Authority of Commissioner
- grounds for action.
1.Providing incorrect, misleading, incomplete or partially untrue information in his or her application for a license.
2.Violating a law regulating insurance, or violating a regulation, order or subpoena of the Commissioner or an equivalent officer of another state.
3.Obtaining or attempting to obtain a license through misrepresentation or fraud.
4.Misappropriating, converting or improperly withholding money or property received in the course of the business of insurance.
5.Intentionally misrepresenting the terms of an actual or proposed contract of or application for insurance.
6.Conviction of a felony or a crime which involves theft, fraud, dishonesty or moral turpitude.
7.Admitting or being found to have committed an unfair trade practice or fraud.
8.Using fraudulent, coercive or dishonest practices, or demonstrated incompetence, untrustworthiness or financial irresponsibility in the conduct of business, or otherwise, in this State or elsewhere.
9.Denial, suspension or revocation of a license as a producer of insurance, or its equivalent, in any other state, territory or province.
10.Forging another’s name to an application for insurance or any other document relating to the transaction of insurance.
11.Improperly using notes or other reference material to complete an examination for a license related to insurance.
12.Knowingly accepting business related to insurance from an unlicensed person.
13.Failing to comply with an administrative or judicial order imposing an obligation of child support.
14.Failing to pay a tax as required by law.
Section 683A.451 — Authority of Commissioner; grounds for action.,