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
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

Gibson, Roderick P. 58624

Helotes TX

Allegation: Providing incorrect or incomplete information on application for licensure; Revocation of insurance license by another state; Failure to notify Division of prior actions

Resolution: Order: Iowa insurance license permanently revoked

Date of Order/Settlement: 2004-03-22 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

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

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

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

Schatz, Kenneth C. 58835

Sioux City IA

Allegation: Violation of previous order

Resolution: Consent:License revoked

Date of Order/Settlement: 2003-07-16 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

Silva Shea

Santa Ana CA

Allegation: Sale of unregistered securities by an unregistered agent

Resolution: Order: Cease and desist of sale or offer of sale of unregistered securities in Iowa

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

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

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

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

Strohmeier, Gretchen A. 59071

Springboro OH

Allegation: Selling annuity insurance policies in Iowa without a license in December 1994 and February 1995.

Resolution: Consent signed: Pay $1100 Fine; Have active nonresident Iowa license before selling in Iowa; Report any administrative action taken within 30 days.

Date of Order/Settlement: 2004-02-05 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

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

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

Rhynsburger, Ronald J. 59341

Sioux City IA

Allegation: Failure to cooperate

Resolution: Order: License suspended until response received; Pay $500 Fine.

Date of Order/Settlement: 2003-03-20 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

Stevens, Mike 58018

Eagle Grove 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

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

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

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

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

Waddell & Reed Inc

Overland Park KS

Allegation: Waddell a broker dealer sought to exchange their customers United Investors Life Ins. Co. variable annuities to Nationwide variable annuities. The BB and agents received a new commission on each exchange but many customers paid surrender charges.

Resolution: Order and Consent to Order. Waddell & Reed censured $79000 to compensate Iowa customers $29000 civil penalty to the Division and several undertakings.

Date of Order/Settlement: 2005-08-10 00:00:00

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

Fischer, Lucas

Newton IA

Allegation: Child Support Violation.

Resolution: Order for suspension of insurance producer license.

Date of Order/Settlement: 2007-04-02 00:00:00

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

American General Assurance Company 58945

Schaumburg IL

Allegation: Failure to respond to Division inquiry

Resolution: Consent Signed: Provide a response; $500 Fine $100 Costs

Date of Order/Settlement: 2001-11-28 00:00:00

Lubarsky, Larry 63422

Brooklyn NY

Allegation: Prior regulatory action

Resolution: Summary Order Denying Application for Securities Agent License.

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

Roth, Samantha

Germantown OH

Allegation: Failure to notify Division of administrative action

Resolution: Consent: Cease and desist violations of Iowa law; pay $125 Fine and $125 Costs

Date of Order/Settlement: 2006-01-03 00:00:00

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

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

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

Conseco Annuity Assurance Company 59652

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

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

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

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

Bankers Life and Casualty Company 58899

Chicago IL

Allegation: Advertising Violations

Resolution: Consent signed: Pay $9424 Fine; comply with Iowa advertising laws and regulations.

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

Polcyn, James

Ft. Lauderdale FL

Allegation: Unlicensed sale of Insurance.

Resolution: Cease and Desist order; Civil penalty assessed.

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

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

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

National Bullion Investors LLC

New York NY

Allegation: unlawful commodity transaction in Iowa

Resolution: Consent Order issued.

Date of Order/Settlement: 2008-06-19 00:00:00

Dixon, William R. 59391

Apalachin NY

Allegation: Failure to report another states administrative action

Resolution: Consent signed: Cease and desist violations of Iowa insurance statutes and rules; pay $125 Fine and $125 Costs

Date of Order/Settlement: 2005-09-23 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

Lincoln Benefit Life Company

Lincoln NE

Allegation: Failure to cooperate in an investigation by the Commissioner.

Resolution: Consent Order - Civil penalty and costs imposed and response received for the Divisions inquiries.

Date of Order/Settlement: 2007-05-29 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

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

Viking Insurance Company of Wisconsin

Stevens Point WI

Allegation: Violation in claim handling

Resolution: Consent Order issued and monetary penalty assessed.

Date of Order/Settlement: 2009-03-10 00:00:00

Beck, Eric

Urbandale IA

Allegation: Failure to respond to investigation

Resolution: Order for Suspension of license

Date of Order/Settlement: 2006-04-28 00:00:00