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California Business Owner Ordered to Pay $687K in Restitution for Workers’ Comp Fraud
May 3 2024 // A California business owner convicted of felony workers’ compensation insurance fraud was ordered to pay $687,560 in restitution to the victims. An investigation by the California Department of Insurance determined...
California Contractor Pleads Guilty to Insurance Fraud After Underreporting Nearly $1M in Payroll
May 2 2024 // Kent Bo Fridolfsson, 67, of Benicia, California, pleaded guilty to six charges of insurance fraud and grand theft after a joint investigation with the California Department of Insurance, Solano County District...
Study: California’s 2023 Snowy Rescue from Megadrought a Freak Event
May 1 2024 // Last year’s snow deluge in California, which quickly erased a two decade long megadrought, was essentially a once-in-a-lifetime rescue from above, a new study found. Don’t get used to it because with climate...
Billionaire Ellison Is Moving Oracle to Nashville From Texas
Apr 30 2024 // Larry Ellison plans to make Nashville the world headquarters for Oracle Corp., only a few years after relocating the tech giant from Silicon Valley to Austin. Ellison said Oracle is developing a campus in the Tennessee...
Flow Specialty in California Emerges from Rebrand, Adds New Leadership
Apr 30 2024 // Capitola Insurance in California has completed its rebranding to Flow Specialty and the specialty wholesaler has added new leadership. David Derigiotis has been named president of brokerage and head of insurance....
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