SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
November 26, 2002
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Regan Holding Corp.
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(Exact name of registrant as specified in its charter)
California 0-4366 68-0211359
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2090 Marina Avenue, Petaluma, California 94954
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(Address of principal executive offices, with ZIP code)
707-778-8638
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(Registrant's telephone number, including area code)
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
a) Financial statements of the business acquired
Not applicable
b) Pro forma financial information
Not applicable
c) Exhibits
None
Item 9. Regulation FD Disclosure
On November 26, 2002, Regan Holding Corp. (the "Company") announced a
strategic plan to consolidate the life insurance and annuity product portfolio
marketing business of its primary operating subsidiary, Legacy Marketing Group
("LMG"). The product consolidation is being done so that LMG can focus its
resources more efficiently.
LMG will discontinue marketing life insurance products issued by
American National Insurance Company ("ANICO") effective January 31, 2003. LMG
will continue to administer ANICO life insurance products and to accept renewal
premium. Certain LMG employees currently supporting the life insurance product
operations will be terminated or reassigned to other positions in the Company.
In addition, LMG will discontinue the marketing of several annuity
products issued by Transamerica Life Insurance and Annuity Company
("Transamerica") effective March 1, 2003. These products have similar
characteristics to other annuity products that LMG will continue to market and
we expect this consolidation to result in marketing efficiencies. LMG will
continue to administer these annuity products and to accept renewal premium for
these products. The impact on revenue, if any, is unknown since it is contingent
upon the distribution's acceptance of alternative products available after the
consolidation.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
REGAN HOLDING CORP.
Date: November 27, 2002 By: /s/ G. Steven Taylor
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G. Steven Taylor
Chief Financial Officer