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
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

Basset, James N.

Algona IA

Allegation: Failure to pay child support

Resolution: License suspended

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

United American Insurance Company 59599

McKinney TX

Allegation: Market Conduct Exam

Resolution: Consent Signed: Implement procedures; $5000 Fine

Date of Order/Settlement: 2002-05-28 00:00:00

Conseco Life Insurance Company

Allegation: Failure to respond to company exam relating to the use of R-Factor in policies.

Resolution: Consent Order - Civil penalty $725000 and costs assessed.

Date of Order/Settlement: 2007-03-21 00:00:00

OConnor Jr., Jerome J. 58743

Omaha NE

Allegation: Failure to notify the Iowa Insurance Division of prior administrative actions 2/26/04 Failure to pay fine.

Resolution: Consent signed: 1 year license probation; Pay $750 civil penalty; report any administrative action taken against him within 30 days of final disposition 2/26/04; License suspended.

Date of Order/Settlement: 2003-12-04 00:00:00

Robins, Jeananne

Clemmons IA

Allegation: Child support violation.

Resolution: Order for Suspension issued.

Date of Order/Settlement: 2009-01-05 00:00:00

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

Burkett, Jeffrey 59394

Warren OH

Allegation: Failure to notify of other states action

Resolution: Order; License revoked $250 fine

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

Golden American Life Insurance Company

West Chester PA

Allegation: Violations of right to return life insurance policy or annuity (free look).

Resolution: Consent: Refund to consumers of difference in premium; Pay $1000 Costs; Compliance.

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

Christensen Jr., Robert A. 59340

Atlantic IA

Allegation: Violation of Commissioners Order; Dishonest practices and incompetence; Failure to inform of address change

Resolution: Order: License revoked

Date of Order/Settlement: 2003-03-21 00:00:00

Hughes, Chuck

Hot Springs NC

Allegation: Transacted business as an investment adviser representative without being registered.

Resolution: Order and Consent Order signed and Hughes reimbursed former subscriber $2500.

Date of Order/Settlement: 2007-10-19 00:00:00

Bates, David 58019

Barnum IA

Allegation: Acting as unregistered securities agent

Resolution: Order: Cease and desist acting as a securities agent without registration.

Date of Order/Settlement: 2004-04-20 00:00:00

Harl, Christopher 58122

San Antonio TX

Allegation: Failure to notify of criminal action within 30 days

Resolution: Consent: Cease and desist; Pay $125 Fine and $125 Costs

Date of Order/Settlement: 2005-05-03 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

Vendemia, Joseph

Poplar Grove IL

Allegation: Unlicensed sale of insurance; Accepting insurance from an individual who is not licensed.

Resolution: Cease and Desist Order; Civil penaltyassessed.

Date of Order/Settlement: 2006-12-28 00:00:00

Bacon, Jerry A 58725

Fort Dodge IA

Allegation: Improper sales of insurance products

Resolution: Consent signed: Cease and desist from further violations; 2 years probation; report consumer complaints; pay cost of $5000.

Date of Order/Settlement: 2003-07-21 00:00:00

McDonald, Simon

Milford CT

Allegation: Criminal History.

Resolution: Summary Order Denying Application for Securities Agent License.

Date of Order/Settlement: 2008-05-28 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

Cooper, Anastasia B. 58581

Charlotte NC

Allegation: Failure to notify of other states action

Resolution: Consent: Cease and desist violation; pay $125 Fine and $125 Costs

Date of Order/Settlement: 2005-09-14 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

Maxwell, Garlon

Pleasant Grove UT

Allegation: Unregistered investment advisor.

Resolution: Consent Order signed and civil penalty assessed.

Date of Order/Settlement: 2007-05-29 00:00:00

Ronnfeldt, Gary B. 58627

Miles IA

Allegation: Misappropriation of premiums; converted funds to personal use

Resolution: Consent signed: License permanently revoked.

Date of Order/Settlement: 2004-02-06 00:00:00

Wilcox, Travis

Ankeny IA

Allegation: Demonstrated incompetence untrustworthiness or financial irresponsibility in the course of conducting business.

Resolution: Consent Order issued and monetary penalty assessed.

Date of Order/Settlement: 2009-03-09 00:00:00

Gamel, Sheri M.

Colorado Springs CO

Allegation: Failure to notify the Division of administrative action from other state.

Resolution: Order and Consent to Order

Date of Order/Settlement: 2006-03-28 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

Pierce, Judith

Independence IA

Allegation: Used funds to pay herself and certain persons funds to which they were not entitled and failed to follow a direct Order of the Commissioner.

