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
Madyun, Naim H. 58939

Des Moines IA

Allegation: Failure to satisfy bail bond judgments; took premium but failed to post bond.

Resolution: Affirmed Order: License suspended indefinitely.

Date of Order/Settlement: 2004-01-05 00:00:00

Lincoln Benefit Life Company 58941

Northbrook IL

Allegation: Failure to respond to Division inquiry

Resolution: Consent Signed: Provide a response; $500 Fine; $100 Costs

Date of Order/Settlement: 2001-10-23 00:00:00

Huff Jr., Roland L. 58942

Des Moines IA

Allegation: Misappropriation; refusal to cooperate; lack of character.

Resolution: Consent signed: License revocation.

Date of Order/Settlement: 2002-03-25 00:00:00

Huff Sr., Roland L 58942

Des Moines IA

Allegation: Replacement violations

Resolution: Consent signed: Cease and desist; $500 Costs

Date of Order/Settlement: 2001-06-19 00:00:00

Ayala, Adriane 58944

Savannah GA

Allegation: Failure to report prior disciplinary action

Resolution: Order: License suspended until $400 Fine and $100 Costs paid

Date of Order/Settlement: 2001-11-07 00:00:00

American General Assurance Company 58945

Schaumburg IL

Allegation: Failure to respond to Division inquiry

Resolution: Consent Signed: Provide a response; $500 Fine $100 Costs

Date of Order/Settlement: 2001-11-28 00:00:00

Andersen, Elizabeth J. 58952

Fort Dodge IA

Allegation: Prior disciplinary action

Resolution: Consent Signed: Licensure permanently restricted to Qualification 16 personal lines; work subject to regular review by licensed producer.

Date of Order/Settlement: 2001-11-16 00:00:00

Ross, Michael J. 58953

Hopkinton IA

Allegation: Improper Sales

Resolution: Consent Signed: Permanent license revocation

Date of Order/Settlement: 2001-09-25 00:00:00

Herrera, Sharon S. 58954

West Des Moines IA

Allegation: Unsuitable Sales; Unfair Trade practices

Resolution: Consent Signed: 2 yr. Probation; Cease and Desist from violations;

Date of Order/Settlement: 2001-09-25 00:00:00

Herrera, Richard L. 58955

West Des Moines IA

Allegation: Unsuitable Sales; Unfair trade practices

Resolution: Consent Signed: 2 yr. Probation; Cease and Desist from violations

Date of Order/Settlement: 2001-09-25 00:00:00

Courtney, Mark A. 58956

Guthrie Center IA

Allegation: Improper Sales

Resolution: Consent Signed: Permanent license revocation

Date of Order/Settlement: 2001-09-25 00:00:00

Cooper, Vernon W. 58977

Cedar Rapids IA

Allegation: Issued promissory notes to insurance customers

Resolution: Consent Signed: Voluntary Suspension of license pending resolution of issues surrounding promissory notes to clients

Date of Order/Settlement: 2002-08-01 00:00:00

Mollin, Harold P. 58978

Manhasset NY

Allegation: Failure to report administrative action

Resolution: Order: License revoked

Date of Order/Settlement: 2001-03-20 00:00:00

Spencer, Robert O. 58981

Allegation: Replacement violations; suitability sales

Resolution: Consent signed: 2 yrs probation; $500 Costs; reimburse client surrender charges

Date of Order/Settlement: 2001-02-28 00:00:00

International Marine Water Safety Foundation 58992

Blainville Quebec Canada

Allegation: Unauthorized insurance company

Resolution: Order for Default: Cease and Desist as an unauthorized insurer in Iowa; $50000 Fine

Date of Order/Settlement: 2002-05-01 00:00:00

Gesink Jr., Henry 58993

Sheldon IA

Allegation: Selling unauthorized insurance products

Resolution: Consent Signed: Cease and Desist from selling unauthorized ins. Products; Pay all outstanding health claims after final resolution of US Dept of Labor action against Employers Mutual L.L.C. $45400.

Date of Order/Settlement: 2002-03-14 00:00:00

Rouse, Janie E. 58994

Des Moines IA

Allegation: Appealed denial of licensure

Resolution: Order: Denial of Licensure upheld; may resubmit application on or after 9/30/02 Pay $200 Costs.

