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11-23-2004 |
In the Matter of Michael R. Gerot |
Order and Consent to Order |
Final |
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11-22-2004 |
Peters Jerry L. & Julep Financial Services Ltd. |
Kansas City MO
Allegation: As an unregistered agent sold an unregistered security a viatical settlement investment contract to an Iowa resident.
Resolution: Order: Cease and desist sales of unregistered non-exempt securities. Peter ordered to cease and desist acting as an agent while not registered with the Iowa Securities Bureau.
Date of Order/Settlement: 2004-11-22 00:00:00 |
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11-19-2004 |
In re the application of DMC MUTUAL INSURANCE ASSOCIATION for approval of an Assumption and Reinsurance Agreement with WAPELLO MUTUAL INSURANCE ASSOCIATION |
Findings of Fact Conclusions of Law and Order |
Final |
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11-19-2004 |
Gless Richard E. |
Bettendorf IA
Allegation: Advertising violations; unsuitable sales; using unlicensed producers
Resolution: Consent signed: Use only company approved marketing materials; demonstrate suitablitity in sales; use licensed producers; 2 yrs probation; pay $750 Fine;
Date of Order/Settlement: 2004-11-19 00:00:00 |
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11-18-2004 |
Provident Life and Casualty Insurance Company |
Chattanooga TN
Allegation: Multi State Market Conduct Exam for individual and group long term disability income claim handling practices.
Resolution: Agreement: Implement changes in corporate governance; implement the Claim Reassessment Process; Provide initial notice to specified claimants; conduct employee training; pay fine to be allocated to participating regulators.
Date of Order/Settlement: 2004-11-18 00:00:00 |
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11-18-2004 |
Provident Life and Accident Insurance Company |
Chattanooga TN
Allegation: Multi State Market Conduct Exam for individual and group long term disability income claim handling practices.
Resolution: Agreement: Implement changes in corporate governance; implement the Claim Reassessment Process; Provide initial notice to specified claimants; conduct employee training; pay fine to be allocated to participating regulators.
Date of Order/Settlement: 2004-11-18 00:00:00 |
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11-18-2004 |
Paul Revere Life Insurance Company |
Chattanooga TN
Allegation: Multi State Market Conduct Examination
Resolution: Agreement: Implement changes in corporate governance; implement the Claim Reassessment Process; Provide initial notice to specified claimants; conduct employee training; pay fine to be allocated to participating regulators.
Date of Order/Settlement: 2004-11-18 00:00:00 |
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11-18-2004 |
UNUM Life Insurance Company of America |
Portland ME
Allegation: Multi State Market Conduct Exam for individual and group long term disability income claim handling practices.
Resolution: Agreement: Implement changes in corporate governance; implement the Claim Reassessment Process; Provide initial notice to specified claimants; conduct employee training; pay fine to be allocated to participating regulators.
Date of Order/Settlement: 2004-11-18 00:00:00 |
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10-27-2004 |
Darnell Mary E. |
Grinnell IA
Allegation: Failure to comply with child support order
Resolution: License suspended
Date of Order/Settlement: 2004-10-28 00:00:00 |
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10-07-2004 |
Wilhelmson Steven C. |
Warr Acres OK
Allegation: Providing incorrect information in license application; revocation of license by another state; failure to notify Division of prior actions.
