Hole-in-one Insurance News

Grand Jury Indicts ‘Hole in Won’ Owner on Prize Insurance Fraud Charges

A federal grand jury in Connecticut returned a six-count indictment charging a Norwalk, Connecticut business owner with fraud offenses related to his operation of a prize insurance business. According to the officials, Kevin Kolenda owns and operates Hole In Won …

Arrest Warrant Issued in Washington For Hole-in-One Scammer

Golf tournament insurance scammer and convicted felon Kevin Kolenda is wanted on a national extradition warrant after he failed to appear in Snohomish County Superior Court in Washington July 7 to face one felony charge for selling insurance without a …

West Virginia Golf Event Organizers Respond to Holes-in-One Insurance Lawsuit

The nonprofit behind the PGA Tour’s Greenbrier Classic says it wasn’t informed until after the tournament its insurance wouldn’t cover cash prizes for holes-in-one on holes deemed too short. In a third-party complaint in Charleston federal court, Old White Charities …

Underwriters Sue Over Greenbrier Classic’s Hole-in-One Jackpot in W.Va.

Insurance underwriters claim they shouldn’t be responsible for reimbursing a charity for payouts to golf fans for two holes-in-one made during the PGA Tour’s Greenbrier Classic in White Sulphur Springs, West Virginia, because the aces weren’t long enough. The tournament’s …

Washington Commissioner Says Hole-in-One Insurance Scammer at It Again

It appears hole-in-one insurance scammer Kevin Kolenda has been at it again, according to detectives in Washington Insurance Commissioner Mike Kreidler’s office. Kolenda was arrested on Monday in Norwalk, Conn., during a search of his residence. Kreidler’s detectives worked in …

CFC Launches Two New Contingency Insurance Products

Specialist lines underwriting agency, CFC Underwriting, has launched prize indemnity and over-redemption policy products. The new coverages come from CFC’s recently established contingency team and follow the appointment of Matt Helm as Contingency Practice leader last year. “Prize competitions and …

Palmer Ace at Phoenix Open Will Cost Someone $50K

If pro golfer Ryan Palmer makes a hole-in-one on the 16th hole at the Waste Management Phoenix Open today through Sunday, someone’s on the hook for $50,000. The hole-in-one policy is from Acersgolf.com, owned by Western Security Surplus Insurance Brokers …

Hole-in-one Insurance Fraudster in Washington Sentenced

Kevin Kolenda, 56, a Connecticut businessman who has been reportedly defrauding golf tournaments and golfers for two decades, was sentenced Friday in King County Superior Court in Washington. Judge Jean Rietschel sentenced Kolenda to 86 days with credit for time …