Date of Order/Settlement: 2002-07-03 00:00:00

Applegate, William B. 59000

Leon IA

Allegation:

Resolution: Consent signed: Voluntary Suspension of license; Pay $400 Fine; $100 Costs

Date of Order/Settlement: 2002-09-10 00:00:00

Lopez, Wilson Joseph 59001

Bellevue NE

Allegation: Other states action

Resolution: Consent Signed: 1 year Probationary license with life and health qualifications restrictions

Date of Order/Settlement: 2002-10-10 00:00:00

Stephens, Dennis M. 59040

Lake Mills IA

Allegation: Violations of previous order regarding prohibited loan activity

Resolution: Order of Summary Suspension: License suspended immediately; cease and desist from participating in the business of insurance in Iowa; and from soliciting or receiving any further loans from unrelated insurance clients; Pending hearing date 12/18/03

Date of Order/Settlement: 2003-11-20 00:00:00

Ober, Dennis J. 59048

Des Moines IA

Allegation: Sale of unregistered securities and/or business opportunities

Resolution: Consent signed: License probation until 7/1/07; repay all commissions and/or finders fees of $41940; Pay $1000 Costs; sell only approved insurance and securities products.

Date of Order/Settlement: 2004-01-08 00:00:00

Wilkin, Walter W. 59061

Fairbank IA

Allegation: Misrepresenting terms of a proposed insurance contract; forgery and executing insurance transactions without authority; failure to cooperate with Division investigation; twisting; unadmitted replacement.

Resolution: Order: Iowa insurance producer license revoked permanently.

Date of Order/Settlement: 2004-03-22 00:00:00

Revland, Markis K. 59062

Arnolds Park IA

Allegation: Failure to notify Iowa Ins. Division of other states prior actions

Resolution: Order: Iowa Insurance license permanently revoked; Pay $5000 Fine; $500 Costs.

Date of Order/Settlement: 2004-03-11 00:00:00

Lorenzen, Monte 59063

Panora IA

Allegation: Sale of unregistered securities/viatical settlement contracts; unregistered securities agent; fraudulent securities practices; misrepresentation of material facts; unsuitable sales; advertising violations;violation of prior order and consent to order.

Resolution: Consent signed: Cease any offers & all sales of insurance products on 5/1/04; surrender Iowa insurance producer license 5/30/04; permanently barred from reapplying for Iowa insurance license & securities license; cease & desist; Pay $1000 Costs

Date of Order/Settlement: 2004-04-01 00:00:00

IOA Re Inc 59069

Plymouth Meeting PA

Allegation: Failure to have third party administrator bond in force.

Resolution: Consent signed: Certificate of Registration to act as a third-party administrator in Iowa is suspended until another surety bond is obtained and payment of $250 Costs

Date of Order/Settlement: 2004-03-08 00:00:00

Strohmeier, Gretchen A. 59071

Springboro OH

Allegation: Selling annuity insurance policies in Iowa without a license in December 1994 and February 1995.

Resolution: Consent signed: Pay $1100 Fine; Have active nonresident Iowa license before selling in Iowa; Report any administrative action taken within 30 days.

Date of Order/Settlement: 2004-02-05 00:00:00

Murphy, Michael S. 59073

Elizabeth City NC

Allegation: Violations of Iowa uniform Securities Act: Misrepresentations; Omissions

Resolution: Order: Cease and Desist making untrue statements of material facts in the offer or sale of securities; from omitting misleading material facts; assessed $10000 civil penalty.

Date of Order/Settlement: 2004-02-12 00:00:00

UBS Securities LLC 59074

Stamford CT

Allegation: "Investment banking interests" influenced the firms research; published exaggerated or unwarranted research; failed to adequately supervise its research and banking departments.

Resolution: Consent Cease and desist without admitting or denying allegations; Pay $250000 Fine

Date of Order/Settlement: 2004-03-19 00:00:00

Credit Suisse First Boston LLC 59096

New York NY

Allegation: Failure to supervise; Conflicts of interest between banking and analyst functions

Resolution: Consent Order: without admitting or denying allegations to Cease and Desist; Pay $750000 Fine

Date of Order/Settlement: 2004-03-30 00:00:00

Lund, William J. 59170

Norwalk OH

Allegation: Selling unlicensed crop insurance programs

Resolution: Consent Signed: Cease & Desist; Use approved marketing material; $500 Costs

Date of Order/Settlement: 2002-07-18 00:00:00

Kolbe, Joseph R. 59227

Bradenton FL

Allegation: Unsuitable Sales & Twisting

Resolution: Consent signed: 2 yrs probation; $2500 Fine; $750 Costs

Date of Order/Settlement: 2001-02-28 00:00:00

Lavin, Larry 59293

Milford IA

Allegation: Failure to respond to Division inquiries

Resolution: Consent Signed: 1 yr probation; certify compliance with insurance laws and regulations; Cease and Desist; Costs: $1000

Date of Order/Settlement: 2001-04-30 00:00:00

Barth, Douglas N. 59294

Independence IA

Allegation: Misappropriation of premiums

Resolution: Order signed: License permanently revoked

Date of Order/Settlement: 2001-05-01 00:00:00

Hrdlicka, Raymond W. 59295

Fremont CA Allegation: Failure to notify of other state's action Resolution: Consent Signed: License revoked for 10 years; $200 Fine; $100 Costs Date of Order/Settlement: 2001-07-10 00:00:00

Scribner, Monica F. 59298

Omaha NE

Allegation: Sale of unregistered securites and/or unregistered business opportunities

Resolution: Consent signed: 1 yr probation; repayment of commissions and finders fee payments of $3500.

