Florida Department of Financial Services

The Verus Financial Story

By Michael K. Stanley | March 29, 2013

Since 2007, Verus Financial has dramatically altered the climate of the life insurance industry with its unclaimed property probes. This is the story of the firm's top leaders and the motivation behind what they do.

Unlicensed agent defrauds Florida seniors

By Harry Lew | December 28, 2012

The scam involved a STOLI transaction that netted nearly $490,000 in life insurance premiums.

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.

MetLife's Landmark Unclaimed Property Settlement Could Approach $700 Million

By Elizabeth Festa | April 23, 2012

Payouts to consumers would come over a long, multi-year process, although MetLife expects $188 million to be paid out in 2012 for industry policyholders.

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?