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Tag:

Insurance

  • Department of Justice Press Releases

    Former Sacramento Resident Charged in Unemployment Insurance Fraud Scheme

    by DOJ Press March 29, 2022
    by DOJ Press March 29, 2022

    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 …

  • Department of Justice Press Releases

    Chief Financial Officer Of Connecticut Insurance Firm Sentenced In $33 Million Scheme To Steal Client Healthcare Funds And Defraud Multiple Lenders

    by DOJ Press March 28, 2022
    by DOJ Press March 28, 2022

    Damian 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 …

  • Financial News

    Zurich Insurance removes Z symbol after letter used to show support for Ukraine war

    by Reuters March 26, 2022
    by Reuters March 26, 2022

    ZURICH – Zurich Insurance has removed its Z logo from social media after the letter became a symbol of support in Russia for Moscow’s invasion of Ukraine. The company said …

  • Department of Justice Press Releases

    Four defendants in insurance company robbery face federal charges

    by DOJ Press March 25, 2022
    by DOJ Press March 25, 2022

    ALBUQUERQUE, N.M. – Four New Mexico defendants are facing federal charges, accused of robbing an insurance company in Gallup, New Mexico. According to court records, on Dec. 4, 2021, Amber …

  • Department of Justice Press Releases

    New Orleans Woman Pleads Guilty to Conspiring to Stage Automobile Accident in Order to Defraud Insurance and Trucking Companies

    by DOJ Press March 24, 2022
    by DOJ Press March 24, 2022

    NEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced today that on March 23, 2022 ISHAIS PRICE (“PRICE”), age 41, of New Orleans, Louisiana, entered a plea of …

  • Department of Justice Press Releases

    Pharmacist Charged in a Scheme to Bill Insurance for Medications Not Dispensed

    by DOJ Press March 23, 2022
    by DOJ Press March 23, 2022

    DETROIT – A Dearborn Heights pharmacist was arrested today for committing health care fraud. United States Attorney Dawn N. Ison was joined in this announcement by the FBI’s Acting Special …

  • US and World News

    U.S. signs up more than 14.5 million people for Obamacare health insurance

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    – More than 14.5 million Americans signed up for Obamacare health insurance for 2022, a 21% jump over last year and the highest since the Affordable Care Act was signed …

  • Financial News

    Explainer-Can companies leaving Russia recoup losses through insurance?

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    By Tom Hals – Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai …

  • Department of Justice Press Releases

    Leader of Pandemic Unemployment Insurance Benefits Scheme Sentenced to Prison and Ordered to Pay More Than $350k in Restitution

    by DOJ Press March 17, 2022
    by DOJ Press March 17, 2022

    Acting U.S. Attorney Michelle M. Baeppler announced that Lawrence Lawson, 41, of Cleveland, Ohio, was sentenced on March 15, 2022, to 51 months in prison and ordered to pay $355,849 …

  • Business News

    Mercury Insurance Water Leak Detection Program Aims to Save Water and Money for California Homeowners during Historic Drought

    by Your News March 11, 2022
    by Your News March 11, 2022

    LOS ANGELES, March 10, 2022 — Mercury Insurance (NYSE: MCY) announced it will be subsidizing the cost of smart home water monitoring devices from Flume, providing California homeowner policyholders a way …

  • Financial News

    Insurance broker Marsh to exit Russia

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    – Marsh & McLennan, the world’s largest insurance broker, said on Thursday it will exit all of its businesses in Russia. “We intend to transfer ownership of our Russian businesses …

  • Department of Justice Press Releases

    Maryland Man Admits to Coordinating Covid-19, Unemployment, Insurance, and Aggravated Identity Theft Schemes

    by DOJ Press March 9, 2022
    by DOJ Press March 9, 2022

    Baltimore, Maryland – Idowu Raji, age 40, of Baltimore County, Maryland, pleaded guilty today to conspiracy to commit access device fraud, access device fraud, and aggravated identity theft in relation …

  • Department of Justice Press Releases

    Crop Insurance Agency And CEO To Pay $500,000 To Settle Claims In Federal Fraud Investigation

    by DOJ Press March 9, 2022
    by DOJ Press March 9, 2022

    Silveus Ins. Group, Inc. also agreed to a year-long monitoring period and CEO James Cameron Silveus agreed to a year-long exclusion from federal programs.           GRAND …

