The Iowa Insurance Division brings enforcement actions against individuals or entities  related to violations of Iowa statutes or rules.  These actions are typically initiated by filing a Statement of Charges or Notice of Hearing and may result in an enforcement order against a producer or entity.  If a statement of charges has been filed against you or for more information regarding contested cases, click here.

Non-compliance cases are license disciplinary actions referred to the Iowa Insurance Division by other state agencies including the Iowa Department of Revenue and the Iowa Department of Human Resources.

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Name Case Number Enforcement Date Subject Entity Order
Darnell, Mary E. 58071

Grinnell IA

Allegation: Failure to comply with child support order

Resolution: License suspended

Date of Order/Settlement: 2004-10-28 00:00:00

Wilhelmson, Steven C. 58046

Warr Acres OK

Allegation: Providing incorrect information in license application; revocation of license by another state; failure to notify Division of prior actions.

Resolution: Order signed: License revoked

Date of Order/Settlement: 2004-10-08 00:00:00

Edward D. Jones & Company LP

St. Louis MO

Allegation: Failed to reasonably supervise securities agent

Resolution: Cease and desist filing to supervise; Pay $9500 Fine and Costs

Date of Order/Settlement: 2004-10-07 00:00:00

Anderson, Neil R. 58045

Dixon IA

Allegation: Using fraudulent or dishonest practices; failure to cooperate in an investiagion by commissioner

Resolution: Order signed: License revoked

Date of Order/Settlement: 2004-10-06 00:00:00

Cross, Scott K. 58065

Perry IA

Allegation: Improper withholding misappropriating or conversion of moneys; failure to cooperate with investigation by commissioner

Resolution: Order signed: License revoked

Date of Order/Settlement: 2004-10-05 00:00:00

Learn Waterhouse Inc

Edinburg TX

Allegation: Unregistered Securities; Unregisterd Agent material misrepresentations and omissions

Resolution: Order: Cease and desist the offer or sal of unregisterd non exempt securities; cease and desist acting as an agent without registration; making misrepresentations and omissions of material facts;

Date of Order/Settlement: 2004-10-04 00:00:00

Chamley, James 58060

Colorado Springs CO

Allegation: Sold viatical settlement investment contracts while unregistered

Resolution: Cease and Desist issued to halt sale of unregistered securities

Date of Order/Settlement: 2004-09-20 00:00:00

Chamley Financial LLC 58058

Colorado Springs CO

Allegation: Sold viatical settlement investment contracts while unregistered

Resolution: Cease and desist issued to halt sale of unregistered securities

Date of Order/Settlement: 2004-09-20 00:00:00

Chamley, Aaron

Van Wert IA

Allegation: Sold viatical settlement investment contracts while unregistered.

Resolution: Cease and desist issued to hald the sale of unregistered securities; cease and desist acting as unregistered agent

Date of Order/Settlement: 2004-09-20 00:00:00

Larpenter, Patricia 58092

Des Moines IA

Allegation: Offered and sold unregistered securities (promisary notes); misrepresented material facts; omitted material facts.

Resolution: Cease and desist ordering hald sales and offers to sell securities; misrepresentation and omission of material facts in the offer and selling of securities; cease and desist acting as agents while unregistered

Date of Order/Settlement: 2004-09-17 00:00:00

Larpenter, Mike 58091

Des Moines IA

Allegation: Offered and sold unregistered securities (promisary notes); misrepresented material facts; omitted material facts.

Resolution: Cease and desist ordering hald sales and offers to sell securities; misrepresentation and omission of material facts in the offer and selling of securities; Cease and desist acting as agents while unregistered

Date of Order/Settlement: 2004-09-17 00:00:00

Home Solutions Real Estate Investments Inc

Des Moines IA

Allegation: Offered and sold unregistered securities (promisary notes); misrepresented material facts; omitted material facts.

Resolution: Cease and desist ordering hald sales and offers to sell securities; misrepresentation and omission of material facts in the offer and selling of securities

Date of Order/Settlement: 2004-09-17 00:00:00

Porterfield III, Herlen C. 58037

Lansdowne PA

Allegation: Providing incorrect information on License Application; conviction of a velony revocation of license in another state; failure to cooperate in investigation by commissioner

Resolution: Order: License revoked

Date of Order/Settlement: 2004-09-13 00:00:00

American Equity Investment Life Insurance Company 58055

Des Moines IA

Allegation: Failure to submit dividend information to Insurance Division prior to declaration and payment to stockholders.

Resolution: Consent signed: Agree to list dividends from January 1 2000 to present; report all dividends within 5 business days; pay $1500 fine and $500 Costs

Date of Order/Settlement: 2004-09-09 00:00:00

Pace, Edwin

Indianola IA

Allegation: Offered and sold unregistered securities; omission of material facts; no securities license incompetence and untrustworthiness; violations of the Iowa Consumer Fraud Act.

Resolution: Order: License revoked; not eligible for licensure until obligations imposed by the Iowa District Court are fully satisfied.

