Former insurance agent James Henry Sim, 66, of San Diego, Calif. was sentenced to a stayed term of four years and four months in state prison, the California Department of Insurance announced on Friday. Sims was taken into custody and …
Jerry Buffington, 69, and Cynthia Russell, 47, have pled guilty in Kern County Superior Court to one count each of workers’ compensation insurance premium fraud and eight counts each of tax evasion and were ordered to pay restitution to California’s …
The California Department of Insurance (CDI) is joining with the Department of Industrial Relations (DIR) and other agencies to fight labor law and insurance-related violations in an “underground economy.” The collaboration was announced on Thursday by Insurance Commissioner Dave Jones. …
A former northeastern Pennsylvania insurance executive has been sentenced to 5 1/2 to 16 1/2 years in state prison in what prosecutors said was a pyramid scheme worth at least $7 million. Brian Murray, 68, former head of Murray Insurance …
A Georgia insurance agent who took premiums from a nonprofit pleaded guilty in Bibb County Superior Court to one count of insurance fraud. Broadus W. Marshall Jr. of Macon was sentenced to 10 years of probation, 500 hours of community …
The Pennsylvania Insurance Department has shut down Pittsburgh-based Morry Hoffman Agency Inc. for allegedly misappropriating $1 million in premiums. The agency wrote commercial policies for restaurants including liquor liability coverage. Within a two-year timeframe, the department discovered that the agency …
A Lake Worth, Fla. insurance agent’s license has been suspended after he allegedly misappropriated automobile insurance premiums and issued bogus insurance identification cards to consumers. Hector Marcano, owner of American Dream Insurance Services, allegedly misappropriated automobile insurance premium funds from …
