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
Anania, Milton W. (Mike)

Des Moines IA

Allegation: Using unlicensed individuals to solicit and sell; allowing them to sign his name and submit applications; collected commissions for these sales.

Resolution: Consent signed; license suspended 30 days; 1 year probation; Cease and Desist charging $50 documentation fee; Attend ethics class; Pay $5000 fine $500 administrative costs.

Date of Order/Settlement: 2004-12-14 00:00:00

Reno, Mark

Des Moines IA

Allegation: Misappropriation of money; Dishonesty incompetence untrustworthiness; Failure to notify Division of address change.

Resolution: Consent Order signed; License revoked and barred from reapplying for 2 yrs.

Date of Order/Settlement: 2007-09-14 00:00:00

Hasan, L. Basheer

Des Moines IA

Allegation: Acted as an unregistered securities agent and investment advisor

Resolution: Order Agreement and Consent Order - Cease & Desist

Date of Order/Settlement: 2006-08-03 00:00:00

Ullico Casualty Company March 20, 2013 Insurance Insurance Company

Suspension Order

Miover, Peter E.

Pilot Mound IA

Allegation: Appealing Proposed Decision Denying Licensure

Resolution: Order Affirming Proposed Decision and Denying Licensure

Date of Order/Settlement: 2008-08-11 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

Ball, Roger

Blair NE

Allegation: Failed to disclose previous administrative actions in his applications to become a non-resident Iowa Insurance producer.

Resolution: Consent Order issued and monetary penalty assessed.

Date of Order/Settlement: 2009-08-13 00:00:00

Anderson, Thomas K.

Davenport IA

Allegation: Failure to comply with Other State Agency - DHS; Non-compliance w/order of Child Support.

Resolution: Iowa Insurance Producer License suspended.

Date of Order/Settlement: 2007-04-23 00:00:00

Murphy, Michael J.

Deephaven MN

Allegation: Failure to report other states action.

Resolution: Order and Consent to Order and Agreement issued and a monetary penalty assessed.

Date of Order/Settlement: 2008-01-09 00:00:00

Lavin, Larry

Milford IA

Allegation: Violation of previous order

Resolution: Consent Signed: Insurance license permanently revoked.

Date of Order/Settlement: 2004-04-08 00:00:00

Doctors and Surgeons National Risk Retention Group IC, Inc. November 1, 2016 Insurance Insurance Company

Summary Order of Suspension

Klear Vu Kovers

Janesville IA

Allegation: Unregistered securities; Unregistered agents and Ommissions.

Resolution: Cease & Desist order issued.

Date of Order/Settlement: 2006-11-08 00:00:00

Geertsma, Mark

Independence IA

Allegation: Engaged in dishonest and unethical practices in the securities and investment business.

Resolution: Consent Order issued and monetary penalty assessed.

Date of Order/Settlement: 2009-01-21 00:00:00

Standard Life Insurance Company of Indiana August 7, 2012 Insurance Insurance Company

Suspension Order

Tallett, David

Cedar Rapids IA

Allegation: Advertising Violation

Resolution: Consent Order signed. Civil penalty assessed.

Date of Order/Settlement: 2007-07-19 00:00:00

Aviva USA

Des Moines IA

Allegation: allow unauthorized withdrawals from annuity trust.

Resolution: Consent Order issued.

Date of Order/Settlement: 2008-05-01 00:00:00

Schatz, Kenneth

Sioux City IA

Allegation:

Resolution: Order: license revocation rescinded

Date of Order/Settlement: 2006-02-17 00:00:00

Bliek, Roy

Hull IA

Allegation: Sale of unregistered securities; Unregistered agent

Resolution: Consent Order issued to cease and desist violations.

Date of Order/Settlement: 2009-05-03 00:00:00

Nelson, Judith

Tarpon Springs FL

Allegation: Unregistered securities Unregistered agent Ommissions and Misrepresentations.

Resolution: Order and Consent to Order signed. Civil penalty imposed in Cease & Desist is vacated.

Date of Order/Settlement: 2007-02-07 00:00:00

Cillo, Mark

Saint Louis MO

Allegation: Summary Cease and Desist Order

Resolution: Order Vacating Summary Cease and Desist Order

Date of Order/Settlement: 2009-05-27 00:00:00

(The) Just Foundation

Tarpon Springs FL

Allegation: Unregistered securities Unregistered agents Ommissions and Misrepresentations.

Resolution: Order and Consent to Order signed. Civil penalty imposed in Cease & Desist is vacated.

Date of Order/Settlement: 2007-02-07 00:00:00

Hartford Life Insurance Company

Simsbury CT

Allegation: Failure to respond to two separate inquiries related to a complaint received by the Division.

Resolution: Consent Order signed and a monetary penalty assessed.

Date of Order/Settlement: 2007-09-17 00:00:00

Rose, Noel S.

Yuma AZ

Allegation: Failure to notify of revocation of license in two states

Resolution: Order: Permanent license revocation

Date of Order/Settlement: 2004-03-15 00:00:00

Medical Savings Insurance Company June 3, 2011 Insurance Insurance Company

Suspension Order

Conseco Life Insurance Company May 28, 2010 Insurance Insurance Company

Regulatory Settlement Agreement

Stabile, Timothy

Ottumwa IA

Allegation: Stabile improperly withheld misappropriated or converted moneys received in the course of doing business.

Resolution: Order & Consent to Order - permanently barred from reapplying for an insurance producer license in Iowa and also permanently barred from reapplying for a securities agent license in Iowa.

Date of Order/Settlement: 2006-08-08 00:00:00

Whirlpool Corporation

Benton Harbor MI

Allegation: Failure to timely file renewal.

Resolution: Consent Order issued and monetary penalty assessed.

Date of Order/Settlement: 2008-08-13 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

Lumbermen's Underwriting Alliance May 29, 2015 Insurance Insurance Company

Order and Consent to Order

Marshall Cemetery Association

Marshalltown IA

Allegation: submitted verification that it repaid interest mistakenly withdrawn.

Resolution: Voluntary Settlement and Consent Order issued.

Date of Order/Settlement: 2009-08-19 00:00:00

Skaggs, Christopher

Iowa City IA

Allegation: Failure to disclose criminal history.

Resolution: Order and Consent to Order; Civil penalty.

Date of Order/Settlement: 2007-05-03 00:00:00

Maytag Corporation

Benton Harbor MI

Allegation: Failure to timely file and failure to respond.

Resolution: Consent Order issued and monetary penalty assessed.

Date of Order/Settlement: 2008-01-16 00:00:00

IDS Life Insurance Company

Minneapolis MN

Allegation: Failure to provide Free Look Period.

Resolution: Order and Consent to Order - No monetary penalty assessed.

Date of Order/Settlement: 2006-11-08 00:00:00

Trenwick American Reinsurance Corporation

Fairfield CT

Allegation: Failure to respond

Resolution: Consent issued and monetary penalty assessed.

Date of Order/Settlement: 2009-01-23 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

Certificate of Authority of National Contractors Insurance Company August 31, 2015 Insurance Insurance Company

Summary Order of Suspension

Penn Treaty Network America Insurance Company

Allentown PA

Allegation: Proposed a rate increases dated July 6 2007 for several types of long term care policies .

Resolution: Summary Order Denying Premium Rate Increase.

Date of Order/Settlement: 2007-07-20 00:00:00

Veenstra, Douglas

Tracy IA

Allegation: Appointment termination.

Resolution: Consent Order issued; heightened supervision and probation for 1 year and a monetary penalty assessed.

Date of Order/Settlement: 2008-05-02 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

United Fire & Casualty Company

Cedar Rapids IA

Allegation: Failure to report dividends

Resolution: Consent: Report dividends as directed; submit schedule; pay $1000 fine; $500 Costs

Date of Order/Settlement: 2006-02-17 00:00:00

Cillo, Mark

Saint Louis MO

Allegation: Misrepresentation

Resolution: Order Vacating Summary Cease and Desist Order

Date of Order/Settlement: 2009-05-27 00:00:00

Riverside Cemetery August 5, 2014 Regulated Industries Other

Consent Order and Notice of Right to Hearing

Oberreuter, Sheryl

Norway IA

Allegation: Issued retroactive coverage.

Resolution: Order and Consent to Order - Suspension of insurance producer license for 60 days; Civil Penalty and Costs were assessed.

Date of Order/Settlement: 2007-02-21 00:00:00

Simonsen Capital LLC

Coralville IA

Allegation: Acting as unlicensed investment adviser and unlcensed investment adviser representative in Iowa

Resolution: Voluntary agreement to register as investment adviser and investment adviser representative notify the Securities Bureau of any consumer complaints for calendar year 2005; pay $500 Costs.

Date of Order/Settlement: 2005-01-04 00:00:00

Barnett, Kevin

Louis MO

Allegation: Unregistered agent; Unregistered Securities; Omissions and Misrepresentations.

Resolution: Cease and Desist Order issued and a monetary penalty assessed.

Date of Order/Settlement: 2007-09-24 00:00:00

Urista, Jason C.

Columbia Heights MN

Allegation: Failure to disclose prior criminal history

Resolution: Order: Revocation of Iowa Insurance License

Date of Order/Settlement: 2004-03-15 00:00:00

Park Avenue Property and Casualty Insurance Company June 3, 2011 Insurance Insurance Company

Suspension Order

Bankson, James P.

San Clemente CA

Allegation: Failure to report other states action

Resolution: Consent: Cease and desist violation of Iowa laws; Pay $125 Fine and $12 Costs.

Date of Order/Settlement: 2005-08-26 00:00:00

Wachovia Capital Markets LLC

Charlotte NC

Allegation: Conflicts of interest between investment banking and equity research department failure to supervise its research analysts failed to maintain and produce in a timely manner certain books and records.

Resolution: Without admitting or denying findings of fact and conclusions of law Wachovia agreed to cease and desist failing to supervise and agreed to pay a civil penalty of $246500.

Date of Order/Settlement: 2006-08-15 00:00:00

Coventry Health Care of Iowa

West Des Moines IA

Allegation: Time and Notice requirements of external review procedure violations

Resolution: Consent signed: Pay $1000 Civil Penalty

Date of Order/Settlement: 2003-03-27 00:00:00