Christopher Emery, 33, of Downey, Calif. formerly a licensed insurance broker doing business as CPE Insurance Services, has plead guilty to seven felony counts of grand theft for stealing insurance premiums. Emery collected premium payments from customers and failed to …
The Court of Appeal upheld a decision by California Insurance Commissioner Dave Jones to revoke the broker-agent license of Wellman Dale Shew, 55, of Fresno. When the California Department of Insurance learned that Shew had two misdemeanor convictions in California …
A Southern California insurance broker who overcharged Tom Hanks and his wife, Rita Wilson, hundreds of thousands of dollars has been sentenced to more than two years in federal prison. City News Service says Jerry Goldman received a 27-month sentence …
Ownership of the insurance broker Hub International is being passed from one private equity firm to another. Funds advised by Hellman & Friedman will buy a majority stake of the Chicago company in a deal that values Hub at $4.4 …
A northern Michigan insurance broker accused of fleecing elderly clients out of more than $1 million has been sentenced to 5 years in federal prison. Prosecutors say William Lowder persuaded clients to change their investments and put money in annuities …
More often than not, a second wave of claims against insurance agents by their clients follows a natural disaster. As parties find themselves without the coverage they expected after a catastrophe, it appears to be a natural reflex for them …
A Helena couple that rented a greenhouse to a medical marijuana operation have sued their insurance broker after their insurance company denied a $75,000 damage claim filed following a federal raid of the operation. The Independent Record reported the lawsuit …
A 49-year-old insurance broker who stole large amounts of money from elderly clients has been sentenced to 30 years in prison and must pay more than $1.4 million in restitution. The Denver Post reported Mendenhall was convicted of 25 counts …
