Thursday, February 15, 2018
Des Moines – Several thousand Iowans who lost health care coverage when their carrier left the 2018 health insurance market may still be eligible to purchase a plan from Medica on the ACA marketplace through a special enrollment period ending March 1, 2018 through healthcare.gov.  “We believe that there are several thousand Iowans who may have lost coverage due to the departure of Aetna,...
Monday, February 12, 2018
Des Moines - Richard H. Hartman, age 69, of Manchester, IA, and Tobin L. Hartman, age 44, of Ryan, IA, have been sentenced to two years of supervised probation after pleading guilty in Delaware County District Court recently to the charge of Fraudulent Practices in the Third Degree, an Aggravated Misdemeanor.  Both were originally charged in connection with an insurance...
Monday, February 12, 2018
Des Moines – Billie J. Holmberg, a former insurance agent in Bettendorf, Iowa, has been sentenced to five years supervised probation after pleading guilty in Scott County District Court to the charge of Ongoing Criminal Conduct, a class “B” Felony. Holmberg was originally charged in connection with an investigation conducted by the Iowa Insurance Division’s Fraud Bureau which...
Friday, January 19, 2018
Des Moines – Iowa Insurance Commissioner Doug Ommen yesterday was named the Chair of the National Association of Insurance Commissioners’ (NAIC) Life Insurance and Annuities (A) Committee. “Insurance is the purchase of a promise.  When Iowans purchase an insurance or annuity product, to protect themselves from risk or simply invest their hard earned cash, we are here to make sure that...
Thursday, January 4, 2018
Des Moines – As cryptocurrencies continue to attract headlines, the Iowa Insurance Division is reminding Iowans to be cautious about investments involving cryptocurrencies. “As with any investment, it’s important for investors to really understand what they are purchasing.  Investors should go beyond the headlines and hype to understand the risks associated with investments in...
Tuesday, December 12, 2017
Des Moines – The Iowa Insurance Division is warning consumers that companies may be offering health insurance policies that are fraudulently marketed or solicited by telemarketers as ACA-compliant plans.  Iowa Insurance Commissioner Doug Ommen encourages any Iowans interested in purchasing individual health insurance coverage to talk to a local licensed insurance agent or visit healthcare....
Friday, December 1, 2017
Iowa Insurance Division finds agent compensation was not fully disclosed to public entities. The Iowa Insurance Division issued consent orders with Mutual Med Insurance Services, LLC (Mutual Med), Todd C. Vershaw of Long Grove, Iowa, and Kevin J. Carr of Burlington, Iowa that will return $165,000 to 33 public entities in Iowa.  The investigation centered on public entities that have...
Tuesday, November 21, 2017
Des Moines, Iowa -- A Plymouth county man has been charged for his alleged role in committing fraud against Homesite Insurance Company following an insurance fraud investigation by the Iowa Insurance Division, the National Insurance Crime Bureau, and the Plymouth County Attorney’s Office. Scott D. Leininger, age 39, of Le Mars, was charged with Insurance Fraud - Presenting False Information...
Thursday, November 16, 2017
Des Moines, Iowa - Cletus Abongwa Ngwa, 34, of Ottumwa, Iowa, was sentenced in United States District Court in Des Moines, Iowa on September 15, 2017, to an 18-month prison sentence with 3 years’ supervised release and ordered to pay joint restitution in the amount of $260,043 after pleading guilty to conspiracy to commit mail fraud. Ngwa, along with his co-conspirator Venancia Amora Rodriguez...
Wednesday, November 15, 2017
Des Moines – The Iowa Insurance Division’s Senior Health Insurance Information Program (SHIIP) is reminding Iowans of the Medicare Open Enrollment period which is currently underway and ends December 7. “It’s important for Iowans eligible for Medicare to carefully review their options each year,” Iowa Insurance Commissioner Doug Ommen said.  “There is still time during this open...