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Monday, April 5, 2021
Des Moines – The Iowa Insurance Division today issued an emergency adjudicative order in the matter of Oscar Sanchez of West Des Moines, Iowa for multiple violations of Iowa law.  Sanchez’s insurance producer license is immediately suspended, he must immediately cease and desist doing insurance business in Iowa, have no contact with any current or former insurance clients and shall...
Tuesday, March 30, 2021
Financial Literacy Month student challenge equips young people with money management skills and supports remote learning Des Moines, Iowa –The Iowa Insurance Division today announced that it is sponsoring the EVERFI Financial Literacy Bee, taking place April 1-15, 2021. The EVERFI Financial Literacy Bee is a nationwide financial literacy challenge for high school students....
Monday, March 29, 2021
Des Moines, Iowa – The Centers for Medicare & Medicaid Services (CMS) announced recently that additional federal premium tax credits will be available to individuals purchasing their own health insurance directly through the Affordable Care Act’s (ACA) marketplace (healthcare.gov).  The increased federal premium tax credits may result in lower premium amounts paid by Iowans...
Thursday, March 25, 2021
Des Moines -- Iowa Insurance Commissioner Doug Ommen today announced that Iowa investors who were previously defrauded by Metals.com, Tower Equity, Chase Metals, or Barrick Capital have until April 30, 2021, to file a claim with the court appointed Receiver in order to try and recover at least a portion of their lost funds. Ommen joined 29 other states and the Commodity Futures Trading...
Thursday, March 25, 2021
Thursday, March 18, 2021 The Division publicly issued a Request for Proposals for an Online High School Financial Literacy Program. The RFP is available here.
Thursday, March 18, 2021
Des Moines, Iowa - The Iowa Insurance Division today announced that Trinity Healthshare Inc. (now known as Sharity Ministries, Inc.) has agreed to a consent order that says Trinity will cease operations in Iowa on June 30, 2021, following charges that were filed against Trinity Healthshare Inc. and The Aliera Companies in 2020. “While Trinity has denied the allegations, it...
Wednesday, March 17, 2021
Des Moines - Iowa seniors and Medicare beneficiaries are encouraged to be aware of current Medicare card scams in our state.  To learn more about Medicare scams impacting Iowans, register for our live event on Friday, April 23, 2021 at 1:30 p.m. at https://bit.ly/3s0g8Ua. “It’s important for Iowans to protect their Medicare number and not give it to unknown callers,” SHIIP/SMP...
Monday, March 8, 2021
Des Moines, Iowa – Iowa Insurance Commissioner Doug Ommen today issued a bulletin providing guidance to Iowa consumers and insurers regarding the CMS decision to allow transitional policies to be extended through calendar year 2022. “I appreciate federal authorities providing flexibility to the Iowa Insurance Division to extend transitional policies.  Without this option,...
Thursday, March 4, 2021
Des Moines, Iowa - Stephanie Lynn Rink, age 32, of Remsen, has been charged with one count of Insurance Fraud - Presenting False Information (Class D Felony) following an investigation by the Iowa Insurance Division’s Fraud Bureau. The charge against Rink stems from an investigation which began in March of 2020. According to a criminal complaint filed by the Iowa Insurance Fraud Bureau,...
Wednesday, March 3, 2021
Des Moines, Iowa -- Dustin French, age 42, of Red Oak, Iowa, was charged with one count of Insurance Fraud - Presenting False Information (Class D Felony) and one count of Theft in the 2nd Degree (Class D Felony) following an investigation by the Iowa Insurance Division’s Fraud Bureau. The charges against French, a former licensed insurance producer, stem from an investigation which began in...