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By Paul Wilson |
February 28, 2013
The agent at the center of a controversial lawsuit involving the sale of an annuity to a senior speaks about what he is doing now.
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By Arthur D. Postal |
February 1, 2013
The suit could represent a new escalation of the unclaimed property practices of insurers.
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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.
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By Warren S. Hersch |
May 2, 2012
Four years ago, Glenn Neasham met with Fran Schuber and her long-time companion to close the sale of a fixed indexed annuity that would assure the 83-year-old senior of a guaranteed income for the remainder of her retirement years. Except for Schuber’s designation of the annuity’s contingent beneficiary, Neasham viewed...
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By Elizabeth Festa |
April 30, 2012
CO-OP legislation, health insurance provider termination disclosure enhancement and increased funds for local DA offices for prosecution of fraud are moving through the state legislature now.
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By Bill Coffin |
April 25, 2012
Glenn Neasham didn’t get convicted on solid evidence. He got convicted on the preconceived suspicions of the public. And until the industry addresses that, then the Neasham case can and will replicate itself elsewhere.
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By Warren S. Hersch |
April 23, 2012
The conviction of California insurance agent Glenn Neasham of felony theft after selling an annuity to an 83-year-old senior suffering from dementia could herald greater due diligence for producers.
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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?