Providence Property & Casualty Insurance Co. News

Ex-Oppenheimer Exec Gets Jail Time for Role in Oklahoma Insurer Fraud

A former Oppenheimer & Co. Inc. executive was sentenced to almost two years in prison for his role in a fraud that prosecutors say led to the collapse of an Oklahoma insurance company. Allen Reichman, 54, and three others scammed …

Ex-Oppenheimer Exec Admits to Role in Sinking Oklahoma Insurer

A former Oppenheimer & Co. Inc. executive pleaded guilty to participating in a fraud that the U.S. says led to the collapse of an Oklahoma insurance company. Allen Reichman, 55, told a Manhattan judge that he and former Park Avenue …