Date of Order/Settlement: 2004-09-08 00:00:00

Ritland, Karl Paul

Des Moines IA

Allegation: Unauthorized trades and use of discretionary power

Resolution: Consent: Securities license censured; 1 year probation; Pay $250 Fine and $250 Costs

Date of Order/Settlement: 2004-09-01 00:00:00

OConnor Jr., Jerome J.

Omaha NE

Allegation: Forgery; use of fraudulent coercive or dishonest practices

Resolution: Order signed: License permanently revoked

Date of Order/Settlement: 2004-08-27 00:00:00

Walker, Samuel W.

Waterloo IA

Allegation: Failure to disclose prior criminal convictions on license application

Resolution: Order signed: License revoked

Date of Order/Settlement: 2004-08-24 00:00:00

USI of Georgia Inc

Norfolk VA

Allegation: Did not remit surplus lines taxes; no Iowa licensed producer;

Resolution: Consent signed: Cease and desist conducting business until employee licensed in Iowa; pay $4500 Fine; and $500 Costs.

Date of Order/Settlement: 2004-08-23 00:00:00

Cooper, Byron D. 59331

Cedar Rapids IA

Allegation: Unlicensed to sell securities; Sale of alleged investments in unregistered securities promissory notes

Resolution: Consent signed: Cease and desist sale or offer to sell securities without a securities license; 2 years probation; $5000 civil penalty.

Date of Order/Settlement: 2004-08-11 00:00:00

Kempema, David J. 58039

Sioux City IA

Allegation: Failed to correct address at the Division; used unapproved marketing material; employed unlicensed employees doing insurance business; violation of 508C.18 in soliciting business.

Resolution: Consent: Notify Division within 30 days of address change; use only company approved marketing materials; will not use any unlicensed employees doing insurance transactions;will protect confidential client info; pay $2500 Fine; no reference to 508C.18

Date of Order/Settlement: 2004-08-11 00:00:00

Silva Shea

Santa Ana CA

Allegation: Sale of unregistered securities by an unregistered agent

Resolution: Order: Cease and desist of sale or offer of sale of unregistered securities in Iowa

Date of Order/Settlement: 2004-08-06 00:00:00

Sunrise Energy Inc

Irvine CA

Allegation: Selling nregistered securities unregistered agent

Resolution: Order: Cease and desist the offer or sale of and participating in the offer or sale of unregistered securities

Date of Order/Settlement: 2004-08-06 00:00:00

Helland, Ronald S.

Ames IA

Allegation: Forging of customers signatures on insurance form

Resolution: Consent: Cease and desist from allegation; pay $400 Fine and $100 Costs

Date of Order/Settlement: 2004-08-02 00:00:00

Ahlf, Johnathan C. 58025

Muscatine IA

Allegation: Application fraud; forgery of customer signatures;fraudulent or dishonest practices.

Resolution: Order: License revoked

Date of Order/Settlement: 2004-07-27 00:00:00

Parks, Bruce D.

Burlington IA

Allegation: Sale of unregistered securities and/or unregistered business opportunities without proper licensure.

Resolution: Consent signed: Iowa insurance license permanently revoked; cease and desist participating in any activiites that require an insurance license and sale of unregistered securities and/or business opportunities in Iowa.

Date of Order/Settlement: 2004-07-22 00:00:00

Mauro, Daniel E. 58007

Des Moines IA

Allegation: Requested an administrative hearing for non-renewal of license.

Resolution: Order: Commissioners denial of application for licensure upheld

Date of Order/Settlement: 2004-07-21 00:00:00

Perdue, Steven A.

Cleveland OH

Allegation: Failure to notify of other states action; providing incorrect information on license application;

Resolution: Order: License revoked

Date of Order/Settlement: 2004-07-19 00:00:00

Spees, Lisa

Keokuk IA

Allegation: Using fraudulent or dishonest practices; failure to cooperate

Resolution: Order: License revoked

Date of Order/Settlement: 2004-07-15 00:00:00

Koch, Edward T. 58063

Holy Cross IA

Allegation: Failure to pay child support

Resolution: License suspended 9/1/04 SUSPENSION WITHDRAWN

Date of Order/Settlement: 2004-07-12 00:00:00

Trawick, Daryl C. 58064

Mobile AL

Allegation: Failure to report other states actions.

Resolution: Consent: Pay $250 fine and $100 costs; agrees to follow all Iowa statutory and administrative requirements and only sell insurance products approved for use by admitted insurance companies.

Date of Order/Settlement: 2004-07-12 00:00:00

Fischer, Barbara Jean (Hatinger)

Cedar Falls IA

Allegation: Sold unregistered securities; acted as an unregistered agent; misrepresented and omitted material facts.

Resolution: Consent: Cease and desist the offer or sale of unregistered securities; acting as an agent without registration; making untrue statement of material facts; omitting material facts in the sale of securities assessed $4000 Fine and $100 Costs.

Date of Order/Settlement: 2004-07-02 00:00:00

Nutrition and Wellness Research Institute Inc (NWRI)

Evansdale IA

Allegation: Misrepresentation; sale of unregistered non exempt securities; employing unregistered agents; made untrue statements of material facts; omissions of material facts in the sale.

