Administrative Orders and Actions

Post date Matter Order Status
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
07-23-2007 In the Matter of John Tapken Order and Consent to Order Final
07-23-2007 In the Matter of National Foundation of America Order and Consent to Order Final
07-23-2007 Tapken John Marion IA Allegation: Issued retroactive coverage and forged client signatures. Resolution: Consent Order signed and civil penalty assessed. Date of Order/Settlement: 2007-07-24 00:00:00
07-19-2007 In the Matter of Penn Treaty Network America Insurance Co. Summary Order Denying Premium Rate Increase Final
07-19-2007 Penn Treaty Network America Insurance Co. Allentown PA Allegation: Proposed a rate increases dated July 6 2007 for several types of long term care policies . Resolution: Summary Order Denying Premium Rate Increase. Date of Order/Settlement: 2007-07-20 00:00:00
07-18-2007 In the Matter of David Tallett Order and Consent to Order Final
07-18-2007 Tallett David Cedar Rapids IA Allegation: Advertising Violation Resolution: Consent Order signed. Civil penalty assessed. Date of Order/Settlement: 2007-07-19 00:00:00
07-17-2007 In the Matter of Joan Hovey and Coventry Health Care of Iowa Inc. Decision Final
07-17-2007 Coventry Health Care of Iowa Urbandale IA Allegation: Denial of coverage Resolution: Decision rendered based on facts presented. Contract will terminate 10 days after decision issued. Claims will be paid for submitted or medical charges incurred as provided under terms of contract during period of coverage. Date of Order/Settlement: 2007-07-18 00:00:00
07-10-2007 In the Matter of Ritchie Chieves Order and Consent to Order Final
07-10-2007 Chieves Ritchie Ames IA Allegation: Misappropriated premium dollars for personal business expenses. Resolution: Consent Order signed to permanently revoke insurance producer license and is barred from reapplying for an insurance license in the State of Iowa. Chieves is also permanently barred from applying for a securities agent license in the State of Iowa. Date of Order/Settlement: 2007-07-11 00:00:00
06-19-2007 In the Matter of joint application of CUNA MUTUAL LIFE INSURANCE COMPANY and CUNA MUTUAL INSURANCE COMPANY for the approval of plan to merge CUNA MUTUAL LIFE INSURANCE COMPANY with and into CUNA MUTUAL INSURANCE SOCIETY NOTICE of Public Hearing and ORDER (Iowa Code chapters 521 and 521A) Final
06-18-2007 In the Matter of Edmond Vincent Flattery Order of Summary Suspension Final
06-18-2007 Flattery Edmond Albia IA Allegation: Criminal charges Resolution: Order of Summary Suspension Date of Order/Settlement: 2007-06-19 00:00:00
06-11-2007 In the Matter of Stephan Kerby Order and Consent to Order Final
06-11-2007 Kerby Stephan Clive IA Allegation: Advertising violation. Resolution: Order and Consent to Order signed; Civil penalty assessed. Date of Order/Settlement: 2007-06-12 00:00:00
06-10-2007 In the Matter of Mark Bakker Order and Consent to Order Final
06-10-2007 Bakker Mark Urbandale IA Allegation: Misrepresented the terms of a life insurance policy to an Iowa resident. Resolution: Consent Order signed. Civil penalty and costs assessed. Date of Order/Settlement: 2007-06-11 00:00:00
06-04-2007 In the Matter of Nationwide Life Insurance Co. Order and Consent to Order Final
06-04-2007 Nationwide Life Insurance Company Columbus OH Allegation: Failure to cooperate in an invesitigation. Resolution: Consent Order - Civil penalty and costs imposed and response received for the Divisions inquiries. Date of Order/Settlement: 2007-06-05 00:00:00
05-28-2007 In the Matter of Carl Davis Order and Consent to Order Final
05-28-2007 In the Matter of Garlon Maxwell Order and Consent to Order Final
05-28-2007 In the Matter of Amber Maxwell Order and Consent to Order Final
05-28-2007 In the Matter of Richard Duffin Order and Consent to Order Final
05-28-2007 In the Matter of Perry Comeau Order and Consent to Order Final
05-28-2007 In the Matter of Lincoln Benefit Life Company Order and Consent to Order Final
05-28-2007 Duffin Richard Lehi UT Allegation: Unregistered investment advisor and representative. Resolution: Consent Order signed and civil penalty assessed. Date of Order/Settlement: 2007-05-29 00:00:00
05-28-2007 Maxwell Garlon Pleasant Grove UT Allegation: Unregistered investment advisor. Resolution: Consent Order signed and civil penalty assessed. Date of Order/Settlement: 2007-05-29 00:00:00
05-28-2007 Lincoln Benefit Life Company Lincoln NE Allegation: Failure to cooperate in an investigation by the Commissioner. Resolution: Consent Order - Civil penalty and costs imposed and response received for the Divisions inquiries. Date of Order/Settlement: 2007-05-29 00:00:00
05-28-2007 Davis Carl West Des Moines IA Allegation: Advertising Violations Resolution: Order and Consent to Order - placed on probation for a period of six months; Civil penalty and costs imposed. Date of Order/Settlement: 2007-05-29 00:00:00
05-20-2007 In the Matter of Vernon Wayne Cooper Order and Consent to Order and Agreement Final
05-20-2007 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
05-20-2007 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
05-09-2007 In the Matter of Louis J. Roi Order and Consent to Order Final
05-09-2007 In the Matter of Christine Lueders Order and Consent to Order Final
05-09-2007 Lueders Christine Deer Park IL Allegation: Surplus Violations. Resolution: Consent Order signed and civil penalty assessed. Date of Order/Settlement: 2007-05-10 00:00:00
05-09-2007 Roi Louis Naperville IL Allegation: Surplus Violations. Resolution: Consent Order signed and civil penalty assessed. Date of Order/Settlement: 2007-05-10 00:00:00