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
USI of Georgia Inc

Norfolk VA

Allegation: Did not remit surplus lines taxes; no Iowa licensed producer;

Resolution: Consent signed: Cease and desist conducting business until employee licensed in Iowa; pay $4500 Fine; and $500 Costs.

Date of Order/Settlement: 2004-08-23 00:00:00

National Union Fire Insurance Company of Pittsburgh PA.

New York NY

Allegation: Violation of Claims - Prompt payment of claims.

Resolution: Consent Order issued; penalty assessed and ordered to pay 10% interest to insured for period beginning June 24 2007 thru October 11 2007.

Date of Order/Settlement: 2008-04-23 00:00:00

Gallegos, Marie E.

Amarillo TX

Allegation: Failure to report other states actions; failure to cooperate with investigation

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

Date of Order/Settlement: 2005-08-12 00:00:00

Chamley Financial LLC 58058

Colorado Springs CO

Allegation: Sold viatical settlement investment contracts while unregistered

Resolution: Cease and desist issued to halt sale of unregistered securities

Date of Order/Settlement: 2004-09-20 00:00:00

Victoria Automobile Insurance Company

Cleveland OH

Allegation: Failure to respond

Resolution: Consent Order issued and penalty assessed

Date of Order/Settlement: 2008-06-24 00:00:00

Beltramea, Randy L.

Mt. Vernon IA

Allegation: Failure to notify of administrative action

Resolution: Order: Insurance License revoked.

Date of Order/Settlement: 2005-10-06 00:00:00

Barnett, Robert R. 59332

Salem IA

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

Resolution: Consent signed: 1 yr. probation; repay all commissions and/or finders fee payments $1400.

Date of Order/Settlement: 2003-02-10 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

Davis, Carl

West Des Moines IA

Allegation: Advertising Violations

Resolution: Order and Consent to Order - placed on probation for a period of six months; Civil penalty and costs imposed.

Date of Order/Settlement: 2007-05-29 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

Farmers Insurance Company

Allegation: Failed to properly inform the claimant of the status of her claim and to verify whether another insurance carrier was actually responsible for the handling of the claim.

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

Date of Order/Settlement: 2009-03-23 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

Brean Murray Carret & Company LLC

New York NY

Allegation: Failure to file audited financial report.

Resolution: Broker dealer license is suspended; civil penalty $1000; suspension lifted when compliance is complete.

Date of Order/Settlement: 2006-05-26 00:00:00

Standard Guaranty Insurance Company 58490

Miami FL

Allegation: Failure to cooperate with Divisions inquiry

Resolution: Consent Signed: Provided response to Divisions inquiry; Paid $500 Fine

Date of Order/Settlement: 2004-06-08 00:00:00

Johnson, Donald E.

Eldon MO

Allegation: Unregistered Securities and agent; misrepresentations and Omissions.

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

Date of Order/Settlement: 2007-10-25 00:00:00

Thomas Weisel Partners LLC 58660

San Francisco CA

Allegation: Analyst conflict of interest case; ratings were tilted toward "buy" and "strong buy" analyst considered banking business in determining recommendations analysts compensation was tied to success in generating business.

Resolution: Without admitting or denying findings of fact and conclusions of law TWP is ordered to cease and desist violations of the Iowa Uniform Securities Act consents to several undertakings and pay fine of $50000.

Date of Order/Settlement: 2005-05-10 00:00:00

Lenz, Nathaniel A. 59584

Urbandale IA

Allegation: Marketing and sales violations

Resolution: Consent Signed: 2 years probation; Cease and Desist from violations; Pay $1000 Costs

Date of Order/Settlement: 2002-05-10 00:00:00

Dolphin, Troy W. 58828

Des Moines IA

Allegation: Insurance application fraud

Resolution: Consent Signed: Surrender Iowa insurance producer license; refrain from reapplying; refrain from violations of Iowa insurance laws or regulations.

Date of Order/Settlement: 2003-10-07 00:00:00

Goodwin, Roger Duane

West Des Moines IA

Allegation: Advertising violation Sales presentations violations and unlicensed activity.

Resolution: Consent signed; Fine $15000; agreement to not engage in business of insurance for 90 days; Quarterly reports and 1 yr probation.

Date of Order/Settlement: 2007-01-03 00:00:00

Larson, Pamela

Clear Lake IA

Allegation: Issued fraudulent insurance cards issued retroactive coverage and committed fraud.

Resolution: Order & Consent to Order - 60 day suspension civil penalty and costs assessed.

Date of Order/Settlement: 2007-02-23 00:00:00

UNUM Life Insurance Company of America 58083

Portland ME

Allegation: Multi State Market Conduct Exam for individual and group long term disability income claim handling practices.

Resolution: Agreement: Implement changes in corporate governance; implement the Claim Reassessment Process; Provide initial notice to specified claimants; conduct employee training; pay fine to be allocated to participating regulators.

