Tuesday, May 22, 2018
Des Moines, Iowa - New, more secure Medicare cards are being mailed to Medicare participants.  The new number will be unique to every person with Medicare.  The old cards are being replaced because they were based on a person’s Social Security number.  Scammers sometimes use Social Security numbers to try to steal someone’s identity, open new credit cards or even take out loans in...
Wednesday, May 2, 2018
Des Moines, Iowa -- Dustin Kirk Barnhill, age 27, of Des Moines was charged with Insurance Fraud - Presenting False Information (Class D Felony) following an investigation by the Iowa Insurance Division’s Fraud Bureau. The charges against Barnhill stem from an investigation that began in December 2017. It is alleged that Barnhill submitted a fraudulent insurance claim to his insurance company...
Thursday, April 26, 2018
Des Moines, Iowa --  Michael Dean Kirsch, age 43, of Shenandoah was charged with ongoing criminal conduct-influencing enterprise, a Class B Felony, three Class C Felony counts of first degree theft, seven Class D Felony counts of second degree theft, and third and fourth degree theft following an investigation by the Iowa Insurance Division’s Fraud Bureau (Fraud Bureau). The charges...
Thursday, April 19, 2018
Des Moines – Iowa Insurance Commissioner Doug Ommen today issued a bulletin to all health insurers writing business in Iowa stating that Iowa will allow the extension of transitional health insurance policies for individuals and small groups to continue through calendar year 2019.  This decision follows an announcement from the Centers for Medicare and Medicaid Services (CMS)...
Wednesday, April 18, 2018
Des Moines – Iowa Insurance Commissioner Doug Ommen issued the following statement regarding the U.S.Securities and Exchange Commission’s (SEC) “best interest” standard rule-making proposal for broker-dealers and investment advisers which was announced today. “I look forward to continuing to work with the SEC on this topic in my dual roles with both the NAIC and NASAA,” Ommen said....
Tuesday, April 10, 2018
Des Moines - The Centers for Medicare and Medicaid Services (CMS) announced yesterday that, if permitted by applicable state authorities, health insurers can continue transitional policies through calendar year 2019. “I appreciate CMS once again offering some state flexibility in this regard as has been done each year since 2014.  I am reviewing the impact of this option and will...
Tuesday, April 10, 2018
Des Moines – The Iowa Insurance Division released today the health insurance rate and form filing timelines for 2019. Carriers will need to follow these instructions, which were finalized following a recent CMS announcement, for ACA-compliant plans (on and off the ACA marketplace), pre-ACA plans and stand-alone dental plans (SADPs). Iowa’s 2019 health insurance rate and form filing...
Tuesday, April 10, 2018
The Iowa Insurance Division recently ordered Bruce A. Hauptman of Wilson, Wyoming to pay a civil penalty of $235,000 for failing to pay $138,000 in restitution to Iowans to resolve claims of selling unregistered securities, selling securities as an unregistered agent, using dishonest or unethical practices in the securities business, and omission of material facts.  Hauptman owns B. Hauptman...
Monday, April 9, 2018
Des Moines, Iowa --  Scott D. Leininger, age 40, formerly of Spencer, was charged in Clay County with Ongoing Criminal Conduct, a Class B Felony for his alleged role in committing fraud against Homesite Insurance Company following an insurance fraud investigation by the Iowa Insurance Division’s Fraud Bureau and the National Insurance Crime Bureau. The charges against Leininger stem from...
Thursday, April 5, 2018
Des Moines, Iowa --  Eric C. Boel, age 41, of Altoona was charged with Insurance Fraud - Presenting False Information (Class D Felony) and Theft in the 1st Degree (Class C Felony) following an investigation by the Iowa Insurance Division’s Fraud Bureau. The charges against Boel stem from an investigation that began in 2016.  It is alleged that Boel submitted a fraudulent insurance...