July 3, 2019
A California Department of Insurance, Employment Development Department and U.S. Department of State, Diplomatic Security Service investigation that uncovered a complex unemployment insurance fraud scheme has now led to prison time on federal charges for the man who perpetrated the …
June 25, 2019
Detectives from the California Department of Insurance have arrested Ameer Almassou, Bariq Aleyada, and Ziad Jaber Jaber for allegedly stealing more than $22,000 from auto insurers by filing fraudulent insurance claims. One additional suspect, Muhamed El Gererey, self-surrendered. The scheme …
June 20, 2019
Several individuals were arrested last week involved in an insurance fraud scheme stretching all the way to California that is believed to have totaled $120 million in losses, according to the Georgia Department of Insurance. Agents in the Fraud Investigations …
June 19, 2019
A possible sale of workers’ compensation specialist Applied Underwriters looks to be a step closer to reality. The California Department of Insurance is reviewing an application for the sale of the Calif.-based Berkshire Hathaway subsidiary. CDI officials confirmed with Insurance …
June 6, 2019
Felony charges for grand theft and identity theft were filed against Alicia Calderon, 33, a former licensed insurance producer in California, after investigators reportedly discovered evidence that Calderon took money from and issued fraudulent policies for a commercial building and …
May 16, 2019
California Insurance agent Francis Okyere, 67, self-surrendered this week at the Los Angeles County Superior Court after being charged with four felony counts of grand theft. The charges arose from an investigation by the California Department of Insurance’s investigation division …
May 10, 2019
Controversy has swirled around the National Rifle Association of late. Infighting that led to the ouster of Oliver North as the group’s president, its tenuous financial landscape and an investigation launched by the New York attorney general are just a …
May 8, 2019
Insured losses from the most destructive wildfire month in California’s history climbed $614 million in the first three months of the year, pushing total claims over $12 billion as of April, the California Department of Insurance announced on Wednesday. Together …
May 8, 2019
A California Court of Appeal upheld a $27.5 million fine the California Department of Insurance issued against Mercury Insurance Co. for charging illegal fees that should have been disclosed as premiums, a violation of Proposition 103. The fine is reportedly …
May 1, 2019
The National Rifle Association has agreed to stop soliciting insurance in California without a license, and made changes to its website and member communication materials to address allegations in a 2018 cease and desist order issued by the California Department …