Arlan Insurance Agency (purchased by
the Solon Anson Insurance Agency, Inc
DBA/Sargent Insurance Agency)



Docket No. INS 04 234

This document is a Consent Agreement authorized by Title 10 M.R.S.A. § 8003(5), entered into among the Sargent Insurance Agency, Anson, Maine or its successor (hereafter, “the Producer Agency”); the Maine Bureau of Insurance; and the Maine Department of the Attorney General. Its purpose is to resolve, in lieu of an adjudicatory proceeding, violations of Title 24-A M.R.S.A. §1447 and §1449.


1. The Superintendent of Insurance is the official charged with administering and enforcing Maine’s insurance laws and regulations, and the Bureau of Insurance is the administrative agency with such jurisdiction.

2. For all relevant periods, the Producer Agency represented Dairyland Insurance Company in a producer capacity. The Arlan Insurance Agency was purchased by the Solon Anson Insurance Agency Inc, / DBA Sargent Insurance Agency on or about November 15, 1999.

3. Title 24-A M.R.S.A. §1447 requires producer licensees to maintain records for at least three years following the respective transactions, including information pertaining to premium payments and identity of insureds.

4. Title 24-A M.R.S.A. §1449 stated, for the time period relevant to this matter: “All premiums and return premiums received by an insurance producer are trust funds received by the licensee in a fiduciary capacity. The licensee shall account for and pay the premiums to the insured or apply the premiums to outstanding balances of any insured within 10 days from the date of receipt. The date of receipt is the date the money is actually received or the date the credit is posted by the insurer, health maintenance organization, fraternal benefit society or nonprofit hospital or medical service organization to the licensee's account. The licensee shall promptly account for and pay premiums to the insurer, health maintenance organization, fraternal benefit society or nonprofit hospital or medical service organization in accordance with the contract between the insurer, health maintenance organization, fraternal benefit society or nonprofit hospital or medical service organization and the licensee.”

5. The Bureau has reviewed the Producer Agency’s records with regard to its handling of return premiums as an appointed producer of Dairyland.


6. The Producer Agency failed to comply with the ten day requirement of §1449 in a number of instances. It paid or credited more than five percent (5%) of such refunds, totaling more than $100.00, only after a period of 30 days had elapsed, and only after the Bureau’s review of this matter commenced.

7. The Producer Agency failed to respond to the Bureau of Insurance’s audit requests mailed on several occasions: On 10/19/01- the 1st mailing was issued for audit of premium refunds reported by Dairyland Insurance Company from Jan 1, 1999 to June 1, 2001 to the agency on their bi-weekly commission statements;

8. On 04/02/02 – the 2nd mailing was issued for follow-up with reference to the first mailing;

9. On 04/24/02 - the 3rd mailing was faxed listing the premium refund outstanding balances for each agency audit and phone call from Bureau staff;

10. On 6/19/02, the 4th mailing was issued for follow-up to prior letters;

11. On 11/12/02, a letter was issued to advise that the information submitted to the Bureau of Insurance was incomplete and the audits were over due. In accordance with the Maine Insurance Code Title 24-A M.R.S.A. §220 the agency failed to respond to the Superintendent in a timely manner by providing information as originally requested. On 11/25/02, the audit reports were received by the Bureau of Insurance.


9. The Producer Agency, the Maine Bureau of Insurance, and the Maine Department of the Attorney General agree to the following.

10. This Consent Agreement is entered into in accordance with 10 M.R.S.A. § 8003(5)(B) and is not subject to review or appeal. This Consent Agreement is enforceable by an action in the Superior Court.

11. At the time of executing this Consent Agreement, the Producer Agency will remit to the Maine Bureau of Insurance a civil penalty in the amount of $400.00, payable to the Treasurer of the State of Maine.

12. The Producer Agency will promptly make appropriate payments or credits concerning premiums and return premiums as required under the Maine Insurance Code, specifically 24-A M.R.S.A. §1449 as amended, at all times in the future.

13. The Producer Agency understands and acknowledges that this Agreement will constitute a public record within the meaning of 1 MRSA § 402, and will be available for public inspection and copying as provided for by 1 MRSA § 408, and will be reported to the NAIC “RIRS” database.

14. In consideration of the Producer Agency’s execution of and compliance with the terms of this Consent Agreement, the Superintendent of Insurance, Bureau of Insurance, and Department of the Attorney General agree to forgo pursuing further disciplinary measures or other civil or administrative sanction for the actions described in this Consent Agreement, other than those agreed to herein. However, should the Producer Agency violate this Consent Agreement, it may be subject to any available legal remedy for the violation, including without limitation the suspension or revocation of all licenses issued under the Maine Insurance Code.

15. Nothing in this Agreement shall affect the rights or interests of any person who is not a party to this Agreement.



Dated:______________, _____

By _________________________

(printed name)

Its _________________________


State of Maine, _______________, ss

Subscribed and Sworn to before me
this _______ day of _______, _____.

Notary Public
(printed name)


Dated: _______________, _____ ________________________________
By Alessandro A. Iuppa, Superintendent



Dated: _______________, _____ ________________________________
Assistant Attorney General

(printed name)


Return to Consent Agreements

Last Updated: October 22, 2013