8-K

                                  UNITED STATES
                       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): March 18, 2005


                               REGAN HOLDING CORP.
             (Exact name of registrant as specified in its charter)


           California                   000-19704               68-0211359
(State or other jurisdiction of        (Commission           (I.R.S. Employer
         incorporation)                File Number)          Identification No.)

                               2090 Marina Avenue
                           Petaluma, California 94954
                                 (707) 778-8638
                    (Address of principal executive offices)
                                   (Zip Code)


                                       N/A
          (Former name or former address, if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2.):

[ ]  Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

[ ]  Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

[ ]  Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4(c))





The  purpose  of this  current  report  on Form 8-K is to report a change in the
registrant's Certifying Accountant.

Item 4.01     Changes in Registrant's Certifying Accountant.

On March 18, 2005,  Regan  Holding  Corp.  (the  "Company")  was informed by its
independent  registered  public  accounting  firm,   PricewaterhouseCoopers  LLP
("PwC"),  that  PwC has  declined  to stand  for  re-election  as the  Company's
independent   registered  public  accounting  firm  and  will  resign  upon  the
completion of procedures by PwC on the financial statements of the Company as of
and for the year  ended  December  31,  2004 and on the Form 10-K in which  said
financial  statements  will be included;  provided,  however,  PwC's role as the
Company's independent registered public accounting firm will not cease until PwC
performs procedures on the financial statements of the Company as of and for the
quarter  ending  March  31,  2005 and on the Form 10-Q in which  such  financial
statements  will be included  in the event that the  Company  has not  appointed
another accounting firm to replace PwC as the independent  registered accounting
firm prior to the filing of the March 31, 2005 Form 10-Q.

PwC's reports on the Company's financial statements for the years ended December
31, 2003 and 2002 did not contain any adverse  opinion or disclaimer of opinion,
nor  were  they  qualified  or  modified  as to  uncertainty,  audit  scope,  or
accounting principle.

During the years ended  December  31, 2003 and 2002 and through  March 18, 2005,
there were no disagreements  with PwC on any matter of accounting  principles or
practices, financial statement disclosure, or auditing scope or procedure, which
disagreements,  if not resolved to the satisfaction of PwC, would have caused it
to make  reference  thereto in its reports on the financial  statements for such
time periods.

During the two most recent fiscal years and through  March 18, 2005,  there were
no reportable  events (as defined in Regulation S-K Item  304(a)(1)(v)),  except
that the  Company,  in  consultation  with PwC  identified  deficiencies  in the
Company's  internal  controls  over  financial  reporting.   These  deficiencies
resulted in two restatements of the Company's financial statements during fiscal
year 2003.  One of the  deficiencies  resulted in the amendment of the Company's
Form 10-Q for the  quarter  ended  March 31,  2003,  to  restate  the  Company's
consolidated  financial  statements.   The  other  deficiency  resulted  in  the
amendment of the  Company's  Form 10-Q for the period ended  September 30, 2003,
again to restate the Company's consolidated financial statements. Members of the
Company's management and PwC discussed the deficiencies with the Audit Committee
of the Company's Board of Directors.  PwC stated that these deficiencies  result
in a "material  weakness" under standards  established by the American Institute
of Certified  Public  Accountants.  The material  weakness was  identified  as a
breakdown in communication  between the financial and operational  management of
the Company and a breakdown in the processes by which transactions are reviewed.
The  Company  has  authorized  PwC to  respond  fully  to the  inquiries  of any
successor accountant concerning such deficiencies.

To remedy these  weaknesses,  the Board of Directors of the Company approved the
formation of a disclosure  committee (the "Disclosure  Committee") and appointed
executives of the Company to serve on the Disclosure  Committee.  The Disclosure
Committee,  among other things,  meets  quarterly as part of the closing process
and reviews each financial statement line item and footnote disclosure to ensure
the impacts of all business  activity and transactions  have been  appropriately
accounted  for and disclosed in the  financial  statements  of the Company.  The
Disclosure   Committee  also  reviews   detailed   analytics  of  the  Company's
performance  and assesses the need for any additional  disclosures  based on the
relevant reporting period's activity.  The Disclosure  Committee began reviewing
the disclosures made by the Company in its filings with the U.S.  Securities and
Exchange  Commission  starting with the  Company's  Form 10-K for the year ended
December 31, 2003.

The Company has  requested  that PwC furnish it with a letter  addressed  to the
U.S.  Securities and Exchange  Commission  stating whether or not it agrees with
the above statements.  A copy of such letter,  dated March 24, 2005, is filed as
Exhibit 16.1 to this Form 8-K.

The Company  anticipates  appointing a successor  independent  accountant in the
near future and will file the  required  Current  Report on Form 8-K  concurrent
with that event.

                                       2

Item 9.01     Financial Statements and Exhibits.

              (c) Exhibits.

                  Exhibit 16.1 Letter from PwC  regarding its  concurrence  with
                               the statements made in this report.

                                    SIGNATURE

     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.
                                         (Registrant)


Date: March 24, 2005
                                         ---------------------------------------
                                         R. Preston Pitts
                                         President and Chief Financial Officer


                                       3

EX-16

                                                                    Exhibit 16.1



March 24, 2005
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

Commissioners:


We have read the statements made by Regan Holding Corp.  (the  "Company")  (copy
attached),  which we understand will be filed with the United States  Securities
and Exchange Commission, pursuant to Item 4.01 Form 8-K, as part of Regan's Form
8-K report dated March 18, 2005.  We agree with the  statements  concerning  our
Firm in such Form 8-K, except that we make no comment  whatsoever  regarding the
following: (a) the current status of material weaknesses in internal controls or
any  remedial  actions with  respect to such  controls  and (b) the  disclosures
regarding  the  appointment  of  a  successor   independent   registered  public
accounting firm.




Very truly yours,

PricewaterhouseCoopers LLP