Resolution: Order signed: License revoked
Date of Order/Settlement: 2004-10-08 00:00:00 |
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10-06-2004 |
In the Matter of Edward D. Jones & Co. L.P. |
Order and Consent to Order |
Final |
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10-06-2004 |
Edward D. Jones & Co. L.P. |
St. Louis MO
Allegation: Failed to reasonably supervise securities agent
Resolution: Cease and desist filing to supervise; Pay $9500 Fine and Costs
Date of Order/Settlement: 2004-10-07 00:00:00 |
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10-05-2004 |
Anderson Neil R. |
Dixon IA
Allegation: Using fraudulent or dishonest practices; failure to cooperate in an investiagion by commissioner
Resolution: Order signed: License revoked
Date of Order/Settlement: 2004-10-06 00:00:00 |
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10-04-2004 |
Cross Scott K. |
Perry IA
Allegation: Improper withholding misappropriating or conversion of moneys; failure to cooperate with investigation by commissioner
Resolution: Order signed: License revoked
Date of Order/Settlement: 2004-10-05 00:00:00 |
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10-03-2004 |
In the Matter of Learn Waterhouse Inc.; Randy Treadwell; Gene Thompson; Tom Zielske |
Cease and Desist Order |
Final |
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10-03-2004 |
Learn Waterhouse Inc. Randy Treadwell Gene Thompson Tom Zielske |
Edinburg TX
Allegation: Unregistered Securities; Unregisterd Agent material misrepresentations and omissions
Resolution: Order: Cease and desist the offer or sal of unregisterd non exempt securities; cease and desist acting as an agent without registration; making misrepresentations and omissions of material facts;
Date of Order/Settlement: 2004-10-04 00:00:00 |
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09-29-2004 |
In the Matter of Dennis M. Stephens |
Proposed Findings of Fact Conclusions of Law and Order |
Final |
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09-19-2004 |
In the Matter of Home Solutions Real Estate Investments Inc.; Mike Larpenter; Patricia Larpenter |
Cease and Desist Order |
Final |
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09-19-2004 |
In the Matter of Aaron Chamley; Chamley Financial LLC; and James Chamley |
Cease and Desist Order |
Final |
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09-19-2004 |
Chamley James |
Colorado Springs CO
Allegation: Sold viatical settlement investment contracts while unregistered
Resolution: Cease and Desist issued to halt sale of unregistered securities
Date of Order/Settlement: 2004-09-20 00:00:00 |
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09-19-2004 |
Chamley Financial LLC |
Colorado Springs CO
Allegation: Sold viatical settlement investment contracts while unregistered
Resolution: Cease and desist issued to halt sale of unregistered securities
Date of Order/Settlement: 2004-09-20 00:00:00 |
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09-19-2004 |
Chamley Aaron |
Van Wert IA
Allegation: Sold viatical settlement investment contracts while unregistered.
Resolution: Cease and desist issued to hald the sale of unregistered securities; cease and desist acting as unregistered agent
Date of Order/Settlement: 2004-09-20 00:00:00 |
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09-16-2004 |
Larpenter Patricia |
Des Moines IA
Allegation: Offered and sold unregistered securities (promisary notes); misrepresented material facts; omitted material facts.
Resolution: Cease and desist ordering hald sales and offers to sell securities; misrepresentation and omission of material facts in the offer and selling of securities; cease and desist acting as agents while unregistered
Date of Order/Settlement: 2004-09-17 00:00:00 |
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09-16-2004 |
Larpenter Mike |
Des Moines IA
Allegation: Offered and sold unregistered securities (promisary notes); misrepresented material facts; omitted material facts.
Resolution: Cease and desist ordering hald sales and offers to sell securities; misrepresentation and omission of material facts in the offer and selling of securities; Cease and desist acting as agents while unregistered
Date of Order/Settlement: 2004-09-17 00:00:00 |
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09-16-2004 |
Home Solutions Reals Estate Investments Inc. |
Des Moines IA
Allegation: Offered and sold unregistered securities (promisary notes); misrepresented material facts; omitted material facts.
Resolution: Cease and desist ordering hald sales and offers to sell securities; misrepresentation and omission of material facts in the offer and selling of securities
Date of Order/Settlement: 2004-09-17 00:00:00 |
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09-12-2004 |
Porterfield III Herlen C. |
Lansdowne PA
Allegation: Providing incorrect information on License Application; conviction of a velony revocation of license in another state; failure to cooperate in investigation by commissioner
Resolution: Order: License revoked
Date of Order/Settlement: 2004-09-13 00:00:00 |
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09-08-2004 |
American Equity Investment Life Ins. Co. |
Des Moines IA
Allegation: Failure to submit dividend information to Insurance Division prior to declaration and payment to stockholders.
Resolution: Consent signed: Agree to list dividends from January 1 2000 to present; report all dividends within 5 business days; pay $1500 fine and $500 Costs
Date of Order/Settlement: 2004-09-09 00:00:00 |
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09-07-2004 |
In the Matter of Edwin Pace |
Proposed Findings of Fact Conclusions of Law and Order |
Final |
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09-07-2004 |
Pace Edwin |
Indianola IA
Allegation: Offered and sold unregistered securities; omission of material facts; no securities license incompetence and untrustworthiness; violations of the Iowa Consumer Fraud Act.
Resolution: Order: License revoked; not eligible for licensure until obligations imposed by the Iowa District Court are fully satisfied.
