Administrative Orders and Actions

Post date Matter Order Status
10-30-2007 Flattery Edmond Albia IA Allegation: Criminal charges Resolution: Consent Order - Insurance Producer License is permanently revoked and permanently barred from reapplying for an insurance producer license. Also permanently barred from applying for a securities agent license in the State of Iowa. Date of Order/Settlement: 2007-10-31 00:00:00
10-25-2007 In the Matter of Virginia E. Smith Order and Consent to Order Final
10-25-2007 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
10-24-2007 In the Matter of Donald E. Johnson Cease and Desist Order Final
10-24-2007 Johnson Donald E Eldon MO Allegation: Unregistered Securities and agent; misrepresentations and Omissions. Resolution: Cease and Desist Order issued and monetary penalty assessed. Date of Order/Settlement: 2007-10-25 00:00:00
10-21-2007 In the Matter of Memberselect Insurance Company Order and Consent to Order and Agreement Final
10-21-2007 MemberSelect Insurance Company Dearborn MI Allegation: Summary Order Disapproving premium rate changes. Resolution: Consent Order signed. Date of Order/Settlement: 2007-10-22 00:00:00
10-18-2007 Hughes Chuck and Hughes Investment Advisors LLC Hot Springs NC Allegation: Transacted business as an investment adviser representative without being registered. Resolution: Order and Consent Order signed and Hughes reimbursed former subscriber $2500. Date of Order/Settlement: 2007-10-19 00:00:00
10-17-2007 In the matter of Chuck Hughes and Hughes Investment Advisors LLC. Order and Consent to Order Final
10-17-2007 In re the application of EMCASCO INSURANCE COMPANY for approval of an "Agreement and Plan of Merger" with FARM AND CITY INSURANCE COMPANY Findings of Fact Conclusions of Law and Order Final
10-14-2007 In the Matter of Memberselect Insurance Company Order and Consent to Order and Agreement; Summary Order Disapproving Premium Rate Changes Final
10-14-2007 Yamada Judy Ann Harlan IA Allegation: Failure to disclose criminal convictions on appl. For licensure. Resolution: Consent signed & monetary penalty assessed. Date of Order/Settlement: 2007-10-15 00:00:00
10-11-2007 In the Matter of Future Stars Sports Inc. / Mark McLaughlin Cease and Desist Order Final
10-11-2007 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
10-11-2007 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
09-27-2007 In the matter of Jack L. Straw Order of Summary Revocation and Order to Cease and Desist Final
09-27-2007 Straw Jack Cedar Rapids IA Allegation: Unlicensed SEC. Misrepresentation; misappropriation of funds. Resolution: Order of Summary Revocation and Order to Cease and Desist. Date of Order/Settlement: 2007-09-28 00:00:00
09-25-2007 In the matter of the application of ARIEL HOLDINGS LTD for approval of a plan to acquire control of VALIANT INSURANCE COMPANY Findings of Fact Conclusions of Law and Order Final
09-24-2007 In the matter of Judy Ann Yamada Order and Consent to Order Final
09-23-2007 In the matter of Kevin Barnett; Barnett Investments Inc. Order and Consent to Order Final
09-23-2007 Barnett Kevin Louis MO Allegation: Unregistered agent; Unregistered Securities; Omissions and Misrepresentations. Resolution: Cease and Desist Order issued and a monetary penalty assessed. Date of Order/Settlement: 2007-09-24 00:00:00
09-16-2007 In the matter of Daniel William Huebner; Net Worth One Inc.;Rental Property LLC Program (A/K/A Royalty Lease Rental Partnership Program Loan) Cease and Desist Order Final
09-16-2007 In the Matter of Hartford Life Insurance Company Order and Consent to Order Final
09-16-2007 Hartford Life Insurance Company Simsbury CT Allegation: Failure to respond to two separate inquiries related to a complaint received by the Division. Resolution: Consent Order signed and a monetary penalty assessed. Date of Order/Settlement: 2007-09-17 00:00:00
09-13-2007 In the matter of Mark J. Reno Order and Consent to Order and Agreement Final
09-13-2007 In re the application of MONUMENTAL LIFE INSURANCE COMPANY for approval of an "Agreement and Plan of Merger" with PEOPLES BENEFIT LIFE INSURANCE COMPANY Findings of Fact Conclusions of Law and Order Final
09-13-2007 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
09-11-2007 In the Matter of Laura Patterson and Coventry Health Care of Iowa Inc Decision Final
