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MATTER OF SCHERMERHORN v. LEWIS

86 A.D.2d 934 (1982)

In the Matter of Richard P. Schermerhorn, Petitioner, v. Albert B. Lewis, as Superintendent of Insurance of The State of New York, Respondent

Appellate Division of the Supreme Court of the State of New York, Third Department.

February 18, 1982

In April, 1980, as a result of respondent's investigation of numerous complaints, petitioner, a licensed life insurance agent, was charged with six specifications of misconduct. These charges arose out of six transactions occurring between June, 1975 and May, 1977, in which new policies of life insurance or annuity policies were purchased by an existing policy holder or spouse. The specifications allege that special notice and record keeping requirements for such transactions...

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