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.

Click to subscribe for an email update when new orders are added to this page.

 

Name Case Number Order Date Subject Entity Order
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

Raymond, Daniel R. 58348

Kansas City MO

Allegation: Failure to report criminal prosecution

Resolution: Order Signed: License revoked

Date of Order/Settlement: 2000-08-16 00:00:00

Bronfman, Aharon

South San Francisco CA

Allegation: Unlicensed Investment Advisor and Representative; Misrepresentations and Omissions.

Resolution: Cease & Desist order issued and a monetary penalty assessed.

Date of Order/Settlement: 2007-08-13 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

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

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

Christian, Crystal 58178

Colorado Springs CO

Allegation: Failure to disclose information on license application; Failure to notify Division of prior actions.

Resolution: Order signed: License revoked; Pay $500 fine before license may be restored.

Date of Order/Settlement: 2005-04-18 00:00:00

Bakken, Harlan T. 58879

Waukon IA

Allegation: Sale of unregistered securities and/or business opportunities

Resolution: Consent signed: 1 yr probation; repay all commissions and/or finders fees of $500; sell only approved insurance products.

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

Kemper, Daniel

Hallsville MO

Allegation: Misleading sales presentations; Misrepresenting the terms of a contract; demonstrating incompetence in the conduct of business; Failing to cooperate with an investigation.

Resolution: Default decision issued and license revoked.

Date of Order/Settlement: 2009-09-29 00:00:00

McCaa, Pam

Brownsville TX

Allegation: Unregistered securities agent; Solicited and sold unregistered securities in Iowa; and ommissions.

Resolution: Cease and Desist Order.

Date of Order/Settlement: 2006-11-13 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

Riggall, John 59575

Centerville IA

Allegation: Selling products not issued by a licensed insurance company

Resolution: Consent Signed: Cease and desist; 2 yr probation; supervision; pay monetary amount of $12000

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

Morgan Stanley & Co. Inc

New York NY

Allegation: Sale of Unregistered Securities

Resolution: Findings of Fact Conclusions of Law Consent Order issued and a monetary penalty assessed.

Date of Order/Settlement: 2008-05-06 00:00:00

Insurance Corporation of New York 58637

New York NY

Allegation: Failure to comply with Iowa minimum capital and surplus requirements

Resolution: Order: Certificate of Authority suspended

Date of Order/Settlement: 2005-08-22 00:00:00

Eichelberger, Kraig R. 58827

Dysart IA

Allegation: Advertising violations

Resolution: Consent signed: Obey all Iowa insurance advertising regulations; 2 year probation; pay costs of $250.

Date of Order/Settlement: 2003-10-14 00:00:00

Lueders, Christine

Deer Park IL

Allegation: Surplus Violations.

Resolution: Consent Order signed and civil penalty assessed.

Date of Order/Settlement: 2007-05-10 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

MacDonald, Stacy 59494

Scranton IA

Allegation: Sale of unregistered securities by unregistered agentl omissions of material facts in the sale of securities.

Resolution: Consent: 1 yr probation of insurance license; Payment to Bureau as settlement of disputed claims $10161.11

Date of Order/Settlement: 2003-01-07 00:00:00

Seibald, Jack

Hewlett Harbor NY

Allegation: Prior regulatory action

Resolution: Summary Order Denying Application for Securities Agent License.

Date of Order/Settlement: 2009-02-06 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

Ege Jr., John

Cherokee IA

Allegation: Failure to report criminal charges

Resolution: Order and Consent to Order civil penalty and costs assessed.

Date of Order/Settlement: 2006-07-24 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

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

Lindsey, Maryo

Waterloo IA

Allegation: Child Support Violation

Resolution: Order for Suspension issued.

Date of Order/Settlement: 2007-12-30 00:00:00

Harden, Tony L. 58126

Tampa FL

Allegation: Failure to notify Division of prior actions

Resolution: Order: License revoked; $500 Fine; $200 Costs

Date of Order/Settlement: 2005-05-23 00:00:00

Robey, Elmer E. 59318

Dubuque IA

Allegation: Accepting insurance business from unlicensed persons

Resolution: Consent signed: Iowa Insurance license suspended for six months; Pay $500 Fine and $250 Costs before suspension is lifted.