Date of Order/Settlement: 2004-09-08 00:00:00 |
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09-01-2004 |
In the Matter of Karl Paul Ritland |
Order and Consent to Order |
Final |
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08-31-2004 |
Ritland Karl Paul |
Des Moines IA
Allegation: Unauthorized trades and use of discretionary power
Resolution: Consent: Securities license censured; 1 year probation; Pay $250 Fine and $250 Costs
Date of Order/Settlement: 2004-09-01 00:00:00 |
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08-26-2004 |
In the Matter of Jerome J. OConnor Jr. |
Proposed Findings of Fact Conclusions of Law and Order |
Final |
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08-26-2004 |
In the Matter of Samuel W. Walker |
Proposed Findings of Fact Conclusions of Law and Order |
Final |
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08-26-2004 |
OConnor Jr. Jerome J. |
Omaha NE
Allegation: Forgery; use of fraudulent coercive or dishonest practices
Resolution: Order signed: License permanently revoked
Date of Order/Settlement: 2004-08-27 00:00:00 |
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08-23-2004 |
In the Matter of USI of Georgia Inc. |
Order and Consent to Order |
Final |
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08-23-2004 |
Walker Samuel W. |
Waterloo IA
Allegation: Failure to disclose prior criminal convictions on license application
Resolution: Order signed: License revoked
Date of Order/Settlement: 2004-08-24 00:00:00 |
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08-22-2004 |
USI of Georgia Inc. |
Norfolk VA
Allegation: Did not remit surplus lines taxes; no Iowa licensed producer;
Resolution: Consent signed: Cease and desist conducting business until employee licensed in Iowa; pay $4500 Fine; and $500 Costs.
Date of Order/Settlement: 2004-08-23 00:00:00 |
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08-10-2004 |
Cooper Byron D. |
Cedar Rapids IA
Allegation: Unlicensed to sell securities; Sale of alleged investments in unregistered securities promissory notes
Resolution: Consent signed: Cease and desist sale or offer to sell securities without a securities license; 2 years probation; $5000 civil penalty.
Date of Order/Settlement: 2004-08-11 00:00:00 |
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08-10-2004 |
Kempema David J. |
Sioux City IA
Allegation: Failed to correct address at the Division; used unapproved marketing material; employed unlicensed employees doing insurance business; violation of 508C.18 in soliciting business.
Resolution: Consent: Notify Division within 30 days of address change; use only company approved marketing materials; will not use any unlicensed employees doing insurance transactions;will protect confidential client info; pay $2500 Fine; no reference to 508C.18
Date of Order/Settlement: 2004-08-11 00:00:00 |
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08-05-2004 |
In the Matter of Sunrise Energy Inc.; Shea Silva |
Cease and Desist Order |
Final |
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08-05-2004 |
Silva Shea |
Santa Ana CA
Allegation: Sale of unregistered securities by an unregistered agent
Resolution: Order: Cease and desist of sale or offer of sale of unregistered securities in Iowa
Date of Order/Settlement: 2004-08-06 00:00:00 |
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08-05-2004 |
Sunrise Energy Inc. |
Irvine CA
Allegation: Selling nregistered securities unregistered agent
Resolution: Order: Cease and desist the offer or sale of and participating in the offer or sale of unregistered securities
Date of Order/Settlement: 2004-08-06 00:00:00 |
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08-01-2004 |
In the Matter of Ronald S. Helland |
Order and Consent to Order |
Final |
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08-01-2004 |
In the Matter of Johnathan C. Ahlf |
Proposed Findings of Fact Conclusions of Law and Order |
Final |
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08-01-2004 |
In the Matter of Daniel E. Mauro |
Proposed Findings of Fact Conclusions of Law and Order |
Final |
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08-01-2004 |
Helland Ronald S. |
Ames IA
Allegation: Forging of customers signatures on insurance form
Resolution: Consent: Cease and desist from allegation; pay $400 Fine and $100 Costs
Date of Order/Settlement: 2004-08-02 00:00:00 |
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07-26-2004 |
Ahlf Johnathan C. |
Muscatine IA
Allegation: Application fraud; forgery of customer signatures;fraudulent or dishonest practices.
Resolution: Order: License revoked
Date of Order/Settlement: 2004-07-27 00:00:00 |
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07-21-2004 |
In the Matter of Bruce D. Parks |
Order and Consent to Order |
Final |
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07-21-2004 |
Parks Bruce D. |
Burlington IA
Allegation: Sale of unregistered securities and/or unregistered business opportunities without proper licensure.
Resolution: Consent signed: Iowa insurance license permanently revoked; cease and desist participating in any activiites that require an insurance license and sale of unregistered securities and/or business opportunities in Iowa.
Date of Order/Settlement: 2004-07-22 00:00:00 |
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07-20-2004 |
In the Matter of Steven A. Purdue |
Proposed Findings of Fact Conclusions of Law and Order |
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