Iowa

  • 1999 / 2003 - LC - VOS v Farm Bureau and FBL
    • 1999 - District Court
    • 2003 - Iowa Supreme Court - [Google-Scholar-link]
    • Vanishing Premium, Reasonable Expectations, Class Action Denied
  • Dan Andersen
    • director of the Life and Health Insurance Division, chief actuary of the Iowa Insurance Department and chairman of the Cost Disclosure Task Force of the NAIC
      • 1975 1203 and 1204 - GOV (Senate) - Veterans Insurance Information Disclosure, Richard Stone (D-FL)  ---  [BonkNote]  ---  [PDF-989p-GooglePlay
  • Herbert H. Anderson
    • Iowa Insurance Commissioner
      • Chairman of the National Association of Insurance Commissioners' Task Force on Life Insurance Cost Comparison
      • 1977 0628 and 0630 - GOV (Senate) - Disclosure of Insurance Policy Information to Veterans, Richard Stone (D-FL) - [PDF-415p-GooglePlay]
  • Bruce Foudree
  • William H. Huff III
    • 1971-1976 - Iowa Insurance Commissioner
      • 1975 1203 and 1204 - GOV (Senate) - Veterans Insurance Information Disclosure, Richard Stone (D-FL)  ---  [BonkNote]
  • William (Bill) D. Hager
    • 1986 -1990 - Iowa Insurance Commissioner, 7/1/1986 to 6/1/1990
  • David Lyons
    • 1990-1994 - Iowa Insurance Commissioner, 6/1/1990 to 7/1/1994
      • 1993 0525 - GOV (Senate) - When Will Policyholders Be Given The Truth About Life Insurance?, Howard Metzenbaum (D-OH)  ---  [BonkNote]
      • Chairman of the Disclosure Task Force of the NAIC
  • Doug Ommen
  • Therese ‘Terri’ M. Vaughan
    • 1994-2004 - Iowa Insurance Commissioner, 8/1/1994 to 12/31/2004
    • 2009-2012 - NAIC CEO 
    • AIG Board
  • Mike Yanacheak
    • Chief Actuary - Iowa
    • Life Insurance and Annuities (A) Committee
    • Life Insurance Illustration Issues (A) Working Group
    • IUL Illustration (A) Subgroup of the Life Actuarial (A) Task Force
  • Cindy Axne - (D-IA)
    • US House
  • Bruce Braley - (D-IA)
    • 2007-2015 - US House
  • Chuck Grassley - (R-IA)
    • 1980-Current (as of 2023) - US Senate 
      • 1993 0525 -  GOV (Senate) - When Will Policyholders Be Given The Truth About Life Insurance?, Senator Howard Metzenbaum (D-OH)  ---  [BonkNote]
  • Harold E. Hughes - (D-IA)
    • 1963-1969 - Governor of Iowa 
    • 1969-1975 - US Senate 
  • Jim Leach - (R-IA)
    • 1977-2007 - US House
      1995-2001 - House Financial Services Committee, Chair
  • Chantelle Smith
    • 2000-2023 - Iowa Assistant Attorney General 
    • 2019 1021 - InsuranceJournal -  Financial, Legal Advisors Scamming Elderly Has Become Big Business, By Nick Leibe - [link]
      • Chantelle Smith, the Iowa assistant attorney general, started pursuing financial advisers, securities brokers and insurance agents for exploiting older people about two decades ago. She said that elder financial abuse is more than a legal issue. It’s societal.
    • 2022 1230 - Iowa Capital Dispatch - New state attorney general seeks 19 resignations among staff, by Jared Strong - [link]
      • “It has been my great honor serving the people of the state of Iowa — particularly the most vulnerable amongst us including older Iowans, veterans, and other at-risk individuals — and am disappointed that I was asked to resign,” wrote Chantelle Smith, an assistant attorney general whose focus is elder abuse and who has been employed by the office since about 2000, according to state records.

IOWA—Appointed, at the Pleasure of the Governor; 4-Year Term

Commissioner of Insurance Doug Ommen 1/1/2017 incumbent
Interim Commissioner of Insurance Doug Ommen 12/23/2016 1/1/2017 0 1
Commissioner of Insurance Nick Gerhart 2/1/2013 12/23/2016 3 10
Commissioner of Insurance Susan E. Voss 1/1/2005 1/31/2013 8 0
Commissioner of Insurance Therese ‘Terri’ M. Vaughan 8/1/1994 12/31/2004 10 4
Commissioner of Insurance David J. Lyons 11/1/1990 7/1/1994 3 8
Acting Commissioner of Insurance David J. Lyons 6/1/1990 11/1/1990 0 5
Commissioner of Insurance William D. Hager 7/1/1986 6/1/1990 3 11
Commissioner of Insurance Fred M. Haskins 5/19/1986 6/30/1986 0 1
Commissioner of Insurance Bruce W. Foudree 2/11/1980 5/19/1986 6 3
Acting Commissioner of Insurance Richard S. Baldwin 10/8/1979 2/11/1980 0 4
Commissioner of Insurance Herbert W. Anderson 6/17/1976 10/8/1979 3 4
Commissioner of Insurance William H. Huff III 7/1/1971 6/17/1976 4 11

  • 1975 1203 and 1204 - GOV (Senate) - Veterans Insurance Information Disclosure, Senator Richard Stone (D-FL)  ---  [BonkNote]
    • (p36) - William H. Huff III (Iowa) - President of NAIC, Statement 
    • (p44) - NAIC - Mr. William H. HUFF III:  If the Society of Actuaries' research is accurate, and I assume that it is, the additional disclosures really didn't make much difference in the ranking of how these various ranked in cost I would have a feeling, and I've been in this for about years, and we've been very active in the complaint area, too, you have two problems with a complicated formula.
      1. If you turn them off, they're not going to buy anything. They aren't going to understand it....
      2. ....the other problem, the agent out In the field, and unless he's carrying a book around with him, I'm not sure that he could explain what all of this is either.
    • Senator STONE:  In other words, your impression on a practical level is that the likelihood of the veteran or the consumer, in this it would be the veteran, would not necessarily be enhanced by the more complicated approach but very well be and would be enhanced as to relevance and as to relative cost by the NAIC model approach ?
    • Mr. HUFF:  We would hope so. I'm also the "blue sky" administrator in Iowa, and we know pretty much that if we don't get everything that should be disclosed In the first four pages it's not going to be read, and things that we really want disclosed we put on the front page and put it in big type.
    • Senator Stone: In other words, you're saving if it's in the fine print it's the same thing as not ever being disclosed?
    • Mr. Huff:  That's right.
    • Senator Stone: If It's too much fine print nobody reads it.
  • --  Dan Andersen, director of the Life and Health Insurance Division and chief actuary of the Iowa Insurance Department and chairman of the Cost Disclosure Task Force of the NAIC
    • (p43) - ....so we developed a buyer's guide concept where we want to explain how you use the index.
    • Well, if you explain how to use the index, you ought to explain what the policy is and what choices a buyer has, and we became convinced that the worst decisions that were made weren't necessary because the buyer bought a high cost policy but that he bought an inappropriate policy for his needs and for his budget.

1975 1203 and 1204 - GOV (Senate) - Veterans Insurance Information Disclosure, Senator Stone (D-FL) - [PDF-989p-GooglePlay]