Insurance

(Reuters) – Despite the second- and third-largest bank failures in U.S. history last month, the U.S. Federal Deposit Insurance Corporation remains on track to refill its deposit insurance fund ahead …

HUDSON COUNTY, NJ – On Monday, two Jersey City men, Shelton Sutton, 36, and Kevin London, 36, have been arrested and charged with insurance fraud following an investigation by the …

By Douglas Gillison and Pete Schroeder (Reuters) – The White House on Thursday moved to reassure the nation’s community banks that they would not have to foot a $23 billion …

By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire investor William Ackman who spent years telling corporations how to perform better is now taking on the U.S. government by calling for …

By Hannah Lang (Reuters) – The Federal Deposit Insurance Corp (FDIC) and its flagship deposit insurance fund have been active since the Great Depression to provide an orderly resolution for …

Janet Yellen Says Government Won’t Offer ‘Blanket Insurance’ Of Bank Deposits Jason Cohen on March 22, 2023 Treasury Secretary Janet Yellen told lawmakers Wednesday that the Federal Deposit Insurance Corporation …

By Hannah Lang and Pete Schroeder (Reuters) – In the United States and many other countries, the government guarantees a certain amount of each customer’s deposits in the event of …

JERSEY CITY, NEW JERSEY – Hudson County Prosecutor Esther Suarez announced the arrest of 41-year-old Issa Almaet for insurance fraud on Thursday. The Hudson County Prosecutor’s Office Insurance Fraud Unit …

‘My Insurance Thinks I’m Lying’: Rampant Theft Is Bringing Business Owners To Their Knees In One Liberal City Trevor Schakohl on February 24, 2023 Small business owners in San Francisco …

Damian Williams, the United States Attorney for the Southern District of New York, announced today that ANTHONY RICCARDI, an owner and manager of the Connecticut insurance firm Employee Benefit Solutions …

NEWARK, NJ – A Newark doctor has admitted to federal authorities that he lied to the FBI about his role in a an insurance fraud and money laundering sceheme. The …

By Priyamvada C (Reuters) – Demand for travel insurance in the United States is set to jump this year, as more Americans turn cautious after a spike in flight cancellations …

By Chris Taylor NEW YORK (Reuters) – Joe Natiello is facing what you might call a “nice problem to have.” Almost 20 years ago, the 64-year-old Westfield, New Jersey, resident …

By Ahmed Aboulenein WASHINGTON (Reuters) – More than 16 million Americans signed up for Obamacare health insurance for 2023, a jump of more than 12% over last year and the …

CINCINNATI – A former insurance agent pleaded guilty in U.S. District Court to defrauding dozens of victims in the Cincinnati and Dayton area.   Specifically, Seneca Birchmore, 45, of Cincinnati, …

Baltimore, Maryland – A federal criminal complaint has been filed charging Tomeka Glenn, age 46, and Kevin Davis, age 42, both of Windsor Mill, Maryland, for conspiracy to commit wire …

Over one million registered New Jersey drivers will see their insurance rates go up this month after a state law that increases the minimum liability coverage took effect on January …

PHOENIX, Ariz. – On Tuesday, Isrrael Millan, III, 40, of Yuma, Arizona, was found guilty by a federal jury on one count of Conspiracy to Commit Fraud, eight counts of …

Damian Williams, the United States Attorney for the Southern District of New York, announced the convictions today in Manhattan federal court of GEORGE CONSTANTINE, a New York lawyer, and ANDREW …

NEW ORLEANS – The United States Attorney’s Office announced that FOUAD K. ZETON was indicted on December 8, 2022 for conspiracy to commit wire fraud. The indictment alleges that ZETON …

ANKARA (Reuters) – Turkey’s maritime authority said on Thursday it would continue to block the passage of oil tankers without appropriate insurance letters, adding that the insurance checks on ships …