(Reuters) – The cost of a comprehensive car insurance policy in Britain touched an 18-month high in the first quarter and will continue to increase on the back of rising …
Topic:
Insurance
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Two More Defendants Sentenced for Conspiring to Stage Automobile Accidents to Defraud Insurance and Trucking Companies
by DOJ PressNEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced today that CHANDRIKA BROWN (“BROWN”), age 31, and AISHA THOMPSON (“THOMPSON“), age 44, both of New Orleans, Louisiana, were …
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Former Employee of a Travel Insurance Company Sentenced to Over 2 Years in Federal Prison and Must Pay Over $496,000 in Restitution for Wire Fraud
by DOJ PressINDIANAPOLIS – Maria Caceres, 56, of Coral Springs, Florida and formerly of Hamilton County, Indiana, was sentenced late yesterday to 30 months in federal prison following her conviction of wire …
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Owner and Operator of Arlington Insurance Agency Convicted by Federal Jury of Stealing Government Benefits
by DOJ PressBOSTON – The owner and operator of an Arlington-based insurance agency has been convicted by a federal jury in Boston of fraudulently receiving disability benefits from the Department of Veterans …
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NEWARK, N.J. – A former U.S. Postal Service USPS employee today admitted that he conspired to fraudulently obtain unemployment insurance benefits, U.S. Attorney Philip R. Sellinger announced. Ross Clayton, 31, …
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ATLANTA – Rowlando Hatter Jr., and Clyde Anthony Parker Jr., have been arraigned on federal charges of conspiracy to commit mail and wire fraud, mail fraud, and aggravated identity theft. …
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Senior Leader Of Massive No Fault Automobile Insurance Bribery Scheme Sentenced To 7 Years In Prison
by DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, announced today that JELANI WRAY, a senior leader of a conspiracy in which he and his co-conspirators …
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By Carolyn Cohn and Noor Zainab Hussain LONDON – Munich Re is planning new wordings in cyber insurance policies to exclude war, to avoid disputes over what is covered, the …
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By Noor Zainab Hussain and Carolyn Cohn LONDON – AIG, one of the world’s biggest commercial insurers, is considering cutting cover for Russia and Ukraine, to shield itself from the …
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(Reuters) – Australia’s Federal Court on Friday ordered lender Westpac Banking Corp’s superannuation agent to pay A$20 million ($14.96 million) in penalty for incorrect insurance charges. The court said BT …
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NEWARK, N.J. – An Illinois man today admitted that he used other individuals’ personal identification information to fraudulently obtain unemployment insurance benefits while he was incarcerated, U.S. Attorney Philip R. …
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By Padraic Halpin DUBLIN – The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to “horrendous” hikes in the cost of renewing …
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Mercury’s usage-based insurance app could save customers up to 40% or more on auto insurance and gives Prairie State drivers a virtual driving coach LOS ANGELES, April 6, 2022 — …
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The Spring edition is dedicated to NICB’s 110-year anniversary. Within the issue, NICB reflects on its legacy, while looking toward a future filled with technological advancements, data and intelligence enhancements, …
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Insurance company owner sentenced after lying to bankruptcy court, underreporting income
by DOJ PressSAVANNAH, GA: A Chatham County insurance company owner has been sentenced to federal prison for lying in bankruptcy court and his tax returns. Jaques Andres Frym, 53, of Pooler, Ga., …
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JERSEY CITY, NJ – A Jersey City Public Schools employee has been charged after filing over 50 fraudulent medical claims to his insurance company. “A security guard employed by the …
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Personal Touch, Helping Policyholders in Time of Need, and Affordable Rates are Keys to 60 Years of Success for Mercury Insurance
by Your NewsOne of the best insurance companies in America, according to Forbes, continues its mission of providing high quality protection at affordable rates LOS ANGELES, April 1, 2022 — Mercury Insurance sold …
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LONDON – S&P Global sees losses in the speciality insurance market of $16-35 billion from the Russia-Ukraine conflict, the ratings agency said on Thursday. This includes possible aviation insurance losses …
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LONDON – S&P Global sees losses in the speciality insurance market of $16-35 billion from the Russia-Ukraine conflict, the ratings agency said on Thursday. This includes possible aviation insurance losses …
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ZURICH – Zurich Insurance on Thursday said it aimed to achieve net-zero greenhouse gas emissions in its own operations by 2030, bringing forward its target by 20 years. “Zurich Insurance …
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Co-Owner of defunct medical testing lab convicted of kickback scheme to profit on urine drug tests for government insurance programs
by DOJ PressSeattle – A resident of Astoria, Oregon was convicted this week in U.S. District Court in Seattle of five federal felonies connected to his scheme to profit from illegal kickbacks …
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Detroit Man Sentenced on Charges related to Theft of $1.6M in Unemployment Insurance Benefits from Nine States
by DOJ PressA Detroit man was sentenced today to 39 months in federal prison on charges of wire fraud and identity theft, in connection with a scheme to defraud and obtain more …
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Marrero Man Sentenced for Conspiring to Stage Automobile Accidents in Order to Defraud Insurance and Trucking Companies
by DOJ PressNEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced today that DEWAYNE COLEMAN (“COLEMAN”), age 22, of Marrero, Louisiana, was sentenced today for Conspiracy to Commit Mail Fraud, …
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SACRAMENTO, Calif. — Terence Aubrey Larker, 35, of Las Vegas, previously of Sacramento, was arrested today after a federal grand jury returned an eight-count indictment last Thursday, charging him with …
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Chief Financial Officer Of Connecticut Insurance Firm Sentenced In $33 Million Scheme To Steal Client Healthcare Funds And Defraud Multiple Lenders
by DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, announced today that ERIN VERESPY was sentenced to 66 months in prison for her participation in a …