June 4, 2024
A gang leader who recruited other gang members and used violence, threats of violence, and extortion to take over the fire restoration business in New York City and defraud insurance companies has been sentenced to 12 years in prison. Jatiek …
February 22, 2024
A gang member who ran a fire restoration company has been convicted of using violence, threats of violence, and extortion to terrorize and dominate the fire restoration industry in New York City. After presiding over a two-week bench trial in …
March 4, 2022
A 48-year-old Sullivan City, Texas man has admitted to threatening to cancel a contract if he did not receive increased monetary payments, announced U.S. Attorney Jennifer B. Lowery. Oscar Salinas aka “Coach” pleaded guilty March 3. As part of the …
November 9, 2017
A Connecticut man who claims to have tipped off the FBI about extortion from a zoning official has now filed a federal lawsuit against the town where he says it took place. WTNH-TV recently acquired a copy of the lawsuit …
July 21, 2015
Liberty International Underwriters (LIU), a part of Liberty Mutual Insurance, has appointed Jane McCarthy as global senior vice president of its Global Crisis Management unit which includes kidnap, ransom and extortion; contaminated products; and product recall coverage worldwide. Based in …
May 28, 2015
A former Florida Highway Patrol trooper could get prison time after pleading guilty to an extortion charge for accepting bribes for selling confidential accident reports. The ex-trooper, Kirk Chambers, pleaded guilty last week to an extortion conspiracy charge under color …
April 7, 2015
XL Group’s kidnap & ransom underwriting team has announced the launch of its new Global Security Insight (GSI) platform. Created and frequently updated by Salamanca Group, the merchant banking and operational risk management business, the global platform provides XL Group’s …
November 18, 2013
Victor O. Schinnerer & Co., an underwriting manager, has enhanced its kidnap, ransom and extortion insurance coverage with an updated endorsement, the “Schinnerer Enhanced Endorsement.” Effective immediately, the Schinnerer Enhanced Endorsement broadens the definition of kidnap, ransom, and insured persons, …
May 2, 2013
Victor O. Schinnerer & Co. has added crime and kidnap, ransom, and extortion coverages to its suite of offerings for non-profits. The new coverages round out the program’s existing offering of directors & officers liability (D&O), employment practices liability (EPLI), …
August 29, 2012
San Diego, CA, 08/29/12 – The Insurance Brokers & Agents of San Diego along with the Insurance Industry Charitable Foundation of San Diego will be hosting a lunch discussion on September 19, 2012 with guest speaker Reginald King, the West …