extortion News

Connecticut Town Faces Federal Lawsuit After Extortion Conviction

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 Int’l Underwriters Names McCarthy as Head of Global Crisis Mgmt. Unit

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 …

Former Florida Highway Patrol Officer Pleads Guilty to Selling Accident Reports

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 Launches Security Insight Platform to Identify Global Business Risks

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 …

Schinnerer Updates Kidnap, Ransom, Extortion Coverage Endorsement

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, …

Schinnerer Adds Crime, Kidnap, Ransom Coverage to Non-Profit Program

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), …

September 19, 2012 Lunch Discussion: Kidnap, Ransom and Extortion

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 …

California Bail Bond Agents Arrested For Kidnapping, Extortion and Insurance Fraud

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 …