Resolution: Orders: Cease and desist the offer or sale of unregistered non exempt securities employing unregistered agents to solicit in Iowa making untrue statements of material facts; omission of material facts.

Date of Order/Settlement: 2004-07-01 00:00:00

Hague, Mervin Duane

Evansdale IA

Allegation: Unregistered agent; misrepresentations; omissions of material facts in the sale of securities.

Resolution: Order: Cease and desist the offer or sale of unregistered non exempt securities; acting as securities agent without registration in Iowa; making untrue statements; omitting material facts.

Date of Order/Settlement: 2004-07-01 00:00:00

Hartsock, Jason A.

Iowa City IA

Allegation: Failure to disclose any prior criminal history

Resolution: Order: Iowa Insurance license revoked.

Date of Order/Settlement: 2004-06-24 00:00:00

Dodd, Larenzo

Cedar Rapids IA

Allegation: Failure to disclose all criminal convictions on application

Resolution: Order: Denial of application for an linsurance license is upheld.

Date of Order/Settlement: 2004-06-24 00:00:00

Pekin Insurance Company

Pekin IL

Allegation: Allowed business from agent not properly licensed.

Resolution: Order: Pay $3500 Fine; Pay $1500 Costs; contact policyholders; resolve any unmet policyholder needs with costs assess to the agents/agency with report to Division on resolutions with policyholders.

Date of Order/Settlement: 2004-06-22 00:00:00

Sterling Blackthorn Inc

Mount Pleasant MI

Allegation: Selling/offering unregistered securities in Iowa.

Resolution: Order: Cease and desist the offer or sale of unregistered and non exempt securities in Iowa.

Date of Order/Settlement: 2004-06-10 00:00:00

Scott, Machuta

Mount Pleasant MI Allegation: Not registered as a securities agent in Iowa; Sold investments/promissory notes not registered as securities in Iowa. Resolution: Order: Cease and desist acting as an agent in Iowa without registration; cease and desist the orffer or sale of unregistered and non exempt securities in Iowa. Date of Order/Settlement: 2004-06-10 00:00:00

Standard Guaranty Insurance Company 58490

Miami FL

Allegation: Failure to cooperate with Divisions inquiry

Resolution: Consent Signed: Provided response to Divisions inquiry; Paid $500 Fine

Date of Order/Settlement: 2004-06-08 00:00:00

Sensor, Edward Lee

Sterling IL

Allegation: Unlicensed Insurance Producer; Twisting Policies; Misrepresentations in insurance applications; Suitability; Personal Loan from unrelated insurance customer; lack of character and competence

Resolution: Order: Adjudged to have committed the violations; Cease and desist from any further actions as set forth in the Statement of Charges; Assessed $2000 fine and $500 costs.

Date of Order/Settlement: 2004-05-24 00:00:00

Blue Square Management Inc

New York NY

Allegation: Not licensed as a broker-dealer or issuer to offer or sell securities in Iowa.

Resolution: Order: Cease and desist the offer or sale of unregistered non exempt securities; employing non registered agents in Iowa; making untrue statements of material facts; omission of facts; pay $5000 fine; $1000 costs

Date of Order/Settlement: 2004-05-19 00:00:00

Centre Life Insurance Company 58494

New York NY

Allegation: Failure to respond to Divisions inquiry

Resolution: Consent: Provide substantive response; Pay $1000 costs

Date of Order/Settlement: 2004-05-18 00:00:00

Crown Life Insurance Company 58493

Regina Saskatchewant Canada

Allegation: Failure to respond to Divisions inquiry

Resolution: Consent: Provide substantive response; Pay $500 Costs

Date of Order/Settlement: 2004-05-14 00:00:00

Matney, Rick L.

New Orleans LA

Allegation: Failure to respond to Divisions inquiry

Resolution: Consent: Provide a substantiave response; Pay $500 Costs

Date of Order/Settlement: 2004-05-14 00:00:00

Mutual Service Life Insurance Company 58487

Arden Hills MN

Allegation: Failure to respond to Division inquiry

Resolution: Consent: Provide substantive response; pay $500 Costs

Date of Order/Settlement: 2004-05-14 00:00:00

Royal Indemnity Company 58489

Charlotte NC

Allegation: Failure to respond to Division request for information

Resolution: Consent signed: Provide substantive response to Divisions inquiry; Pay $500 Costs

Date of Order/Settlement: 2004-05-14 00:00:00

Schlitter, Travis P. 58008

Davenport IA

Allegation: Failure to pay child support

Resolution: License Suspended

Date of Order/Settlement: 2004-05-12 00:00:00

TIG Insurance Company 58504

Irving TX

Allegation: Failure to provide response to Divisions inquiry

Resolution: Consent: Provide a stubstantive response; Pay $1000 Costs

Date of Order/Settlement: 2004-05-05 00:00:00

Amerivision Communications Inc

Oklahoma City OK

Allegation: Sale of unregistered securities

Resolution: Cease and Desist the offer or sale of unregistered securities and non-exempt securities

Date of Order/Settlement: 2004-05-03 00:00:00