Date of Order/Settlement: 2003-06-30 00:00:00

Williams, Blair C.

Ankeny IA

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

Resolution: License suspended.

Date of Order/Settlement: 2007-01-24 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

Conseco Senior Health Insurance Company

Carmel IN

Allegation: Failure to respond to IID inquiry

Resolution: Consent Signed: Respond to IID; Pay $500 Fine; $100 Costs

Date of Order/Settlement: 2002-07-10 00:00:00

Stoner, Charles

Omaha NE

Allegation: sold insurance polices for a company not licensed to do business in Iowa.

Resolution: Consent Order issued and license revoked.

Date of Order/Settlement: 2008-07-21 00:00:00

Geels, Marc A.

Sioux Center IA

Allegation: Advertising violations

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

Date of Order/Settlement: 2005-12-07 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

Flattery, Edmond

Albia IA

Allegation: Criminal charges

Resolution: Order of Summary Suspension

Date of Order/Settlement: 2007-06-19 00:00:00

Gless, Richard E. 58077

Bettendorf IA

Allegation: Advertising violations; unsuitable sales; using unlicensed producers

Resolution: Consent signed: Use only company approved marketing materials; demonstrate suitablitity in sales; use licensed producers; 2 yrs probation; pay $750 Fine;

Date of Order/Settlement: 2004-11-19 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

Woods, Jerald

Elizabethtown KY

Allegation: Sale of unregistered securities; Unregistered agent; Misrepresentations and Omissions.

Resolution: Cease & Desist Order issued.

Date of Order/Settlement: 2009-04-10 00:00:00

Corder, Sandy

Highland IN

Allegation: Failure to respond to Division inquiries; submitted insufficient funds check.

Resolution: Consent to Order: License revoked; Pay $100 costs and fines before reapplication for licensure in Iowa; Cease and desist any violation of Iowa insurance laws

Date of Order/Settlement: 2005-02-24 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

McNeal, Jeannie M.

Cedar Rapids IA

Allegation: Child Support Violation

Resolution: Order for Suspension issued.

Date of Order/Settlement: 2009-07-09 00:00:00

Conoco Phillips Company

Houston TX

Allegation: Failure to provide current loss reserves for Iowa

Resolution: Consent Order issued and monetary penalty assessed.

Date of Order/Settlement: 2006-08-20 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

Employers Mutual LLC 59720

Carson City NV

Allegation: Unauthorized business of insurance

Resolution: Order signed: Cease and Desist doing business of insurance; $50000 Fine

Date of Order/Settlement: 2002-01-14 00:00:00

Grismore Jr., David

Corydon IA

Allegation: Manipulated the insurance producer computer system in order to receive numerous policies for himself without paying.

Resolution: Consent Order issued and license revoked.

Date of Order/Settlement: 2008-03-17 00:00:00

Washington National Insurance Company

Carmel IN

Allegation: Failure to appoint insurance producers in Iowa

Resolution: Consent: Cease and desist failing to appoint producers; pay $4200 Fine and $1000 Costs

Date of Order/Settlement: 2005-07-26 00:00:00

Straka, Catherine A. 58687

Council Bluffs IA

Allegation: Misappropriation of client funds

Resolution: Consent signed: Insurance license revoked; permanently barred from reapplying for an insurance producer license.

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

Townsend, Patricia

Morton IL

Allegation: Sold policies during the time period that insurance producer license not renewed.

Resolution: Order and Consent to Order - Civil penalty and costs imposed.

Date of Order/Settlement: 2007-03-08 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

Conseco Senior Health Insurance Company

Carmel IN

Allegation: Failure to respond to IID inquiry

Resolution: Consent Signed: Respond to IID: Pay $500 Fine; $100 Costs

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

Church Life Insurance

New York NY

Allegation: Violation of Iowa Unauthorized Insurers Act.

Resolution: Consent issued and monetary penalty assessed.

Date of Order/Settlement: 2008-11-10 00:00:00

Hegedus, Margo 59393

Tampa FL 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