Resolution: Consent Order issued and Producer License surrendered.

Date of Order/Settlement: 2009-05-29 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

Zimmerman, Jamie A. 58873

West Branch IA

Allegation: Conversion of client funds

Resolution: Consent signed: Revocation of Securities agent license and permanently barred from reapplying effective 1/13/03; Revocation of insurance producer license and permanently barred from reapplying effective 4/25/03

Date of Order/Settlement: 2003-04-25 00:00:00

Johnson Jr., Ralph

West Des Moines IA

Allegation: Criminal History

Resolution: Summary Order Denying Application for Sales Agent License.

Date of Order/Settlement: 2008-01-18 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

Simmons, Henry 58158

Virginia Beach VA

Allegation: Failure to notify of other state administrative action; Failure to respond

Resolution: Order- License revoked.

Date of Order/Settlement: 2005-07-01 00:00:00

Continental Casualty Company 59733

Chicago IL

Allegation: Failure to respond to Division inquiry

Resolution: Consent signed: Respond to inquiry; $500 Fine; $100 Costs

Date of Order/Settlement: 2002-02-20 00:00:00

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

Winders, Timothy P. 58747

Sioux City IA

Allegation: Improper offer and sale of annuity contract

Resolution: Consent signed: 2 yrs probation; Cease and Desist from further violations; Report all consumer complaints to the Insurance Division within 30 days.

Date of Order/Settlement: 2003-09-19 00:00:00

Clem, Anthony

Ames IA

Allegation: Sumitted a falsified proof of insurance card to Insurance Company to obtain a refund of premiums for customer.

Resolution: Consent Order issued and monetary penalty assessed.

Date of Order/Settlement: 2008-09-11 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

Pell, Melissa 58185

Kenova WV 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

Ferguson, Bethany L.

Fredericksburg VA

Allegation: Failure to notify IID of other states actions

Resolution: Order issued: License suspended; Pay $250 Fine; $100 Costs; Give complete information as requested.

Date of Order/Settlement: 2002-11-04 00:00:00

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

Lavin, Larry 58472

Milford IA

Allegation: Violation of previous order

Resolution: License suspended

Date of Order/Settlement: 2004-02-26 00:00:00

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

Olive, Richard K.

Franklin TN

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. Cease and desist violations.

Date of Order/Settlement: 2007-09-06 00:00:00

Sensor, Edward L.

Sterling IL

Allegation: Unlicensed insurance producer; twisting; misrepresentations;suitability; personal loan; lack of character and competence;

Resolution: Cease and Desist Order: the offer or sale of unregistered securities; lending or borrowing money or securities from an unrelated customer; making untrue statements of material facts; omission of material facts; $5000 Fine.

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

Swafford, Judi A.

Oklahoma City OK

Allegation: Failure to disclose on license application; failure to to notify Diviison of prior actions; revocation of license by another state; failure to cooperate with investigation

Resolution: Order: License revoked; Pay $250 Fine before licensure may be restored

Date of Order/Settlement: 2005-03-23 00:00:00

Pleggenkuhle, Jason E. 59446

Des Moines IA

Allegation: Failure to notify of other administrative action

Resolution: Consent Signed: Permanent License revocation

Date of Order/Settlement: 2001-07-10 00:00:00

Hesebeck, Sherewin

Sheldon IA

Allegation: Altered insurance policy applications and altered client premium checks.

Resolution: Order and Consent to Order issued and monetary penalty assessed. Insurance producer license suspended for 180 days.

Date of Order/Settlement: 2009-08-12 00:00:00

Tradewinds Holding Company A.V.V. 58770

Davie FL

Allegation: Unregistered securities Unregistered agents Ommissions and Misrepresentations.

Resolution: Cease & Desist Order issued.

Date of Order/Settlement: 2006-11-01 00:00:00

Frey, Terry G.

Cedar Rapids IA

Allegation: Violation of unfair trade practices

Resolution: Consent signed: Insurance license surrentered and made inactive pending resolution of the statement of charges; shall not sell solicit or negotiate insurance in Iowa until such time if any license is reactivated

Date of Order/Settlement: 2003-06-10 00:00:00

Flaherty, Kevin

Oskaloosa IA

Allegation: Failure to respond to Division and Failure to notify Division of address change.

Resolution: Decision issued revoking producer license and assessed a monetary penalty.

Date of Order/Settlement: 2008-04-22 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