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01-21-2004 |
In the Matter of Edgar Lee Andrews; Dotnow.Com Inc.; Mula Growth Fund Lp; Mula Financial Services Llc |
Cease and Desist Order and Consent to Cease and Desist Order Agreement |
Final |
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01-21-2004 |
Andrews Edgar Lee |
Des Moines IA
Allegation: Unregistered securities agents; Selling unregistered securities;
Resolution: Order: Cease & Desist the offer or sale of unregistered securities; cease & desist acting as agents without registration; shall not employ unregistered agents; shall not make untrue statements of material facts in the offer or sale of securities.
Date of Order/Settlement: 2004-01-21 00:00:00 |
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01-08-2004 |
In the matter of the joint application of WORLD MUTUAL HOLDING COMPANY and AMERICAN REPUBLICMUTUAL HOLDING COMPANY for approval of a plan to merge WORLD MUTUAL HOLDING COMPANY with and into AMERICAN REPUBLIC MUTUAL HOLDING COMPANY |
Findings of fact conclusions of law and order |
Final |
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01-08-2004 |
Ober Dennis H. |
Des Moines IA
Allegation: Sale of unregistered securities and/or business opportunities
Resolution: Consent signed: License probation until 7/1/07; repay all commissions and/or finders fees of $41940; Pay $1000 Costs; sell only approved insurance and securities products.
Date of Order/Settlement: 2004-01-08 00:00:00 |
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01-08-2004 |
Middleton Denyce |
Waterloo IA
Allegation: Criminal action prior to licensure
Resolution: Consent signed: Probationary license issued 1 year probation subject to supervision; issue quarterly reports to Division regarding work
Date of Order/Settlement: 2004-01-08 00:00:00 |
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01-07-2004 |
Revland Markis J. |
Arnolds Park IA
Allegation: Failure to comply with previous order and failure to respond to Division inquiry
Resolution: License suspended
Date of Order/Settlement: 2004-01-07 00:00:00 |
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01-05-2004 |
Madyun Naim H. |
Des Moines IA
Allegation: Failure to satisfy bail bond judgments; took premium but failed to post bond.
Resolution: Affirmed Order: License suspended indefinitely.
Date of Order/Settlement: 2004-01-05 00:00:00 |
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12-18-2003 |
In the matter of the application of CROP ONE INSURANCE DIRECT INC. and WILLIAM T. ROSE JR. an individual for approval of a plan to acquire control of AG HAIL INSURANCE COMPANY INC. |
Findings of fact conclusions of law and order |
Final |
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12-18-2003 |
In the Matter of Daniel C. Heese |
Findings of fact conclusions of law and order |
Final |
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12-17-2003 |
In the matter of the application of ONEX CORPORATION and GERALD W. SCHWARTZ an individual for approval of a plan to to acquire control of MAGELLAN BEHAVIORAL CARE OF IOWA INC. |
Findings of fact conclusions of law and order |
Final |
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12-15-2003 |
Heese Daniel C. |
Council Bluffs IA
Allegation: Sale of unregistered securities; not licensed to sell securities; Incorrect information on application;
Resolution: Order signed: Cease and Desist from violations of Iowa securities law and rule; License revoked permanently; Pay $10000 Civil Penalty; Pay $500 Costs
Date of Order/Settlement: 2003-12-15 00:00:00 |
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12-08-2003 |
In the Matter of Geoffrey A. Jennings |
Order for Entry of Default Judgement |
Final |
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12-05-2003 |
Jennings Geoffrey A. |
Council Bluffs IA
Allegation: Sold unregistered securities or business opportunities without proper licensure; failed to disclose criminal actions; violation of 18 U.S.C. section 1033; misappropriating funds or borrowing from clients after representing he was not.
Resolution: Order 9/15/03: License suspended; cease and desist from doing any insurance business in Iowa. Order dated 12/5/03: License permanently revoked; Cease and desist from offer and sale of unregistered securities and without proper securities license.
Date of Order/Settlement: 2003-12-05 00:00:00 |
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12-04-2003 |
OConnor Jr. Jerome J. |
Omaha NE
Allegation: Failure to notify the Iowa Insurance Division of prior administrative actions 2/26/04 Failure to pay fine.
Resolution: Consent signed: 1 year license probation; Pay $750 civil penalty; report any administrative action taken against him within 30 days of final disposition 2/26/04; License suspended.
Date of Order/Settlement: 2003-12-04 00:00:00 |
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12-03-2003 |
Frey Terry G |
Cedar Rapids IA
Allegation: Failure to comply with Order and Consent to Order to surrender license
Resolution: Order: license suspended pending resolution of administrative action
Date of Order/Settlement: 2003-12-03 00:00:00 |
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11-26-2003 |
In the Matter of Dennis M. Stephens |
Order of Summary Suspension |
Final |
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11-26-2003 |
In re the application of MOTORISTS MUTUAL INSURANCECOMPANY |
Combined Findings of Fact Conclusions of Law and Order |
Final |
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11-26-2003 |
Mutual of Omaha Insurance Company |
Omaha NE
Allegation: Failure to comply with requirements of external review procedure
Resolution: Consent signed: Pay $500 Fine
Date of Order/Settlement: 2003-11-26 00:00:00 |
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11-20-2003 |
Stephens Dennis M. |
Lake Mills IA
Allegation: Violations of previous order regarding prohibited loan activity
Resolution: Order of Summary Suspension: License suspended immediately; cease and desist from participating in the business of insurance in Iowa; and from soliciting or receiving any further loans from unrelated insurance clients; Pending hearing date 12/18/03
Date of Order/Settlement: 2003-11-20 00:00:00 |
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11-06-2003 |
In re the application of LE MARS MUTUAL INSURANCE COMPANY OF IOWA for approval of a plan of conversion to a stock insurance company |
Findings of fact conclusions of law and order |
Final |
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10-23-2003 |
Neighbor Eldon L. |
Alburnett IA
Allegation: Permitted unlicensed person to sell commercial policies;
Resolution: Consent signed: License suspended for 30 days; 1 year probation ending 1 year from the end of suspension; Pay $5368.50 fine; Pay $500 Costs; Confirm with policyholders policy meets their needs; pay any additional premiums needed.
Date of Order/Settlement: 2003-10-24 00:00:00 |
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10-23-2003 |
Neighbor Mark A. |
Alburnett IA
Allegation: Selling without proper license
Resolution: Consent signed: License suspended for 30 days; 1 year probation ending one year from end of suspension date; Pay fine $5368.50; Pay costs $500; Confirm with policyholders policy meets the needs; Pay any additional premiums needed.
Date of Order/Settlement: 2003-10-24 00:00:00 |
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10-13-2003 |
Eichelberger Kraig R. |
Dysart IA
Allegation: Advertising violations
Resolution: Consent signed: Obey all Iowa insurance advertising regulations; 2 year probation; pay costs of $250.
Date of Order/Settlement: 2003-10-14 00:00:00 |
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10-07-2003 |
State of Iowa v. Michael J. Tonini and Tonini Funeral Home Inc. |
Consent Order |
Final |
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10-06-2003 |
Dolphin Troy W. |
Des Moines IA
Allegation: Insurance application fraud
Resolution: Consent Signed: Surrender Iowa insurance producer license; refrain from reapplying; refrain from violations of Iowa insurance laws or regulations.
Date of Order/Settlement: 2003-10-07 00:00:00 |
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10-02-2003 |
In the Matter of Tri-Star Invenstment Group LLC |
Order for Entry of Default Judgement; Ceast and Desist Order |
Final |
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09-21-2003 |
Norris Kara |
Lincoln NE
Allegation: Returned check for services
Resolution: Order signed: License suspended indefinitely; Pay for services; Pay $100 Fine
Date of Order/Settlement: 2003-09-22 00:00:00 |
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09-18-2003 |
Lauer Gordon A. |
West Union IA
Allegation: Conviction of a felony
Resolution: Consent signed: License revoked permanently and forevermore
Date of Order/Settlement: 2003-09-19 00:00:00 |
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09-18-2003 |
Winders Timothy P. |
Sioux City IA
Allegation: Improper offer and sale of annuity contract
Resolution: Consent signed: 2 yrs probation; Cease and Desist from further violations; Report all consumer complaints to the Insurance Division within 30 days.
Date of Order/Settlement: 2003-09-19 00:00:00 |
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09-18-2003 |
White Jon A. |
Iowa City IA
Allegation: Failure to cooperate in an investigation by commissioner; Dishonest business practices.
Resolution: Consent Signed: 1 yr. Probation; Follow Iowas statutory and administrative insurance sales requirements; Pay $250 costs.
Date of Order/Settlement: 2003-09-19 00:00:00 |
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09-03-2003 |
IN THE MATTER OF INTERNATIONAL TRADING COMPANY and PACIFIC RIM TRADING LLC. |
Cease and Desist Order |
Final |
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08-28-2003 |
In the Matter of RAM ENERGY INC. and MEISMER #1 LTD. |
Cease and Desist Order |
Final |
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08-28-2003 |
Zaber John T. |
Dubuque IA
Allegation: Omission from insurance application; false statement to an insurer and the Iowa Insurance Division.