09-11-2007 Coventry Health Care of Iowa Urbandale IA Allegation: Denial of coverage Resolution: Decision rendered. Insurer hasnt sustained burden of poof. Cancellation not upheld and policy remains in force. Date of Order/Settlement: 2007-09-12 00:00:00
09-10-2007 In the Matter of Avera Health Plans Order and Consent to Order Final
09-10-2007 Avera Health Plans Inc. Sioux Falls SD Allegation: Avera had not filed a sample notification of a members right to have an external review following a claim denial. Resolution: Consent Order signed and monetary fines and costs assessed. Date of Order/Settlement: 2007-09-11 00:00:00
09-05-2007 In the matter of the joint application of CUNA MUTUAL LIFE INSURANCE COMPANY and CUNA MUTUAL INSURANCE SOCIETY for the approval of a plan to merge CUNA MUTUAL LIFE INSURANCE COMPANY with and into CUNA MUTUAL INSURANCE SOCIETY Combined Findings of Facts Conclusions of Law and Order Final
09-05-2007 In the Matter of United Health Care Insurance Company Et. Al. Multi-State Regulatory Settlement Agreement Final
09-05-2007 Olive Richard K. Franklin TN Allegation: Unauthorized Insurer; Failure to disclose to policyholders that NFA is not a tax exempt organization; Misleading sales presentations; Unlawful solicitation of insurance business; Unsuitable transactions or recommendations. Resolution: Consent Order signed. Cease and desist violations. Date of Order/Settlement: 2007-09-06 00:00:00
09-04-2007 In the Matter of Richard K. Olive Order and Consent to Order and Agreement Final
08-28-2007 In the matter of application of LONGS DRUG STORES CORPORATION and ACCENDO HOLDINGS COMPANY INC. for approval of a plan to acquire control of NUTMEG LIFE INSURANCE COMPANY Findings of Fact Conclusions of Law and Order Final
08-27-2007 Nielsen Nancy Marcus IA Allegation: Incorrectly completed a policy application and failed to execute the policyholders intentions. Resolution: Consent Order signed and civil penalty assessed. Date of Order/Settlement: 2007-08-28 00:00:00
08-20-2007 In the Matter of Midwest Financial Consultants and William James Davis Appeal Decision Final
08-20-2007 Moscoso Luis Dubuque IA Allegation: Unauthorized Insurer; Failure to disclose to policyholders that NFA is not a tax exempt organization; Misleading sales presentations; Unlawful solicitation of insurance business; Unsuitable transactions or recommendations. Resolution: Consent Order signed: Insurance producer license is revoked and is permanently barred from reapplying for insurance license or applying for a securities agent license or investment advisor representative license. Date of Order/Settlement: 2007-08-21 00:00:00
08-19-2007 Davis William Spirit Lake IA Allegation: Appealed denial of licensure. Resolution: Appeal Decision: Denied Securities license; as to his insurance license the decision of the administrative law judge is affirmed. Davis is suspended for a period of three months and is assessed a civil penalty. Date of Order/Settlement: 2007-08-20 00:00:00
08-17-2007 International Paper Memphis TN Allegation: Failed to file an application for renewal for Workers Compensation Self-Insurance program. Resolution: Consent Order signed and monetary penalty assessed. Date of Order/Settlement: 2007-08-18 00:00:00
08-16-2007 In the Matter of Luis S. Moscoso Order and Consent to Order Final
08-14-2007 In the Matter of Nancy Nielsen Order and Consent to Order Final
08-12-2007 In the matter of Growth Stock Guru Aharon Bronfman Cease and Desist Order Final
08-12-2007 Bronfman Aharon South San Francisco CA Allegation: Unlicensed Investment Advisor and Representative; Misrepresentations and Omissions. Resolution: Cease & Desist order issued and a monetary penalty assessed. Date of Order/Settlement: 2007-08-13 00:00:00
08-12-2007 Growth Stock Guru New York NY Allegation: Unlicensed Investment Advisor and Representative; Misrepresentations and Omissions. Resolution: Cease and Desist order issued and monetary penalty assessed. Date of Order/Settlement: 2007-08-13 00:00:00
08-06-2007 In the Matter of International Paper Order and Consent to Order Final
08-06-2007 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
07-30-2007 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
07-25-2007 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