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
Fyfe, James J.

Bettendorf IA

Allegation: Child Support Violation

Resolution: Order for Suspension issued

Date of Order/Settlement: 2008-04-24 00:00:00

Etter, Jeffery D.

Omaha NE

Allegation: Forgery;fraud in withdrawing insurance producer license; failure to disclose termination by insurance company.

Resolution: Order signed: License revoked; $500 fine and $200 costs; prohibited from reapplying for license for 6 months.

Date of Order/Settlement: 2005-08-19 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

Hawkeye Life Insurance Group

West Des Moines IA

Allegation: Failure to timely file annual audited reports.

Resolution: Consent Order issued and assessed a monetary penalty.

Date of Order/Settlement: 2008-07-02 00:00:00

Turner, Robert C.

Raleigh NC

Allegation: Failure to notify Iowa Ins. Div. of other states administrative actions

Resolution: Cease and desist from violations; pay $125 Fine and $125 Costs

Date of Order/Settlement: 2005-10-11 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

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

Nationwide Life Insurance Company

Columbus OH

Allegation: Failure to cooperate in an invesitigation.

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

Date of Order/Settlement: 2007-06-05 00:00:00

Hrdlicka, Raymond W. 59295

Fremont CA Allegation: Failure to notify of other state's action Resolution: Consent Signed: License revoked for 10 years; $200 Fine; $100 Costs Date of Order/Settlement: 2001-07-10 00:00:00

Balboa Insurance Company

Irvine CA

Allegation: Failure to promptly respond to inquiries from the Commissioner

Resolution: Consent Order issued and monetary penalty assessed.

Date of Order/Settlement: 2009-03-24 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

Baccam, Phoukam

Des Moines IA

Allegation: Failure to respond

Resolution: License suspended.

Date of Order/Settlement: 2006-06-20 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

Smith, Virginia E.

Harlan IA

Allegation: Failure to disclose criminal conviction.

Resolution: Consent Order signed and monetary penalty assessed.

Date of Order/Settlement: 2007-10-26 00:00:00

Weisberg, Max

Scottsdale AZ

Allegation: Failure to notify Division of prior action

Resolution: Consent Signed: Cease and desist from violations; pay $150 Fine $100 Costs

Date of Order/Settlement: 2005-05-12 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

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

Cabell, Douglas

Bettendorf IA

Allegation: Committed fraud and misrepresentation.

Resolution: Order and Consent to Order; Costs assessed and Civil penalty; 90 day suspension.

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

Bessine, Dustin

Burlington IA

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

Resolution: License is suspended

Date of Order/Settlement: 2007-03-05 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

Svoboda, Steven

Washington IA

Allegation: Accepted money from clients that was intended for investment or savings purposes and converted those client funds for personal use.

Resolution: Order of Summary Revocation

Date of Order/Settlement: 2008-09-26 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

Smith, Jessica 58573

Wallingford CT 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

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

First Continental Life & Accident Insurance Co.

Sugar Land TX

Allegation: Failed to maintain compliance with capital and surplus requirements.

Resolution: Consent Order - authority to do business in Iowa is suspended.

Date of Order/Settlement: 2007-07-31 00:00:00

Koch, Edward T. 58084

Holy Cross IA

Allegation: Failure to comply with child support order

Resolution: License suspended

Date of Order/Settlement: 2005-01-18 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

Parks, Eric

Pacific Junction IA

Allegation: Failure to pay child support

Resolution: Order for Suspension issued.

Date of Order/Settlement: 2009-06-18 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

Bertsch, Kristoffer

Wilmington DE

Allegation: Failure to respond.

Resolution: Order - License revoked.

Date of Order/Settlement: 2006-08-18 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

American Family Life Insurance Company

Madison WI

Allegation: Failure to Respond

Resolution: Consent Order issued and a monetary penalty assessed.

Date of Order/Settlement: 2008-02-13 00:00:00

Cunningham, Kevin J. 58160

Palos Park IL

Allegation: Revocation of license by another state; failure to cooperate with investigation

Resolution: Consent signed: two years probation; report any administrative action within 30 days; cease and desist any violation of Iowa insurance laws;pay $350 Fine and $100 Costs

Date of Order/Settlement: 2005-07-06 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

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

Miover, Peter E. 58823

Omaha NE

Allegation: Forgery;fraud in withdrawing insurance producer license; failure to disclose termination by insurance company.

Resolution: Order signed: License revoked; $500 fine and $200 costs; prohibited from reapplying for license for 6 months.

Date of Order/Settlement: 2005-08-19 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

U. S. Bancorp 58411

Minneapolis MN

Allegation: Inappropriate influence by investment banking over research analysts; failed to establish and enforce written supervisory procedures to prevent undue influence

Resolution: Consent Order: without admitting or denying allegations consented to cease and desist and pay $125000 Fine

Date of Order/Settlement: 2004-02-16 00:00:00

Anderson, Thomas K.

Davenport IA

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

Resolution: Iowa Insurance Producer License suspended.

Date of Order/Settlement: 2007-04-23 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

Geertsma, Mark

Independence IA

Allegation: Engaged in dishonest and unethical practices in the securities and investment business.

Resolution: Consent Order issued and monetary penalty assessed.

Date of Order/Settlement: 2009-01-21 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

South Central Mutual Insurance Association

Chariton IA

Allegation: Failure to respond

Resolution: Consent; agrees to respond; Fine $1000 & Cost $500 paid.

Date of Order/Settlement: 2006-02-17 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

Reno, Mark

Des Moines IA

Allegation: Misappropriation of money; Dishonesty incompetence untrustworthiness; Failure to notify Division of address change.

Resolution: Consent Order signed; License revoked and barred from reapplying for 2 yrs.

Date of Order/Settlement: 2007-09-14 00:00:00

Carmichael Jr., Arthur C. 58577

Los Altos CA

Allegation: Failure to notify Divison of administrative action in another state.

Resolution: Consent signed: Cease and desist from violations; pay $150 Fine and $100 Costs

Date of Order/Settlement: 2005-03-25 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

Marshall Cemetery Association

Marshalltown IA

Allegation: submitted verification that it repaid interest mistakenly withdrawn.

Resolution: Voluntary Settlement and Consent Order issued.

Date of Order/Settlement: 2009-08-19 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

Klear Vu Kovers

Janesville IA

Allegation: Unregistered securities; Unregistered agents and Ommissions.

Resolution: Cease & Desist order issued.

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