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 Order Date Subject Entity Order
Adam Jr., Jack

Ankeny IA

Allegation: Failed to Notify the Division of Criminal Proceedings.

Resolution: Order and Consent to Order monetary penalty assessed.

Date of Order/Settlement: 2008-04-02 00:00:00

Privolos, George T. 59368

Bloomington IL

Allegation: Provided incorrect information on license application

Resolution: Order: License revoked; Pay $500 Fine and $200 Costs before relicensure

Date of Order/Settlement: 2005-07-29 00:00:00

Zaber, John T. 58744

Dubuque IA

Allegation: Omission from insurance application; false statement to an insurer and the Iowa Insurance Division.

Resolution: Consent signed: 2 yr probation; Pay $1000 Fine; $250 Costs

Date of Order/Settlement: 2003-08-29 00:00:00

Success Trust and Holding LLC

Simpsonville SC

Allegation: Sale of unregistered security.

Resolution: Cease and Desist Order issued.

Date of Order/Settlement: 2007-03-15 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

Conseco Senior Health Insurance Company

Carmel IN

Allegation: Failure to respond to Division inquiry

Resolution: Consent Signed: Provide response to Division; Pay $500 Fine $100 Costs

Date of Order/Settlement: 2002-09-25 00:00:00

Whitinger, Trent

Fairfax IA

Allegation: Falsified coverage

Resolution: Consent Order issued suspending insurance producer license for 180 days and imposed a civil penalty.

Date of Order/Settlement: 2008-12-31 00:00:00

Artz, Scott 59395

Sarasota FL

Allegation: Failure to notify of other states action

Resolution: Order; License revoked; $250 fine

Date of Order/Settlement: 2005-12-22 00:00:00

Segal, Michael 58423

Chicago IL

Allegation: Failure to report administrative actions within 30 days of conclusion of such matters

Resolution: Consent signed: Agrees to immediate suspension of license until underlying federal charges are resolved; upon resolution may petition to lift suspension; Cease and Desist any insurance activity in Iowa.

Date of Order/Settlement: 2004-02-18 00:00:00

Parker, Jay A. 57985

Cicero IL

Allegation: Failure to respond to Ins. Div.; Failure to report Administrative Action

Resolution: Order: License Suspended; $500 Fine; $100 Costs; provide a complete response and pay fine and costs.

Date of Order/Settlement: 2000-11-13 00:00:00

Moscoso, Luis

Dubuque IA

Allegation: Unauthorized Insurer; Failure to disclose to policyholders that NFA is not a tax exempt organization; Misleading sales presentations; Unlawful solicitation of insurance business; Unsuitable transactions or recommendations.

Resolution: Consent Order signed: Insurance producer license is revoked and is permanently barred from reapplying for insurance license or applying for a securities agent license or investment advisor representative license.

Date of Order/Settlement: 2007-08-21 00:00:00

Premium Income Corporation 58124

Seattle WA

Allegation: Sale of unregistered securities in Iowa; misrepresentations and omissions in the sales of unregistered securities

Resolution: Cease and desist order in the sale of unregistered securities by an unregistered agent.

Date of Order/Settlement: 2005-03-22 00:00:00

Petersen, Jeff A. 59316

Sioux City IA

Allegation: Unlicensed activity

Resolution: Consent signed: Cease and Desist with unlicensed offer and sale of insurance; Pay costs of $7000.

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

Opheim, James

Spencer IA

Allegation: Misappropriation of funds

Resolution: Summary suspension Order to Cease and Desist and Revocation

Date of Order/Settlement: 2009-07-31 00:00:00

Steiber, Danny

Janesville IA

Allegation: Failure to Respond

Resolution: Order - License revoked

Date of Order/Settlement: 2006-09-22 00:00:00

Semon, Roy L. 58680

Sergeant Bluff IA

Allegation: Advertising violations

Resolution: Consent signed: 2 yr probation; $500 Fine and $200 Costs paid.

Date of Order/Settlement: 2003-06-02 00:00:00

Smith, Douglas

Ankeny IA

Allegation: Misrepresentation; Replacement violation

Resolution: Decision - 2 yr probation; 30 day suspension; Civil penalty assessed.

Date of Order/Settlement: 2006-12-20 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

Rhone, Robert M. 59594

Mingo IA

Allegation: Failure to submit premiums to ins. co..

Resolution: Consent Signed: License suspended: pay $800 Fine; $200 Costs; Maintain separate premium trust account.

