Enforcement Orders and Actions
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 Sort ascending | Subject | Entity | Order |
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| Schmudlach, Wade | Tripoli IA Allegation: Fiduciary Violation Resolution: Order and Consent to Order License revoked. Date of Order/Settlement: 2007-01-10 00:00:00 |
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| Messmore, Gregory | Mason City IA Allegation: Unsuitable sale and violation of insurance and securities license. Resolution: Order & Consent to Order- Insurance and Securities License is suspended for a period of no less than five years. Date of Order/Settlement: 2007-02-22 00:00:00 |
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| 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 |
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| Roi, Louis | Naperville IL Allegation: Surplus Violations. Resolution: Consent Order signed and civil penalty assessed. Date of Order/Settlement: 2007-05-10 00:00:00 |
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| Bakker, Mark | Urbandale IA Allegation: Misrepresented the terms of a life insurance policy to an Iowa resident. Resolution: Consent Order signed. Civil penalty and costs assessed. Date of Order/Settlement: 2007-06-11 00:00:00 |
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| 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 |
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| Nielsen, Nancy | Marcus IA Allegation: Incorrectly completed a policy application and failed to execute the policyholders intentions. Resolution: Consent Order signed and civil penalty assessed. Date of Order/Settlement: 2007-08-28 00:00:00 |
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| Future Stars Sports Inc | Green City MO Allegation: Unregistered agent Unregistered securities misrepresentations omissions. Resolution: Cease & Desist Order issued and a monetary penalty assessed. Date of Order/Settlement: 2007-10-12 00:00:00 |
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| Behn, John D. | Cedar Rapids IA Allegation: Misrepresented life insurance documents in order to qualify for a personal loan. Resolution: Order and Consent to Order issued and a monetary penalty assessed. Date of Order/Settlement: 2007-12-20 00:00:00 |
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| 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 |
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| Keener, Jon W. | LeClaire IA Allegation: Child Supoort Violation Resolution: Order for Suspension issued. Date of Order/Settlement: 2008-04-21 00:00:00 |
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| Davis, William J. | Spirit Lake IA Allegation: Child Support Violation Resolution: Order for Suspension issued. Date of Order/Settlement: 2008-05-16 00:00:00 |
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| Foremost Insurance Company | Caledonia MI Allegation: Allowed non-appointed producers to submit business. Resolution: Consent Order issued and assessed a monetary penalty. Date of Order/Settlement: 2008-07-16 00:00:00 |
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| 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 |
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| Robins, Jeananne | Clemmons IA Allegation: Child support violation. Resolution: Order for Suspension issued. Date of Order/Settlement: 2009-01-05 00:00:00 |
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| Cillo, Mark | Saint Louis MO Allegation: Violated Iowa Insurance Trade Practices Act Resolution: Summary Cease and Desist Order. Date of Order/Settlement: 2009-02-10 00:00:00 |
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| Stasney, Bobbi | Boone IA Allegation: Criminal Proceedings Resolution: Order of Summary Suspension and Cease and Desist. Date of Order/Settlement: 2009-04-10 00:00:00 |
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| 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 |
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| Stephen, Wiley | St. Louis Missouri Allegation: Unlicensed agent Resolution: Summary Cease and Desist Order issued Date of Order/Settlement: 2009-07-31 00:00:00 |
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| Barry, Joseph D. | 57911 | Adel IA Allegation: Unlicensed producer Resolution: Consent signed: Cease and Desist in the sale of insurance; agrees not to reapply for a license Date of Order/Settlement: 2000-09-08 00:00:00 |
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| Raines, John E. | 59508 | Fairfield IA Allegation: Marketing and sales violations Resolution: Consent Signed: Cease and desist; 2 yrs probation; assist IID’s investigation; Return 10% of investment to clients Date of Order/Settlement: 2001-04-05 00:00:00 |
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| Murphy, Liliana | 59541 | San Antonio TX Allegation: Failure to notify of other state's actions; Failure to respond Resolution: Order signed: License revoked; $200 Fine; $100 Costs Date of Order/Settlement: 2001-05-31 00:00:00 |
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| Rudnicki, Jeffrey A. | 59463 | Marion IA Allegation: Unauthorized signature on application Resolution: Order Signed: Revocation of License; $200 Fine; $100 Costs Date of Order/Settlement: 2001-09-05 00:00:00 |
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| Mills, Dwight L. | 59470 | Allegation: Improper Sales Resolution: Consent Signed: Permanent License Revocation Date of Order/Settlement: 2001-10-23 00:00:00 |
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| 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 |
