California Insurance Department

  • California Health Insurers Reduce Rate Increases to Tune of $48 Million

    By Elizabeth Festa  |  July 9, 2012

    Small group health rates lowered. A savings benefit to small employers.

  • Who will be the next Glenn Neasham?

    By Elizabeth Festa  |  May 2, 2012

    Lake County, California, is said to be known for a few things besides having the state’s largest freshwater contained lake—pear production, bird watching, wineries, recent meth lab busts and Glenn Neasham, the convicted insurance agent who thought, he claims, he was selling a good product to a competent senior.

  • The Right Fit

    By Michael Stanley  |  May 2, 2012

    The saga of Glenn Neasham has elicited passionate responses on both sides of the aisle. A word that gets thrown around when discussing his sale of the MasterDex 10 Annuity from Allianz (MasterDex) to a then 83-year-old, dementia-stricken Fran Schuber is “fair”. You are either of the belief that what...

  • The Right Fit

    By Michael K. Stanley  |  April 25, 2012

    Was the annuity Glenn Neasham sold the right one for his client, the right one for himself, neither or both?

  • Who Will Be the Next Glenn Neasham?

    By Elizabeth D. Festa  |  April 20, 2012

    When Glenn Neasham was convicted on felony theft charges and sentenced to jail for selling an annuity to an 83-year-old woman with dementia, it sent shockwaves through the agent community. But a bigger issue looms: Will Neasham's case repeat itself elsewhere?

  • California Settles with Insurers on Iran Issue

    By Arthur D. Postal  |  January 30, 2012

    The California Insurance Department has dropped its efforts to force insurers to end their investments in Iran.

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