Madison, WI—OCI has taken the following administrative actions. In many of these cases the respondent denied the allegations but consented to the action taken. Any forfeitures paid in these administrative actions are deposited in the Common School Fund which is administered by the Board of Commissioners of Public Lands. The earnings from this fund are distributed to all public K-12 schools in Wisconsin and are used by school libraries to purchase books. Copies of the administrative action orders may be viewed online at
https://ociaccess.oci.wi.gov/OrderInfo/OrdInfo.oci.
OCI is responsible for overseeing the operations and marketing of insurance companies and agents in Wisconsin. OCI encourages anyone with a question or a complaint regarding an insurance company or agent to contact the office at this toll-free telephone number: 1-800-236-8517.
Allegations and Actions Against Agents
Paul A. Akre, N24 W30990 Fairway Ct., Pewaukee, WI 53072, was ordered to pay a forfeiture of $500.00 and was ordered to timely and fully disclose all reportable matters to OCI. These actions were taken based on allegations of failing to report to OCI an administrative action taken by FINRA.
Theodore Balthazor, 2 N. Systems Dr., Appleton, WI 54914, agreed to pay a forfeiture of $2,886.33, agreed to pay consumer restitution of $4,862.03, and agreed to comply with annuity suitability and replacement laws and guidelines. These actions were taken based on allegations of violating Wisconsin annuity marketing and sales laws.
Carmen A. Brown, 8847 N. Swan Rd., Apt. J., Milwaukee, WI 53224, had her application for an insurance license denied. This action was taken based on allegations of owing delinquent child support.
Herbert J. Clack, 8119 Datapoint Dr., Ste. 400, San Antonio, TX 78229, had his application for an insurance license denied for 31 days. This action was taken based on allegations of failing to disclose an administrative action taken by the state of Wisconsin on a licensing application.
Brian E. Davis, 1634 Sun Crest Dr., Harlingen, TX 78552, had his application for an insurance license denied for 31 days. This action was taken based on allegations of failing to disclose an administrative action taken by the state of Wisconsin on a licensing application.
Nathaniel E. Edie, 19841 Gertrude St., Gretna, NE 68028, was ordered to pay a forfeiture of $500.00 and was ordered to timely and fully disclose all reportable matters to OCI. These actions were taken based on allegations of failing to report to OCI an administrative action taken by FINRA.
Shervin Eftekhari-Asl, 1808 Sweetbriar Ave., Nashville, TN 37212, had his application for an insurance license denied for 31 days. This action was taken based on allegations of failing to disclose administrative actions taken by the states of Minnesota and North Carolina on a licensing application.
Stephen C. Fells, 3519 N. 14th St., Milwaukee, WI 53201, had his application for an insurance license denied for 60 days. This action was taken based on allegations of failing to disclose a criminal conviction on a licensing application.
Justin Gehrke, 4606 Bonner Ln., Madison, WI 53704, had his application for an insurance license denied for 31 days. This action was taken based on allegations of failing to disclose a criminal conviction on a licensing application.
Mark A. Guard, 1063 Manitowoc Rd., Menasha, WI 54952, had his application for an insurance license denied for 31 days. This action was taken based on allegations of failing to disclose a criminal conviction on a licensing application.
Gregory P. Handel, P.O. Box 351, New Richmond, WI 54017, had his application for an insurance license denied. This action was taken based on allegations of failing to pay an application fee; failing to disclose an administrative action taken by the state of Wisconsin on a licensing application; having a Department of Financial Institutions' action involving allegations of misrepresentation, misappropriation of funds and breach of fiduciary duty to an insurance client; providing false information on a licensing application; and exhibiting evidence of financial irresponsibility in the conduct of business.
Donald A. Haworth, 871 Klondike Ave., Hillsboro, WI 54634, was ordered to pay a forfeiture of $1,000.00 and was ordered to timely and fully disclose all reportable matters to OCI. These actions were taken based on allegations of failing to report to OCI an administrative action taken by the state of Oregon and for failing to disclose the action on a renewal licensing application.
Arlo A. Herron, 4442 N. 66th St., Milwaukee, WI 53218, had his application for an insurance license denied for 60 days. This action was taken based on allegations of failing to disclose criminal convictions on a licensing application.
Michael A. Jump, 574 Carolyn Ln., P.O. Box 382, Somonauk, IL 60552, was ordered to pay a forfeiture of $500.00 and was ordered to timely and fully disclose all reportable matters to OCI. These actions were taken based on allegations of failing to report to OCI an administrative action taken by FINRA.
