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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| Baccam, Phoukam |
Des Moines IA Allegation: Failure to respond Resolution: License suspended. Date of Order/Settlement: 2006-06-20 00:00:00 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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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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| 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 |
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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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| 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 |
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| 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 |
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| 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 |
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| 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 |
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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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| Bertsch, Kristoffer |
Wilmington DE Allegation: Failure to respond. Resolution: Order - License revoked. Date of Order/Settlement: 2006-08-18 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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| 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 |
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| 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 |
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| 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 |
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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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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |