|
| American Family Mutual Insurance Company |
| Madison, Wisconsin |
| Violation: Used unauthorized methods to determine the health status of applicants. |
| Penalty: $10,000 fine |
| Date of Order: 07/14/2003 |
Final
|
|
|
| American Memorial Life Insurance Company |
| Rapid City, South Dakota |
| Violation: Terminated agents without sufficient notice. Failed to respond to an inquiry from the DCBS director. |
| Penalty: $4,700 fine |
| Date of Order: 12/17/2003 |
Final
|
|
|
| AmeriFirst Foundation, Inc. |
| Mesa, Arizona |
| Violation: Issued charitable gift annuities in Oregon without a license. |
| Penalty: Ordered to cease and desist from issuing charitable gift annuities in Oregon without a license. |
| Date of Order: 06/10/2003 |
Cease & Desist
|
|
|
| Assemblies of God Foundation |
| Springfield, Missouri |
| Violation: Issued charitable gift annuities in Oregon without a license. |
| Penalty: $1,000 fine |
| Date of Order: 09/26/2003 |
Final
|
|
|
| Beneficial Life Insurance Company |
| Salt Lake City, Utah |
| Violation: Terminated agents without sufficient notice. |
| Penalty: $3,400 fine |
| Date of Order: 11/25/2003 |
Final
|
|
|
| Chapman University |
| Orange, California |
| Violation: Issued charitable gift annuities in Oregon without a license. |
| Penalty: $1,000 fine |
| Date of Order: 08/12/2003 |
Final
|
|
|
| Conseco Life Insurance Company |
| Carmel, Indiana |
| Violation: Terminated agents without sufficient notice. |
| Penalty: $8,300 fine |
| Date of Order: 10/27/2003 |
Final
|
|
|
| Cooperative for Assistance and Relief Everywhere, Inc. |
| Atlanta, Georgia |
| Violation: Issued charitable gift annuities in Oregon without a license. |
| Penalty: $1,000 fine |
| Date of Order: 12/23/2003 |
Final
|
|
|
| Earthjustice |
| Oakland, California |
| Violation: Issued charitable gift annuities in Oregon without a license. |
| Penalty: $900 fine |
| Date of Order: 07/25/2003 |
Final
|
|
|
| First Actual American Insurance Company |
| Canby, Oregon |
| Violation: Transacted insurance in Oregon as an unauthorized insurer. |
| Penalty: Ordered to cease and desist from violating the Oregon Insurance Code |
| Date of Order: 03/18/2003 |
Cease & Desist
|
|
|
| Fortis Insurance Company |
| Milwaukee, Wisconsin |
| Violation: Used unauthorized methods to determine the health status of applicants. |
| Penalty: $20,000 fine |
| Date of Order: 11/25/2003 |
Final
|
|
|
| Great Western Insurance Company |
| Odgen, Utah |
| Violation: Terminated agents without sufficient notice. |
| Penalty: $1,300 fine |
| Date of Order: 09/17/2003 |
Final
|
|
|
| Minnesota Life Insurance Company |
| St. Paul Minnesota |
| Violation: Terminated agents without sufficient notice. |
| Penalty: $2,500 fine |
| Date of Order: 07/03/2003 |
Final
|
|
|
| Monumental Life Insurance Company |
| Baltimore, Maryland |
| Violation: A multi-state market conduct examination confirmed that some companies or blocks of business acquired by Monumental Life had used race to price life insurance policies. |
| Penalty: Monumental Life agreed to comply with terms and conditions of the regulatory settlement agreement. |
| Date of Order: 08/11/2003 |
Final
|
| Consent Order
|
|
|
|
|
| Mutual Protective Insurance Company |
| Omaha, Nebraska |
| Violation: Terminated agents without sufficient notice. |
| Penalty: $1,500 fine |
| Date of Order: 07/16/2003 |
Final
|
|
|
| National Health Insurance Company |
| Dallas, Texas |
| Violation: Terminated agents without sufficient notice. |
