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
Ahlf, Johnathan

Muscatine IA

Allegation: Reconsideration of license revocation.

Resolution: Decision issued affirming the Divisions decision to deny Ahlfs resident producer license.

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

Hifilez Inc

Eagle Grove IA

Allegation: Shares of stock offered by Hifilez are not registered as securities in Iowa.

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

Date of Order/Settlement: 2004-04-20 00:00:00

Palmer, Linda

Renwick IA

Allegation: Unregistered Securities; Unregistered Agent; Unlicensed Investment Advisor and Misrepresentations.

Resolution: Proposed order granting entry of default judgment. Cease and Desist Order is hereby affirmed.

Date of Order/Settlement: 2006-11-16 00:00:00

Rosen, Michael

Scarsdale NY

Allegation: Prior regulatory action

Resolution: Summary Order Denying Application for Securities Agent License.

Date of Order/Settlement: 2009-02-06 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

Welander, LuJean

Mason City IA

Allegation: Provided incorrect information on her application for an Iowa Preneed Sales Agent License and on her application for an Iowa Insurance Producer License.

Resolution: Consent Order issued and was ordered to accurately answer all questions on applications and was granted a license to be a Preneed Sales Agent and an Iowa Insurance Producer.

Date of Order/Settlement: 2008-05-12 00:00:00

Pekin Insurance Company

Pekin IL

Allegation: Allowed business from agent not properly licensed.

Resolution: Order: Pay $3500 Fine; Pay $1500 Costs; contact policyholders; resolve any unmet policyholder needs with costs assess to the agents/agency with report to Division on resolutions with policyholders.

Date of Order/Settlement: 2004-06-22 00:00:00

Davis, Shana M.

Des Moines IA

Allegation: Violations of Securities Act; Unregistered agent & investment adviser representative Misrepresentations & Omissions Cease and Desist orders issued by other states

Resolution: Consent: pay $3000 Costs; cooperate in investigation;

Date of Order/Settlement: 2006-02-23 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

Extraordinary Films aka Extraordinary Media Group Ltd April 27, 2004 Securities Unlicensed

 

San Diego CA Beverly Hills CA Chula Vista CA Allegation: Selling unregistered securities Resolution: Order: Cease and desist the offer or sale of unregistered securities Date of Order/Settlement: 2004-04-27

 

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

AXA Insurance Company July 17, 2019 Insurance Insurance Company

Order and Consent to Order

Standard Life Insurance Company of Indiana October 22, 2012 Insurance Insurance Company

Suspension Order

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

Dedicated Resources Inc

Miami FL

Allegation: Not a registered broker/dealer agents; sale of unregistered securities (viaticals)

Resolution: Consent signed: Cease and desist the offer or sale of unregistered securities (viatical settlement) investment contracts to persons residing in Iowa.

Date of Order/Settlement: 2005-09-10 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

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

Sovia, Shannon

Atlantic IA

Allegation: Failure to pay state debt.

Resolution: Order for Suspension issued.

Date of Order/Settlement: 2009-10-05 00:00:00

Comeau, Perry

Oelwein IA

Allegation: Unregistered investment advisor and representative.

Resolution: Consent Order signed and civil penalty assessed.

Date of Order/Settlement: 2007-05-21 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

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

Conseco Senior Health Insurance Company

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

Bonnell, Peter

Medina OH

Allegation: Advertising Violation.

Resolution: Order and Conset to order signed; Civil Penalty assessed.

Date of Order/Settlement: 2006-12-18 00:00:00

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

Certificate of Authority of Affirmative Insurance Company March 25, 2015 Insurance Insurance Company

Summary Order of Suspension

Capson Physicians Insurance Company May 16, 2019 Insurance Insurance Company

Summary Order of Suspension

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

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

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

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

Knall, David Wells

Indianapolis IN

Allegation: Summary Order Denying Application for Securities Agent License

Resolution: Order Vacating Denial of Securities Agent License

Date of Order/Settlement: 2009-06-15 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

McLaughlin, Mark

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

Northrop, Kenneth

Floyd IA

Allegation: Named as a beneficiary on a policy of an unrelated policyholder

Resolution: Consent: Cease and desist violation; 1 year probation; repay to the estate the amount received

Date of Order/Settlement: 2005-09-12 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

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

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

Cooper, Vernon

Rochester MN

Allegation: Plead guilty to criminal charges.

Resolution: Consent Order - producer license is revoked and Cooper is permanently barred from reapplying.

Date of Order/Settlement: 2007-05-21 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

Siebring Export Inc

Albion IA

Allegation: Sale of unregistered securities by an unregistered agent

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

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

Black, Derek

Osage Beach MO

Allegation: Violated Iowa Insurance Trade Practices Act

Resolution: Summary Cease & Desist Order

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

Edward D. Jones & Company LP

St. Louis MO

Allegation: Failed to reasonably supervise securities agent

Resolution: Cease and desist filing to supervise; Pay $9500 Fine and Costs

Date of Order/Settlement: 2004-10-07 00:00:00

Frey, Terry G.

Cedar Rapids IA

Allegation: Violation of unfair trade practices

Resolution: Consent signed: Insurance license surrentered and made inactive pending resolution of the statement of charges; shall not sell solicit or negotiate insurance in Iowa until such time if any license is reactivated

Date of Order/Settlement: 2003-06-10 00:00:00

Scottish Re (U.S.) Inc. May 16, 2019 Insurance Insurance Company

Summary Order of Suspension

Ryder System, Inc., Ryder Truck Rental October 24, 2017 Insurance

Order and Consent to Order

MemberSelect Insurance Company

Dearborn MI

Allegation: MemberSelect was making rate revisions charged for its Iowa Homeowners program.

Resolution: Summary Order Disapproving premium rate changes.

Date of Order/Settlement: 2007-08-07 00:00:00

Young, John D.

Grand Rapids MI

Allegation: Failure to notify Division of administrative action taken against him in another jurisdiction; Failure to respond to Division inquiry.

Resolution: Deafult Decision issued revoking insurance producer license.

Date of Order/Settlement: 2008-05-20 00:00:00

Dodd, Larenzo

Cedar Rapids IA

Allegation: Failure to disclose all criminal convictions on application

Resolution: Order: Denial of application for an linsurance license is upheld.

Date of Order/Settlement: 2004-06-24 00:00:00

Flowers, Larry W.

Gainsville GA

Allegation: Failure to notify Division of prior actions; Failure to cooperate with investigation.

Resolution: License revoked.

Date of Order/Settlement: 2006-03-22 00:00:00

Alliant Energy November 20, 2018 Insurance

Order and Consent to Order