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 …
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 …
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 …
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 …
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 …
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 …
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, …
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), …
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 …
Three Northern California bail bondsmen have been arrested for allegedly kidnapping clients for the purpose of extortion and insurance fraud. Insurance Commissioner Dave Jones made the announcement on Thursday that bail agent Aleo J. Pontillo, 40, of Modesto, Calf., owner …
