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2021 Division of Insurance Enforcement Activity
January > February > March > April > May
Please Note: P.L. 2013, c. 259 became effective on July 1, 2014.  This law amended the Administrative Procedure Act, R.S. 52:14B-1 et seq. One of the amendments requires all state agencies to post on their websites all non-confidential final agency orders, decisions and opinions. Accordingly, all such final agency orders or decisions in disciplinary actions issued subsequent to July 1, 2014 may be accessed by clicking on the link within the summaries below. Orders or decisions issued on such matters prior to July 1, 2014 are available upon request to the Division of Insurance.
 
May

Consent Orders

Samantha Jill Lompado, Pennington, NJ
Order #E21-23, May 28, 2021
Respondent falsely attested that she witnessed a signature on life insurance applications.
Sanction: Fine - $7,500 for Producer Act violations and $3,000 for Fraud Act violations.

MBAS Group LLC, Fairburn, GA
Order #E21-20, May 24, 2021
Respondent operated as a third party billing service prior to being certified by the Commissioner as a third party billing service.
Sanction: Fine - $2,000

Jagruiti D. Panwala, Ivyland, PA
Wealth Protection Strategies LLC, Bensalem, PA
Order #E21-24, May 28, 2021
Respondent’s employees falsely represented that they witnessed a signature on life insurance applications.
Sanction: Fine -$6,000


Orders to Show Cause

Heinz Cherilus, Phillipsburg, NJ
Order #E21-21, May 28, 2021
Respondent is charged with misstating the date of an automobile accident in a claim submitted to his automobile insurer.

Keith A. Ervin, Quakertown, PA
United Integrity Group, Inc., Quakertown, PA
Order #E21-22, May 28, 2021
Respondents are charged with disseminating an advertisement that failed to identify the name of the insurer and name of policy by form number or other description and that displayed rates that were inaccurate.

 
April

Consent Order

The Prudential Insurance Company of America, Newark, NJ
Order #E21-17, April 27, 2021
A market conduct examination report revealed certain instances in which the Respondent’s processes and procedures did not comply with provisions of applicable statutes.
Sanction: Fine - $1.2 million


Orders to Show Cause

A & J Billing Services LLC, Willingboro, NJ
Melissa Burnett, Willingboro, NJ
Kashamba E. Busby, Willingboro, NJ
Order #E21-18, April 28, 2021
Respondents are charged with acting as a third party billing service without being certified by the Commissioner as a third billing service.

Paramount Public Adjusters, LLC, Miami, FL
Steven Baglio, Miami, FL
Matthew Charles Plietz, Miami, FL
Order #E21-16, April 12, 2021
Respondents Steven Baglio and Paramount Public Adjusters, LLC are charged with acting as public adjusters in New Jersey when not licensed as public adjusters.  Respondent Matthew Charles Plietz is charged with falsely representing to New Jersey insureds that Paramount Public Adjusters, LLC was a licensed public adjuster in New Jersey.

 
March

Final Orders

Shannon Renee Bellamy, Sicklerville, NJ
Advocate Public Adjusters, Clementon, NJ
Order #E21-10, March 9, 2021
Respondents entered into public adjuster contracts when Advocate Public Adjusters was not licensed, entered into public adjuster contracts during prohibited hours, used public adjuster contracts that did not contain required terms and conditions, and charged fees in excess of those specified in the contracts and that were not reasonably related to the services rendered.
Sanction: Revocation, Fine - $48,500, Restitution - $33,812.60 and Costs - $275

Kirti Shah, Parsippany, NJ
Order #E21-12, March 17, 2021
Respondent altered an insurance certificate to indicate a higher premium due, failed to notify the Commissioner of his conviction of fourth degree forgery, had his producer license revoked by Pennsylvania, and failed to obtain a waiver under 18 U.S.C. 1033.
Sanction: Revocation, Fine - $12,500 for Producer Act violations and $5,000 for Fraud Act violations, Fraud Act surcharge - $1,000 and Costs - $546


Order to Show Cause

John M. Collins, Madison, CT
Order #E21-15, March 26, 2021
Respondent is charged with accepting business from and paying commissions to an unlicensed person, with submitting applications containing false information, with purchasing annuities and making transfers without client consent and with failing to respond to Department inquiries.

 
February

Final Orders

Lambrus Ciuia, Elizabeth, NJ
Fox Bail Bonds, Elizabeth, NJ
Order #E21-03, February 1, 2021
Respondents failed to respond to an Order to Show Cause charging them with misappropriation of premium, use of an unlicensed and unregistered business name and failure to produce books, records and documents in response to Department inquiries.
Sanction: Revocation, Fine - $20,000, Restitution - $4,246 and Costs - $2,875

Scott Newsholme, Fairton, NJ
Order #E21-05, February 9, 2021
Respondent failed to respond to an Order to Show Cause charging him with fraud, misappropriation, issuance of false financial statements, commission of a felony and failure to report a FINRA suspension.
Sanction: Revocation, Fine - $125,000 and Costs - $1,012.50


Consent Orders

Jason Carmine Cavallo, East Northport, NJ
Order #E21-06, February 10, 2021
Respondent transacted insurance business while his producer license was expired.
Sanction: Fine - $15,000

James V. Cipriotti, Broomall, OA
Order #E21-09, February 26, 2021
Respondent submitted five applications for Pennsylvania residents which falsely stated that the applications were completed in New Jersey.
Sanction: Fine - $22,500

Mark Yehuda Herschlag, Lakewood, NJ
Cosmo Insurance Agency, Lakewood, NJ
Order #E21-04, February 3, 2021
Respondents circulated advertisements for health insurance that failed to disclose the organization offering the insurance and the insurance producer managing the insurance program.
Sanction: Fine - $55,000

North American Senior Benefits, Lawrenceville, GA
Order #E21-07, February 18, 2021
Respondent sent misleading advertisements to 92,957 New Jersey residents and provided inaccurate information to the Department.
Sanction: Fine - $350,000


Order to Show Cause

Wayne A. Schultz, Oxford, NJ and Branchburg, NJ
Order #E21-08, February 25, 2021
Respondent is charged with commission of a  fraudulent act and with failing to notify the Commissioner of actions taken him by FINRA and the New Jersey Bureau of Securities.

 
January

Orders to Show Cause

Jonathan Galea, Lumberton, NJ
Touch the Town Bail Bonds, LLC, Lumberton, NJ
Mr. GZ Bail Bonds, Lumberton, NJ
Order #E21-01, January 4, 2021
Respondent is charged with failing to timely return bail collateral, failing to maintain a trust account, failing to issue a receipt and failing to respond to Department inquiries.

Brian J. Spak, Hamilton Square, NJ
John R. Najarian, Hillsdale, NJ
Order #E21-02, January 4, 2021
Respondents are charged with engaging in securities fraud, failing to report action taken against them by the New Jersey Bureau of Securities and failing to disclose the New Jersey Bureau of Securities action on their license renewal applications.

 
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