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| 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 |
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| 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 |
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| Frederick, Ronald D. | 59597 | Alta IA Allegation: Failure to respond to IID inquiry; Resolution: Consent Signed: Cease and Desits from failing to respond to IID; $600 Costs Date of Order/Settlement: 2002-08-01 00:00:00 |
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| Conseco Annuity Assurance Company | 59460 | Carmel IN Allegation: Failure to respond to Division Resolution: Consent signed: Provide response to Division; pay $500 Fine $100 Costs Date of Order/Settlement: 2002-09-27 00:00:00 |
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| Christian, Kevin M. | 59663 | Des Moines IA Allegation: Failure to notify of other states actions; accepting insurance business from unlicensed persons; Resolution: Consent Signed: 2 year license probation; Pay Reimbursement of $300; $500 Fine; Sales restrictions Date of Order/Settlement: 2003-02-07 00:00:00 |
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| 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 |
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| 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 |
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| Fagan, Robert Shaun | 58685 | Kansas City MO Allegation: Misrepresentations in insurance applications Resolution: Order: License suspended; Pay $500 Fine Date of Order/Settlement: 2003-04-17 00:00:00 |
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| Glawe, Jerald L. | 59351 | Algona IA Allegation: Sale of unregistered securities and/or business opportunities Resolution: Consent signed: 1 yr probation; repay all commissions and/or finders fees of $1400; sell only approved insurance products. Date of Order/Settlement: 2003-06-02 00:00:00 |
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| 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 |
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| 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 |
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| Lauer, Gordon A. | 58824 | West Union IA Allegation: Conviction of a felony Resolution: Consent signed: License revoked permanently and forevermore Date of Order/Settlement: 2003-09-19 00:00:00 |
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| 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 |
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| 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 |
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| Bear Stearns & Co Inc | 58415 | New York NY Allegation: Failed to reasonably supervise its employees to ensure that its analysts were adequately insulated from pressures and influences from covered companies and investment banking. Resolution: Consent: without admitting or denying pay $250000 Fine. Date of Order/Settlement: 2004-02-11 00:00:00 |
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| Evanovich, Roy | 58420 | Washington IA Allegation: Unregistered securities agent; offer to sell and sold unregistered securities; fraudulent practices. Resolution: Order: Cease & desist offering or selling any security in this state unless the security is registered or exempt; Cease & desist transacting business as a securities agent in this state; Cease & desist engaging in fraudulent practices Date of Order/Settlement: 2004-02-26 00:00:00 |
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| 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 |
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| 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 |
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| Amerivision Communications Inc | Oklahoma City OK Allegation: Sale of unregistered securities Resolution: Cease and Desist the offer or sale of unregistered securities and non-exempt securities Date of Order/Settlement: 2004-05-03 00:00:00 |
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| Royal Indemnity Company | 58489 | Charlotte NC Allegation: Failure to respond to Division request for information Resolution: Consent signed: Provide substantive response to Divisions inquiry; Pay $500 Costs Date of Order/Settlement: 2004-05-14 00:00:00 |
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| Hartsock, Jason A. | Iowa City IA Allegation: Failure to disclose any prior criminal history Resolution: Order: Iowa Insurance license revoked. Date of Order/Settlement: 2004-06-24 00:00:00 |
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| 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 |
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| Kempema, David J. | 58039 | Sioux City IA Allegation: Failed to correct address at the Division; used unapproved marketing material; employed unlicensed employees doing insurance business; violation of 508C.18 in soliciting business. Resolution: Consent: Notify Division within 30 days of address change; use only company approved marketing materials; will not use any unlicensed employees doing insurance transactions;will protect confidential client info; pay $2500 Fine; no reference to 508C.18 Date of Order/Settlement: 2004-08-11 00:00:00 |
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| Larpenter, Patricia | 58092 | 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 |
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| Anderson, Neil R. | 58045 | Dixon IA Allegation: Using fraudulent or dishonest practices; failure to cooperate in an investiagion by commissioner Resolution: Order signed: License revoked Date of Order/Settlement: 2004-10-06 00:00:00 |