insurance fraud

The Takeaway: Insurance Agent Jailed for Selling Annuity to 83-Year-Old With Dementia

Posted on 03/19/2012 by |Brooklyn, NY | Comments

Bulletin TodayIn California, independent insurance agent Glenn Neasham was sentenced to 90 days in jail for selling a complicated annuity plan to an 83-year-old woman who shows signs of dementia. It’s a case that has elder abuse advocates cheering, but which sends “shivers down the spines” of American insurance agents.

News To Know: Up In Smoke

Posted on 10/13/2008 by |Archived Contributor | Comments

Money & SavingsA rise in insurance fraud has accompanied the economic slide in recent months.