  • Business News

    RCG Global Services Appoints Insurance Industry Veteran Patti Griffin to Board

    by Your News March 9, 2022
    by Your News March 9, 2022

     ISELIN, N.J., March 9, 2022 — RCG Global Services (“RCG” or “the Company”) is proud to announce the appointment of Patti Griffin to its Board of Directors. RCG is a global …

  • Financial News

    Russian-Ukraine fears send CDS debt insurance costs soaring

    by Reuters March 7, 2022
    by Reuters March 7, 2022

    LONDON – The cost of insuring against a Russian government debt default soared by almost 50% on Monday and premiums on other emerging market countries, junk bonds and swathes of …

  • Breaking NewsNew Jersey NewsNorth Jersey NewsPolice Blotter

    North Jersey man illegally towed vehicles from Newark to file false insurance claims

    by Charlie Dwyer March 4, 2022
    by Charlie Dwyer March 4, 2022

    NEWARK, NJ – An elaborate insurance scam operated by an Orange resident in the City of Newark came to an end after police began investigating. Newark Public Safety Director Brian …

  • Department of Justice Press Releases

    New Jersey Man Sentenced to 80 Months in Prison for Stealing more than $450,000 in Unemployment Insurance Benefits

    by DOJ Press March 3, 2022
    by DOJ Press March 3, 2022

    NEWARK, N.J. – A Union, New Jersey, man was sentenced today to 80 months in prison for illegally obtaining more than $450,000 in unemployment insurance benefits, U.S. Attorney Philip R. …

  • Financial News

    Explainer-Russian banks isolated, UK cuts insurance ties with Moscow

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Huw Jones and Tommy Wilkes LONDON – Britain will ban Russian companies from London’s multi-billion dollar aviation and space insurance market, the latest restrictions Western allies are imposing to …

  • US and World News

    Analysis-Russian ransomware attacks on Ukraine muted by leaks, insurance woes

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By James Pearson and Raphael Satter LONDON/WASHINGTON – Warnings that pro-Russian ransomware gangs would snarl networks in Ukraine and its allies have so far failed to materialise amid disarray among …

  • Financial News

    Insurance costs of shipping through Black Sea soar

    by Reuters February 25, 2022
    by Reuters February 25, 2022

    By Jonathan Saul LONDON – Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates to transport goods through the region …

  • Department of Justice Press Releases

    State Prison Inmates Plead Guilty to Unemployment Insurance Fraud

    by DOJ Press February 24, 2022
    by DOJ Press February 24, 2022

    ALBANY, NEW YORK – Two New York State prison inmates pled guilty today to conspiring with others to defraud pandemic-related unemployment insurance programs administered by the New York State Department …

  • Department of Justice Press Releases

    Three Men Indicted in Capital Region Unemployment Insurance Fraud Conspiracy

    by DOJ Press February 24, 2022
    by DOJ Press February 24, 2022

    ALBANY, NEW YORK – Kahleke Taylor, age 21, of Albany; Taquan Parker, age 25, of Snellville, Georgia, and formerly of Albany; and Olajuwon Sutherland, age 26, of Troy, New York, …

  • Department of Justice Press Releases

    First Defendant in $25 Million, Prison-Based Unemployment Insurance Fraud Scheme Pleads Guilty

    by DOJ Press February 23, 2022
    by DOJ Press February 23, 2022

    FRESNO, Calif. — Daryol Richmond, 31, a Kern Valley State Prison inmate pleaded guilty today to conspiracy and aggravated identity theft charges for his role in a $25 million unemployment …

  • Department of Justice Press Releases

    Tampa Woman Charged With Access Device Fraud And Aggravated Identity Theft Related To COVID Unemployment Insurance Benefits

    by DOJ Press February 22, 2022
    by DOJ Press February 22, 2022

    Tampa, Florida –United States Attorney Roger B. Handberg announces the return of an indictment charging Rolanda Wingfield (39, Tampa) with two counts of access device fraud, one count of possession …

  • Department of Justice Press Releases

    11 Members and Associates of the Brooklyn-Based Woo Gang Charged with Multi-Million Dollar COVID-19 Unemployment Insurance Fraud

    by DOJ Press February 17, 2022
    by DOJ Press February 17, 2022

    A criminal complaint was unsealed today in federal court in Brooklyn charging Romean Brown, Tyrek Clarke, Kennith Desir, Stephan Dorminvil, Kai Heyward, Keith James, Oneal Marks, Jahriah Olivierre, Christopher Jean …

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