Ital Brokerage Co. v. State of New York Department of Insurance

— Proceeding pursuant to CPLR article 78 to review a determination of the respondent, dated December 8, 1989, which, after a hearing, revoked the petitioners’ licenses to act as insurance agents and brokers.

Adjudged that the determination is confirmed and the proceeding is dismissed on the merits, with costs.

After a hearing, the petitioners were found to have demonstrated untrustworthiness and/or incompetence to act as brokers in violation of the Insurance Law based on commingling of funds, issuing checks for premium payments which were *981dishonored for insufficient funds, collecting premiums…