Date of Order/Settlement: 2004-11-18 00:00:00

Vedovino, John

Pompton Plains NJ

Allegation: Violation of NYSE rules

Resolution: Consent Order issued and suspension of securities license that shall run concurrent to the NYSE suspension.

Date of Order/Settlement: 2008-09-25 00:00:00

Ray Jr., Rayna 58582

San Francisco CA 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

Halsband, Emily J.

Clive IA

Allegation: Conviction of two class "C" felonies

Resolution: Consent signed: Iowa insurance license revoked permanently; barred from reapplying for a securities license in Iowa

Date of Order/Settlement: 2004-03-31 00:00:00

National Foundation of America

Franklin TN

Allegation: Unauth Insurer; Fail to disclose to policyholders that NFA is not a tax exempt organization; Mislead sales presentations; False Advertising; Unlawful solicitation of insurance business; Unsuitable transactions or recommendations; Unreg securities.

Resolution: Consent Order signed; cease and desist violations.

Date of Order/Settlement: 2007-07-26 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

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

Hammes, Kristina

North Liberty IA

Allegation: Failure to pay child support

Resolution: Order for Suspension issued.

Date of Order/Settlement: 2009-06-18 00:00:00

Behnkendorf, Gerald D. 58710

Algona IA

Allegation: Improper sales of insurance products

Resolution: Consent signed: Cease and desist from further violations; 2 years probation; report all consumer complaints to the Division within 30 days; pay $5000 costs.

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

Webb, Nathaniel

Van Nuys CA

Allegation: Failure to respond.

Resolution: Order - License revoked.

Date of Order/Settlement: 2006-08-18 00:00:00

Spees, Lisa

Keokuk IA

Allegation: Using fraudulent or dishonest practices; failure to cooperate

Resolution: Order: License revoked

Date of Order/Settlement: 2004-07-15 00:00:00

Martin, Richard D.

Omaha NE

Allegation: Denial of Securities license.

Resolution: Consent signed and securities license issued with 2 year heightened supervision.

Date of Order/Settlement: 2008-01-29 00:00:00

Sayre, Robert C. 58157

Anamosa IA

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

Resolution: Order: License revoked; pay $250 Fine and provide explanation to inquiries before license is restored.

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

Anderson, Paul A. 59598

Alta IA

Allegation: Failure to respond to IID inquiry; failure to remit premiums

Resolution: Consent Signed: License surrendered; cooperate with investigation.

Date of Order/Settlement: 2002-07-19 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

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

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

Goering, Wendy

Boone IA

Allegation: Failure to disclose criminal history.

Resolution: Decision - Ordered to pay civil penalty.

Date of Order/Settlement: 2007-04-09 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

Bergen, Bruce

Marion IA

Allegation: Failure to Respond to Division Inquiries

Resolution: Decision issued and a monetary penalty assessed.

Date of Order/Settlement: 2009-01-16 00:00:00

Lark, Dershaun A. 59347

Bellevue NE

Allegation: Failure to cooperate; failure to notify Division of prior action

Resolution: Order signed: License suspended until full response received

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

Binstock, Loren

Marshalltown IA

Allegation: Sale of unregistered securities; misrepresentations omissions

Resolution: Order: Cease and desist the offer or sale of unregistered securities acting as unregistered agents; making untrue statements of facts omitting material facts; pay $5000 fine

Date of Order/Settlement: 2006-02-01 00:00:00

Siebring, Gordon

Albion IA

Allegation: Sale of unregistered non exempt securities by an unregistered agent

Resolution: Cease and desist the offer or sale of unregistered and non-exempt securities in Iowa

Date of Order/Settlement: 2004-05-03 00:00:00

Coventry Health Care of Iowa

Urbandale IA

Allegation: Denial of coverage

Resolution: Decision rendered. Insurer hasnt sustained burden of poof. Cancellation not upheld and policy remains in force.

Date of Order/Settlement: 2007-09-12 00:00:00

Decambra, Jennifer L. 58116

Limestone ME

Allegation: Failure to notify Division of prior actions

Resolution: Order: License revoked; Pay $500 Fine before licensure is restored

Date of Order/Settlement: 2005-03-24 00:00:00

Huebner, Daniel W. 58752

Grinnell IA

Allegation: Replacement violations; receiving commissions without company appointment; Omissions from insurance applications

Resolution: Order: Cease and Desist from further violation; $800 Fine; $500 Costs

Date of Order/Settlement: 2002-02-15 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

Fritsch, DeAnn 58734

Neola IA

Allegation: Misappropriation

Resolution: Consent signed: Revocation of Iowa Producer License; permanently barred from reapplying for licensure in the Iowa

Date of Order/Settlement: 2003-08-01 00:00:00

Steiber, Dan

Janesville IA

Allegation: Unregistered securities; Unregistered agent and ommissions.

Resolution: Cease & Desist order issued.

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

Walker, Samuel W.

Waterloo IA

Allegation: Failure to disclose prior criminal convictions on license application

Resolution: Order signed: License revoked

Date of Order/Settlement: 2004-08-24 00:00:00