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Regulatory Actions for January 2001

Legal Action - Agents, Agencies and Brokers

• Joseph O. Aydt, St. Charles, MO, stipulated agreement/order for failure to record all security instruments within three business days of closing.
• Bret Boeger, Lake Lotawana, MO, $200 forfeiture for misstatement on application and failure to make required disclosure on license application.
• Lowell B. Denny II, St. Louis, MO, license revoked for illegally withholding money from an insurance company, practicing deception, violating state insurance law and lack of trustworthiness or competence.
Linda A. Lovett, St. Charles, MO, $100 forfeiture for late or incomplete response.
• James E. Lynch, St. Peters, MO, license revoked for misappropriation and illegally withholding money belonging to an insurance company, an insurer or prospective insurance buyer; practiced or aided or aided or abetted in the practice of fraud, forgery, deception or collusion and demonstrated lack of trustworthiness or competence.
• Donald S. McCandless, Jr., Kansas City, MO, license revoked for misappropriation and illegally withholding money belonging to an insurance company, an insurer or prospective insurance buyer and demonstrated lack of trustworthiness or competence.
• Edward Ray, Springfield, MO, license revoked for misappropriation and illegally withholding money belonging to an insurance company, an insurer or prospective insurance buyer and demonstrated lack of trustworthiness or competence.
• Thomas W. Schlenk, Florissant, MO, license revoked for failure to respond.
• Alexander J. Scholp, Dayton, OH, license denied for failure to respond, demonstrated lack of fitness or trustworthiness and misstatement on application.
• Walter Sohl, Leslie, MO, license revoked license revoked for misappropriation and illegally withholding money belonging to an insurance company, an insurer or prospective insurance buyerand demonstrated lack of trustworthiness or competence.
• Heritage Title Co., St. Charles, MO, stipulated agreement/order for failure to record all security instruments within three business days of closing.

The following companies forfeited $100 each for failure to respond:

• Allstate Insurance Co., Engelwood, CO.
• American Family Mutual Insurance Co., Madison, WI.
• American General Life & Accident Insurance Co., Nashville, TN.
• CGU Hawkeye Security, Chesterfield, MO.
• CSA Fraternal Life, Oak Brook, IL.
• Continental General Insurance Co., Omaha, NE.
• The EPOCH Group LC, Overland Park, KS.
• First Financial Insurance Co., Springfield, IL.
• Great West Life & Annuity Insurance Co., Engelwood, CO.
• Group Health Plan, Inc., Earth City, MO.
• Hartford Underwriters Insurance Co., Hartford, CT.
• Heritage Insurance Managers, San Antonio, TX.
• Lititz Mutual Insurance Co., Letitz, PA.
• Merastar Insurance Co., Chattanooga, TN.
• Metlife, New York, NY - three violations.
• Pennsylvania Life Insurance, Orlando, FL.
• St. Paul Guardian Insurance Co., St. Paul, MN.
• United Healthcare of the Midwest, Inc., Maryland Heights, MO.
• United Healthcare Insurance Co., Edina, MN - two violations.
• Universal Underwriters Group, Overland Park, KS.

Financial Exams

• Health Partners of the Midwest, Clayton, MO.

Company Changes

• American Family Home Insurance Co., Cincinnati, OH, added accident and health and miscellaneous authority.
• AmeriHealth Mercy Health Plan, Philadelphia, PA was admitted as a TPA.
• AXA Global Risks US Insurance Co., New York, NY, changed its name to AXA Global Risks US Insurance Co.
• Blue Cross and Blue Shield of Missouri, St. Louis, MO, surrendered its certificate of authority. (Operations are now merged with RightChoice Managed Care Inc.)
• Casualty Indemnity Exchange, Jefferson City, MO, changed its name to Camelot Insurance Underwriters.
• Chartwell Reinsurance Co., Stamford, CT, changed its name to Chartwell Insurance Co. and redomesticated from Michigan to Connecticut.
• Cova Financial Services Life Insurance Co., Oakbrook Terrace, IL, changed its name to MetLife Investors Insurance Co.
• Eagle National Assurance Corp., Cameron, MO, changed its name to Cameron National Insurance Co.
• Fulcrum Insurance Co., Scottsdale, AZ, merged with Fulcrum Insurance Co. of Arizona and was approved as a surplus lines company.
• Genelco Inc., St. Louis, MO, withdrew as a TPA.
• General Security Property and Casualty Co., New York, NY, was admitted with property, liability, fidelity and surety, accident and health and miscellaneous authority.
• Independence Indemnity Insurance Co., Topeka, KS, withdrew as a surplus lines company.
• Inner Harbor Reinsurance, Inc., Baltimore, MD, withdrew as an approved reinsurer.
• Lincoln Mutual Life Insurance Co., Lincoln, NE, changed its name to Lincoln Direct Life Insurance Co.
• Medical Assurance of Missouri, Inc., Birmingham, AL, redomesticated from Missouri to Alabama.
• North Rock Insurance Co. Limited, Hamilton, Bermuda, withdrew from the approved NAIC Listing.
• Phoenix American Life, Enfield, CT, changed it name to GE Group Life Assurance Co.
• Professional Liability Insurance Co., Nashville, TN, surrendered its certificate of authority.
• St. Paul Risk Services, Inc., St. Paul, MN, changed its name to Octagon Risk Services, Inc.
• Sun America National Life Insurance Co., New York, NY, changed its name to SBL USA Financial Services Life Insurance Co.
• The College Insurance Co. of America, Dallas, TX, changed its name to Americo Financial Life and Annuity Insurance Co.
• Universal of Omaha Casualty Insurance Co., Boise, ID, changed its name to General Fire & Casualty Co. and redomesticated from Nebraska to Idaho.
• Virginia Insurance Reciprocal, Glen Allen, VA, changed its name to Reciprocal of America.