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Crimes Against Customers: Part 3 – Technology Crimes

Insurance Journal

This post is part of a series sponsored by AgentSync. Insurance compliance is serious business. Falling out of compliance can have real consequences for everyone from insurance agencies, carriers, MGAs, and MGUs, to individual producers, adjusters, and dually licensed broker-dealers.

Crime 246
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Crimes Against Customers: Part 1 – Financial Crimes

Insurance Journal

This post is part of a series sponsored by AgentSync. Insurance compliance is serious business. Falling out of compliance can have real consequences for everyone from insurance agencies, carriers, MGAs, and MGUs, to individual producers, adjusters, and dually licensed broker-dealers.

Crime 244
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Norcross Defense Team Pans Racketeering Case as ‘Crime Thriller With No Crime’

Insurance Journal

Lawyers for New Jersey insurance executive and political power broker George Norcross III say the state’s 111-page indictment against him and others for alleged racketeering is a “crime thriller with no crime.” ” In calling for dismissal of the charges, Norcross …

Crime 147
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Justice Deptartment Launches Whistleblower Program Aimed at Corporate Crime

Insurance Journal

Justice Department on Aug. 1 debuted its first-ever whistleblower program offering monetary awards to tipsters who report certain types of corporate misconduct, an effort designed to ratchet up the pressure on companies who face allegations of wrongdoing. The …

Crime 278
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Hollywood Car Stunts Turn Into Real Crimes With Street Takeovers

Insurance Journal

California, the birthplace of hot rod culture and televised police chases, is cracking down on a surge in deadly street takeovers. Often organized through social media, these chaotic events — also known as sideshows — have transformed quiet streets into …

Crime 278
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Sweden Seizes Ship Suspected of Sabotage in Baltic Sea

Insurance Journal

The Security Service said it’s conducting a preliminary investigation into the crime … Sweden detained a vessel suspected of damaging a subsea data cable connecting it with Latvia, the third such incident in the Baltic Sea in the past three months.

Crime 269
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Man Admits Shootings That Damaged Electrical Substations in the Dakotas

Insurance Journal

AP) — A Canadian man has pleaded guilty to federal crimes for shootings at electrical substations and an oil pipeline in the Dakotas that caused $1.7 BISMARCK, N.D. (AP) million in damages. Cameron Monte Smith pleaded guilty Wednesday in U.S. District …

Damage 262