| Penalty: $3,800 fine |
| Date of Order: 10/27/2003 |
Final
|
|
|
| Ocean Conservancy, Inc. (The) |
| Washington, D.C. |
| Violation: Issued charitable gift annuities in Oregon wihtout a license. |
| Penalty: $1,000 fine |
| Date of Order: 10/16/2003 |
Final
|
|
|
| ODS Health Plan, Inc. |
| Portland, Oregon |
| Violation: Failed to comply with recommendations from market conduct examinations. |
| Penalty: $17,500 fine. An additional $20,000 fine will be imposed if a follow-up examination shows ODS hasn't complied with recommendations from earlier exams. |
| Date of Order: 10/24/2003 |
Final
|
| Exhibit A
|
| Letter to Company
|
| Market Conduct Examination
|
|
|
|
|
| OTR Truckers Association, Inc., OTR Truckers Health and Welfare Fund, M & M Underwriting, Inc. |
| Cumming, Georgia |
| Violation: Transacted insurance in Oregon without a license. |
| Penalty: Ordered to cease and desist from transacting insurance in Oregon without a license. |
| Date of Order: 06/10/2003 |
Cease & Desist
|
|
|
| Samaritan's Purse |
| Boone, North Carolina |
| Violation: Issued charitable gift annuities in Oregon without a license. |
| Penalty: $70 fine |
| Date of Order: 08/01/2003 |
Final
|
|
|
| Southland Life Insurance Company |
| Atlanta, Georgia |
| Violation: A four-state collaborative targeted market conduct exam of Southland's individual ordinary life insurance business found alleged deficiencies in the following areas: noncompliance with life illustration and life replacement laws, untimely response to claim correspondence, and inadequate documentation of death claim files. Southland did not admit or deny any of the deficiencies. |
| Penalty: Southland agreed to revise its policies, procedures, and controls to ensure compliance with laws of the four states. |
| Date of Order: 10/01/2003 |
Final
|
| Interstate Market Conduct Exam
|
| Ohio Consent Order
|
|
|
| Terra Nova Insurance Company, Ltd. |
| London, England |
| Violation: Transacted insurance in Oregon without a certificate of authority. |
| Penalty: $5,000 fine. Terra Nova also will pay surplus lines taxes of $304.18. |
| Date of Order: 10/08/2003 |
Final
|
|
|
| Transamerica Life Insurance Company |
| Cedar Rapids, Iowa |
| Violation: Terminated agents without sufficient notice. |
| Penalty: $4,500 fine |
| Date of Order: 12/18/2003 |
Final
|
|
|
| United Employers Voluntary Employees Benefit Association |
| Little Rock, Arkansas |
| Violation: Transacted insurance in Oregon without a license. |
| Penalty: Ordered to cease and desist from transacting insurance in Oregon without a license. |
| Date of Order: 11/18/2003 |
Cease & Desist
|
|
|
| United Home Life Insurance Company |
| Indianapolis, Indiana |
| Violation: Made a false or misleading policy form filing to the DCBS director. |
| Penalty: $2,000 fine |
| Date of Order: 11/14/2003 |
Final
|
|
|
| Voice of Prophecy |
| Simi Valley, California |
| Violation: Issued charitable gift annuities in Oregon without a license. |
| Penalty: $1,000 fine |
| Date of Order: 07/24/2003 |
Final
|
|
|
| Wycliffe Bible Translators, Inc. |
| Orlando, Florida |
| Violation: Issued charitable gift annuities in Oregon without a license. |
| Penalty: $1,000 fine |
| Date of Order: 12/26/2003 |
Final
|
|
|
| XL Reinsurance America, Inc. |
| Stamford, Connecticut |
| Violation: Failed to increase its special workers' compensation deposit by the due date. |
| Penalty: $1,000 fine |
| Date of Order: 07/30/2003 |
Final
|
|
