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 …
Insurance
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- 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 Pressby 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 …
- Financial News
Zurich Insurance removes Z symbol after letter used to show support for Ukraine war
by Reutersby ReutersZURICH – 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 Pressby DOJ PressALBUQUERQUE, 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 Pressby DOJ PressNEW 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 Pressby DOJ PressDETROIT – 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 Reutersby Reuters– 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 Reutersby ReutersBy 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 Pressby DOJ PressActing 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 Newsby Your NewsLOS 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 …
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– 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 Pressby DOJ PressBaltimore, 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 Pressby DOJ PressSilveus 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 Newsby Your NewsISELIN, 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 …
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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
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 Pressby DOJ PressNEWARK, 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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 …
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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 Pressby DOJ PressALBANY, 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 Pressby DOJ PressALBANY, 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 Pressby DOJ PressFRESNO, 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 Pressby DOJ PressTampa, 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 Pressby DOJ PressA 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 …