Date of Order/Settlement: 2003-02-13 00:00:00

Christensen, Daniel J. 59300

Dubuque IA

Allegation: Failure to cooperate in an investigation

Resolution: Order: Insurance License suspended; $500 Fine; $100 Costs; respond to Division inquiry

Date of Order/Settlement: 2003-05-22 00:00:00

Moeller, Gregory M. 59301

Mount Pleasant IA

Allegation: Sale of unregistered securities and/or business opportunities

Resolution: Consent signed: 1 yr. probation; repay all commissions of $1400;sell only approved products.

Date of Order/Settlement: 2003-03-12 00:00:00

Lippold, Robert J. 59302

Des Moines IA

Allegation: Sale of unregistered securities and/or unregistered business opportunities

Resolution: Consent Signed: 1 yr probation; Pay $3500 civil penalty to IID; sell only approved products.

Date of Order/Settlement: 2003-03-17 00:00:00

McGinnis, Douglas D. 59303

Shenandoah IA

Allegation: Sale of unregistered securities and/or business opportunities

Resolution: Consent signed: 1 yr probation; repay all commissions and/or finders fees $9000; sell only approved insurance products.

Date of Order/Settlement: 2003-03-17 00:00:00

Daugherty, Sandra J. 59304

Madrid IA

Allegation: Criminal complaints

Resolution: Consent signed: License revoked permanently

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

Baxter, Raymond E. 59305

Ft. Madison IA

Allegation: Sale of unregistered securities and/or unregistered business opportunities

Resolution: Consent signed: 1 yr probation; repayment of commissions and finders fee payments $2695.

Date of Order/Settlement: 2003-02-10 00:00:00

Buchholz, Barry L. 59306

Cedar Rapids IA

Allegation: Replacement violations

Resolution: Consent signed: Cease and desist violating replacement laws and regulations: pay $2000 Civil Penalty; $500 Costs

Date of Order/Settlement: 2003-03-11 00:00:00

Ohio National Life Insurance Company 59307

Cincinnati OH

Allegation: Replacement violations

Resolution: Consent Signed: Pay civil Penalty of $15000; Pay $2200 Costs; Submit to Division $21054 in commissions earned by agent; compliance with insurance regulations laws regarding replacement.

Date of Order/Settlement: 2003-04-04 00:00:00

Johnson, Willard G. 59309

Geneseo IL

Allegation: Sale of unregistered securities and/or business opportunities

Resolution: Consent Signed: Voluntary surrender of Iowa Insurance license; repay commissions of $11200 before eligible for relicensing in Iowa; Cease and Desist insurance business or securities business in IA

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

Freese, Jason C. 59310

Altoona IA

Allegation: Intentional misrepresentation of proposed insurance contract; using faudulent coercive or dishonest business practices; failure to cooperate.

Resolution: Consent signed: 2 Year supervised probation; May not sell solicit or negotiate contracts during probationary period; submit quarterly reports; subject to reviews; Cooperate with Divisions investigations; pay $1600 Costs

Date of Order/Settlement: 2003-07-30 00:00:00

McCain, Larry D. 59311

Sioux City IA

Allegation: Failure to cooperate

Resolution: Consent signed: 2 yrs probation; cooperate with Divisions investigation into complaints; Pay $2500 Costs.

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

Lavin, Larry B. 59313

Milford IA

Allegation: Sale of unregistered securities and/or unregistered business opportunities

Resolution: Consent signed: 1 yr; probation; Repay commissions and/or finders fees; Restitution on pro-rata basis to Iowa investors of $18480; sell only approved products or investments.

Date of Order/Settlement: 2003-03-31 00:00:00

Revland, Markis K. 59314

Arnolds Park IA

Allegation: Failure to comply with previous order and failure to respond to Division inquiry

Resolution: License suspended

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

Revland, Markis K. 59314

Arnolds Park IA

Allegation: Sale of unregistered securities and/or business opportunities

Resolution: Consent signed: 2 yr probation; repay all commissions and/or finders fees of $19460; repay investors a prorata portion; pay $1000 administrative penalty; sell only approved insurance products.

Date of Order/Settlement: 2003-04-02 00:00:00

Bratty, Brooke 59315

Council Bluffs IA

Allegation: Sale of unregistered securities and/or business opportunities; failure to cooperate in an investigation by the Insurance Division.

Resolution: Order signed: Insurance license suspended; Pay $500 Fine; provide information to Iowa Ins. Div before suspension is lifted.

Date of Order/Settlement: 2003-05-08 00:00:00