A Texas man was sentenced last week to more than 13 years in prison for constructing a $5 million insurance fraud scheme, the U.S. Attorney’s Office, Northern District of Texas announced. Jordan Ford, 32, was charged via criminal complaint in …
Texas Man Sentenced to 13 Years in Prison for Multi-Million Dollar Insurance Fraud Read More »
Incline P&C Group, a leading insurance program market services firm, has elected Thomas Wafer to the Board of Directors of each of its insurance carriers as an independent director. Wafer brings over 40 years of experience in reinsurance and insurance, …
People Moves: Incline P&C Group Adds Wafer as Independent Director Read More »
A Michigan court struck down a large chunk of an $88,550 verdict for a Detroit-area organic gardener whose beloved clover lawn was destroyed by a man spraying herbicide — at the wrong address. Marilyn Mack reported depression, anxiety and random …
Court Reduces Verdict for Michigan Gardener Whose Organic Lawn Was Destroyed Read More »
An engineering company said Friday it has agreed to pay $53 million to settle all remaining lawsuits that alleged some blame for lead-contaminated water in Flint, Michigan, a decade ago. The deal by Veolia North America and Flint residents comes …
Engineering Company to Pay $53M to Settle Flint, Michigan Water Lawsuits Read More »
Alphabet unit Google is set to be charged with breaching EU rules aimed at checking the power of Big Tech after proposed changes to its search results failed to address the EU antitrust regulator’s concerns and those of its rivals, …
Google to Be Hit With EU Charges of Breaching Big Tech Rules, Sources Say Read More »
In recent years, Glencore Plc, Airbus SE and Credit Suisse have collectively paid more than $5.5 billion in fines for their roles in sprawling corruption cases. While law enforcement in France and the UK took the lead, the involvement of …
Europe Braces for Freeze of US Foreign Corruption Practices Act Read More »
The National Highway Traffic Safety Administration laid off 4% of its staff as part of a government-wide trimming of probationary employees, a spokesperson said Monday. The agency has pending investigations into Tesla TSLA.O, which is headed by Elon Musk, the …
NHTSA Laid Off 4% of Staff, Spokesperson Says Read More »
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said could become the costliest natural disaster in U.S. history. Newsom sent a …
California Governor Asks Congress for $40B for LA Wildfire Relief Read More »
Anyone who believes insurance is a dull industry is unfamiliar with recent fraud schemes so macabre they could be turned into gripping adventure movies. One such caper is the staged accident scheme perpetrated by the family of ringleader William Mize. …
Insurance Fraud – Brazen and Big Read More »
Robinhood said on Monday the U.S. Securities and Exchange Commission had closed its probe into the firm’s crypto trading arm with no action, signaling further regulatory changes in the crypto industry since President Donald Trump took office. The retail trading …
SEC Closes Investigation Into Robinhood’s Crypto Arm Without Action Read More »