Steven P. Kaufmann, 1219 Center St., Peru, IL 61354, had his application for an insurance license denied. This action was taken based on allegations of failing to disclose an administrative action taken by the state of Illinois on a licensing application, having an administrative action related to misappropriation of consumer funds, and failing to respond promptly to inquiries from OCI.
Mary Ann Koch, 2000 U.S. Business Hwy. 287, Ennis, TX 75119, had her application for an insurance license denied for 31 days. This action was taken based on allegations of failing to disclose an administrative action taken by the state of Wisconsin on a licensing application.
Elizabeth M. Larson, 5980 Wild Acres Rd., Pequot Lakes, MN 56472, was ordered to pay a forfeiture of $1,000.00 and was ordered to timely and fully disclose all reportable matters to OCI. These actions were taken based on allegations of failing to disclose an administrative action taken by the state of Minnesota on a licensing application.
Keith E. Lomen, 4274 Fisher Ln., White Bear Lake, MN 55110, had his application for an insurance license denied. This action was taken based on allegations of failing to timely report an administrative action to OCI; failing to disclose an employment termination for cause and an administrative action taken by the state of North Dakota on a licensing application; and failing to respond promptly to inquiries from insurance regulators.
Joseph M. Milbauer, 49 Spring Floral Dr., New Providence, NJ 07974, was ordered to pay a forfeiture of $1,000.00 and was ordered to timely and fully disclose all reportable matters to OCI. These actions were taken based on allegations of failing to report to OCI administrative actions taken by the states of North Dakota and Louisiana.
Bredell Mitchell, 1624 Fordem Ave., Apt. 107, Madison, WI 53704, had his application for an insurance license denied. This action was taken based on allegations of failing to disclose criminal charges and convictions on a licensing application, owing delinquent child support, having a criminal conviction that may be substantially related to insurance marketing type conduct, having unpaid civil money judgments, and being involved in a lawsuit involving allegations of fraud.
Brian R. Molstad, 808 Heggen St., Apt. 1421, Hudson, WI 54016, had his application for an insurance license denied. This action was taken based on allegations of failing to complete a licensing application; providing false information on a licensing application; having criminal convictions that may be substantially related to insurance marketing type conduct; being involved in a lawsuit or arbitration involving allegations of fraud, misrepresentation, misappropriation or breach of fiduciary duty; failing to complete a Federal 1033 waiver application; having medical licenses revoked; and failing to respond promptly to inquiries from OCI.
Robert L. Parsons, Jr., 6172 Chili Riga Center Rd., Churchville, NY 14428, was ordered to pay a forfeiture of $1,500.00 and was ordered to timely and fully disclose all reportable matters to OCI. These actions were taken based on allegations of providing false information on a licensing application and failing to timely disclose criminal convictions to OCI.
Darin J. Schubring, 705 Cricket Ln., Unit 5, Middleton, WI 53562, was ordered to pay a forfeiture of $500.00 and was ordered to timely and fully disclose all reportable matters to OCI. These actions were taken based on allegations of failing to report to OCI an administrative action taken by FINRA.
Danyel R. Smith, 1929 Victory St., Apt. 17, La Crosse, WI 54601, was ordered to pay a forfeiture of $1,500.00 and was ordered to timely and fully disclose all reportable matters to OCI. These actions were taken based on allegations of failing to report to OCI administrative actions taken by the states of North Dakota and Indiana and failing to disclose those actions on a licensing application.
Karla I. Wheelock, 425 Bay Hill Dr., Madison, WI 53717, agreed to pay a forfeiture of $1,000.00, agreed to the suspension of her insurance license for 90 days, and agreed to the automatic revocation of her insurance license upon the occurrence of subsequent violations. These actions were taken based on allegations of misappropriating insurance premiums.
Julie Ann Wolfe, N10822 Red Pine Rd., Tomahawk, WI 54487, had her application for an insurance license denied for 31 days. This action was taken based on allegations of failing to disclose a criminal conviction on a licensing application.
Neil G. Wynveen, 2535 Northern Rd., Ste. B, Appleton, WI 54914, agreed to pay a forfeiture of $2,886.33, agreed to pay consumer restitution of $4,862.03, and agreed to comply with annuity suitability and replacement laws and guidelines. These actions were taken based on allegations of violating Wisconsin annuity marketing and sales laws.
Allegations and Actions Against Companies
Rampart Insurance Company, 1880 JFK Blvd., Ste. 801, Philadelphia, PA 19103, was ordered to pay a forfeiture of $2,500.00. This action was taken based on allegations of failing to timely file a financial statement.
Copies of Administrative Actions