Resolution: Consent signed: 2 yr probation; Pay $1000 Fine; $250 Costs
Date of Order/Settlement: 2003-08-29 00:00:00 |
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08-28-2003 |
Dressander Michael S. |
Naperville IL
Allegation: Omission from insurance application; misrepresentation in insurance applications
Resolution: Consent signed: 2 yrs probation; Pay $2000 Fine; $500 Costs; Agrees to sign only those applications he personally solicits
Date of Order/Settlement: 2003-08-29 00:00:00 |
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08-20-2003 |
Sebbert Gary A. |
Muscatine IA
Allegation: Advertising violations
Resolution: Consent: Cease and desist from advertising violations; 2 years probations; pay $750 Fine; $250 Costs
Date of Order/Settlement: 2003-08-21 00:00:00 |
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08-19-2003 |
In the Matter of North American Resources Inc |
Cease and Desist Order |
Final |
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08-18-2003 |
Huebner Daniel W. |
Grinnell IA
Allegation: Dishonest or unethical practices in the securities business.
Resolution: Consent: Revocation of securities agent license; Revocation of insurance producer license and permanently barred from reapplying for insurance producer license in Iowa.
Date of Order/Settlement: 2003-08-19 00:00:00 |
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08-07-2003 |
Straka Catherine A. |
Council Bluffs IA
Allegation: Misappropriation of client funds
Resolution: Consent signed: Insurance license revoked; permanently barred from reapplying for an insurance producer license.
Date of Order/Settlement: 2003-08-08 00:00:00 |
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07-31-2003 |
Kibbee Jason L. |
Kellogg IA
Allegation: Misappropriation of Client Funds; Lack of character and competency
Resolution: Order: License permanently revoked.
Date of Order/Settlement: 2003-08-01 00:00:00 |
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07-31-2003 |
Fritsch DeAnn |
Neola IA
Allegation: Misappropriation
Resolution: Consent signed: Revocation of Iowa Producer License; permanently barred from reapplying for licensure in the Iowa
Date of Order/Settlement: 2003-08-01 00:00:00 |
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07-29-2003 |
Freese Jason C. |
Altoona IA
Allegation: Intentional misrepresentation of proposed insurance contract; using faudulent coercive or dishonest business practices; failure to cooperate.
Resolution: Consent signed: 2 Year supervised probation; May not sell solicit or negotiate contracts during probationary period; submit quarterly reports; subject to reviews; Cooperate with Divisions investigations; pay $1600 Costs
Date of Order/Settlement: 2003-07-30 00:00:00 |
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07-22-2003 |
Johnson Daniel H. |
Chariton IA
Allegation: Violation of Commissioners Order; Dishonest Practices and Incompetence
Resolution: Order: Insurance producer license suspended indefinitely; Suspension not lifted until the obligations are current or otherwise resolved.
Date of Order/Settlement: 2003-07-23 00:00:00 |
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07-20-2003 |
Bacon Jerry A. |
Fort Dodge IA
Allegation: Improper sales of insurance products
Resolution: Consent signed: Cease and desist from further violations; 2 years probation; report consumer complaints; pay cost of $5000.
Date of Order/Settlement: 2003-07-21 00:00:00 |
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07-15-2003 |
Schatz Kenneth C. |
Sioux City IA
Allegation: Violation of previous order
Resolution: Consent:License revoked
Date of Order/Settlement: 2003-07-16 00:00:00 |
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07-10-2003 |
In the Matter of Ocean International Marketing Ltd; Seed International Ltd |
Cease and Desist Order |
Final |
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07-02-2003 |
Roche Michael J. |
Madison WI
Allegation: License application disclosures
Resolution: Consent signed: Pay $500 fine
Date of Order/Settlement: 2003-07-03 00:00:00 |
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07-02-2003 |
NCMIC Insurance Company |
Des Moines IA
Allegation: Failure to file notice of dividends
Resolution: Consent signed: List dividends from 1/1/00 to present; Report list of dividends to shareholders within timeframe parameters of declaration; Pay $1500 Fine; $500 Costs
Date of Order/Settlement: 2003-07-03 00:00:00 |
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07-01-2003 |
Union Security Life Insurance Company |
Atlanta GA
Allegation: Failure to cooperate with Commissioners investigation
Resolution: Consent signed: Provide requested information; Pay $500 Fine; Pay $100 Costs
Date of Order/Settlement: 2003-07-01 00:00:00 |
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06-29-2003 |
In the matter of the application of NATIONAL TRAVELERS LIFE MUTUAL HOLDING COMPANY for approval of a plan to acquire control of EMPLOYERS MODERN LIFE COMPANY and to merge NATIONAL TRAVELERS LIFE COMPANY with and into EMPLOYERS MODERN LIFE COMPANY |
Findings of Fact Conclusions of Law and Order |
Final |
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06-29-2003 |
In the matter of the application of KANSAS CITY LIFE INSURANCE COMPANY for approval of a plan to acquire control of GUIDEONE LIFE INSURANCE COMPANY |
Findings of Fact Conclusions of Law and Order |
Final |