Date of Order/Settlement: 2002-05-09 00:00:00

Grosvenor, Maria

Riverview FL

Allegation: Failure to disclose a criminal conviction on license application.

Resolution: Consent Order issued and a monetary penalty assessed.

Date of Order/Settlement: 2008-05-20 00:00:00

Northrop, Kenneth

Floyd IA

Allegation: Named as a beneficiary on a policy of an unrelated policyholder

Resolution: Consent: Cease and desist violation; 1 year probation; repay to the estate the amount received

Date of Order/Settlement: 2005-09-12 00:00:00

Mutual of Omaha Insurance Company 59345

Omaha NE

Allegation: Failure to comply with requirements of external review procedure

Resolution: Consent signed: Pay $500 Fine

Date of Order/Settlement: 2003-11-26 00:00:00

Duffin, Richard

Lehi UT

Allegation: Unregistered investment advisor and representative.

Resolution: Consent Order signed and civil penalty assessed.

Date of Order/Settlement: 2007-05-29 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

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

Moffitt, Joann M.

Olathe KS

Allegation: Misappropriating monies; using fraudulent coercive or dishonest practices in the conduct of business; demonstrating incompetence untrustworthiness or financial irresponsibility in the conduct of business.

Resolution: Order issued and a consent order issued revoking insurance producer license.

Date of Order/Settlement: 2009-03-04 00:00:00

Flowers, Larry W.

Gainsville GA

Allegation: Failure to notify Division of prior actions; Failure to cooperate with investigation.

Resolution: License revoked.

Date of Order/Settlement: 2006-03-22 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

Johnson, Mark W. 59535

Sparta WI

Allegation: Unsuitable sales; duplication of coverage

Resolution: Order signed: License revoked permanently and forevermore

Date of Order/Settlement: 2001-06-18 00:00:00

Yamada, Judy Ann

Harlan IA

Allegation: Failure to disclose criminal convictions on appl. For licensure.

Resolution: Consent signed & monetary penalty assessed.

Date of Order/Settlement: 2007-10-15 00:00:00

Augustine, Amanda 58630

Streator IL

Allegation: Failure to notify Division of prior actions

Resolution: Order: License revoked; pay Fine of $500 and Costs of $200 before relicensure.

Date of Order/Settlement: 2005-04-27 00:00:00

Kiegley, Douglass 59469

Adel IA

Allegation: Alleged Sale of Unregistered Securities

Resolution: Consent Signed: Permanent Revocation of License

Date of Order/Settlement: 2001-09-25 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

Praul, Allen D. 58123

Bettendorf IA

Allegation: Sale of unregistered securities; omitting material facts/ information; misstatements of material facts; practice to defraud; unregistered as a securities agent; unsuitable sales; exerted undue influence over clients.

Resolution: Consent signed: insurance license revoked; permanently barred from reapplying; permanently barred from applying for securities license.

Date of Order/Settlement: 2005-06-21 00:00:00

NCMIC Insurance Company 58726

Des Moines IA

Allegation: Failure to file notice of dividends

Resolution: Consent signed: List dividends from 1/1/00 to present; Report list of dividends to shareholders within timeframe parameters of declaration; Pay $1500 Fine; $500 Costs

Date of Order/Settlement: 2003-07-03 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

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

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

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

Newkirk, Timothy 59396

De Pere WI Allegation: Failure to notify of other state's action Resolution: Order; License revoked $250 fine Date of Order/Settlement: 2005-12-22 00:00:00

Goldman Sachs & Co 58413

New York NY

Allegation: Failure to adequately supervise companies and investment banking staff.

Resolution: Consent: without admitting or denying cease and desist and pay $250000 Fine

Date of Order/Settlement: 2004-01-30 00:00:00

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

Riley, Dennis E.

Cedar Falls IA

Allegation: False statements and entries misrepresentation by producer on insurance application; omission of producers name on application; dishonesty.

Resolution: Consent signed: Cease and desist violation; license suspended for 30 days; after suspension 2 year probation; complete CE ethics class; send copies of any complaints to Division within 30 days of receipt; pay $13000 fine and costs.

Date of Order/Settlement: 2004-12-09 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

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

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

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

Arey, Chad

Des Moines IA

Allegation: Misrepresentation on license renewal application

Resolution: Order & Consent to Order; paid civil penalty and costs.

Date of Order/Settlement: 2006-10-09 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

Montgomery, Carla S. 59710

Medical Lake WA

Allegation: Failure to notify of prior actions

Resolution: Consent Signed: $100 Fine; $100 Costs

Date of Order/Settlement: 2002-02-15 00:00:00