Insurance Journal

SEPTEMBER 18, 2024

million wage theft settlement for 550 workers in an alleged scheme in which the owner of multiple Wingstop locations in Bakersfield created separate corporate entities to circumvent labor laws. The California Labor Commissioner’s Office reached a $1.7 The franchisee must …

Theft 292

Theft 292

Insurance Journal

AUGUST 9, 2024

Anti-theft software upgrades provided for Hyundai and Kia vehicles regularly targeted by thieves has cut theft rates by more than half, according to new research from the Highway Loss Data Institute. Theft rates of the affected automobiles soared after thieves …

Theft 264

Theft 264

Insurance Journal

AUGUST 22, 2024

A scrap metal dealer with a Virginia shop pled guilty this week to theft and tax charges related to his participation in a multi-state catalytic converter theft conspiracy. According to court documents, Theodore Nicholas Papouloglou, 45, used his business, DG …

Theft 264

Theft 264

Insurance Journal

JANUARY 23, 2025

2024 saw record-breaking cargo theft activity across the United States and Canada, with 3,625 reported incidents representing a 27% increase from 2023, according to global data analytics and technology provider CargoNet, a Verisk company. The estimated average value per theft …

Theft 246

Theft Inland Marine Marine 246

Insurance Journal

MARCH 18, 2025

A former state correctional officer from Baltimore has been sentenced in the Circuit Court for Baltimore County for felony theft of $25,000 to $100,000 and ordered to pay $50,251.66 in restitution, announced Attorney General Anthony G. Prosecutors showed that …

Theft 204

Theft Insurer Insurance Insured 204

Insurance Journal

DECEMBER 10, 2024

This post is part of a series sponsored by IAT Insurance Group. In this episode, Peter Matthews, SVP of Commercial Truck, and Jared Fritts, Loss Control Specialist, tackle the issue of Strategic Cargo Theft what it is, how it …

Theft 246

Theft Commercial Insurer Insurance 246

Insurance Journal

FEBRUARY 19, 2025

A former Ohio insurance agent was sentenced this month to five years of probation for thefts exceeding $1.4 Rhonda Chandler, of the Columbus area, stole and misappropriated funds, including premiums for pre-need life insurance policies, commonly known as burial …

Theft 191

Theft Insurance Agents Insurance Agent Agents 191

Insurance Journal

FEBRUARY 25, 2025

This post is part of a series sponsored by IAT Insurance Group. While cameras recorded the theft, nobody … Late at night in the Fall of last year, thieves stole 13 ECM units from a fleet of commercial trucks in Chicago.

Theft 223

Theft Commercial Insurer Insurance 223

Insurance Journal

MARCH 18, 2025

A Pennsylvania man who was part of a group that stole paintings by Andy Warhol and Jackson Pollock among other valuables was sentenced to eight years in federal prison after pleading guilty to theft of major artwork. Thomas Trotta, 49, …

Theft 204

Theft Insured Insurer Insurance 204

Insurance Journal

JANUARY 30, 2025

Theft and violence against retail workers in Britain soared to record levels last year and are “out of control,” driven partly by criminal gangs, according to a report published on Thursday. Industry body the British Retail Consortium’s annual crime survey …

Theft 219

Theft Crime 219

Insurance Journal

FEBRUARY 11, 2025

A North Carolina insurance agent is awaiting a court appearance next week after he was charged with fraudulently taking out a life insurance policy with Southern Farm Bureau Life Insurance Co. The North Carolina Department of Insurance said that Matthew …

Life Insurance 246

Life Insurance Insurance Agents Insurance Agent Insurance Policy 246

Insurance Journal

MARCH 31, 2025

About a year into the litigation between American International Group and startup Dellwood Insurance Group, a federal judge will allow much of AIG’s lawsuit to proceed against its newest potential competitor in the excess and surplus market. Judge Evelyn Padin …

Theft 248

Theft Insurer Insurance Insured 248

Insurance Journal

DECEMBER 2, 2024

The Connecticut city of West Haven said it is being reimbursed more than $1 million from its insurer to cover the cost of federal pandemic relief funds stolen three years ago by two city employees. Then-state Rep. Michael DiMassa and …

Theft 264

Theft Insurer Insurance Insured 264

Insurance Journal

MARCH 26, 2025

Washington, Nevada and Oregon had the biggest percentage drops in vehicle thefts in the U.S. in 2024, according to a new report that shows vehicle thefts nationally fell by 17% in 2024 from a year earlier, marking the largest annual …

Theft 147

Theft Crime Insured Insurer 147

Insurance Journal

OCTOBER 10, 2024

A former insurance broker has pleaded guilty to a number of charges including insurance fraud for collecting premiums without placing coverage. Karen Marie Dondanville, 56, a former broker from Mission Viejo, pleaded guilty to 90 counts including grand theft auto, …

Theft 264

Theft Agents Premium Insurance Broker 264

Insurance Journal

FEBRUARY 5, 2025

A King County, Washington, judge issued a bench warrant a former Seattle insurance agent charged with stealing more than $400,000 in premiums from his clients. Edward Hadley was charged with nine counts of first-degree theft following investigations by the Washington …

Premium 263

Premium Insurance Agents Insurance Agent Agents 263

Insurance Journal

JANUARY 26, 2025

A federal jury last week convicted a Maryland man for conspiracy to commit insurance fraud, money laundering, filing false tax returns and identity theft, according to the office of U.S. Attorney for the district of Maryland. According to court documents …

Theft 261

Theft Insurer Insurance Insured 261

Insurance Journal

NOVEMBER 13, 2024

An Iowa couple pleaded guilty to insurance fraud, forgery and theft, the Iowa Insurance Division announced. Des Moines – Lance Seastrand, age 52, and his wife, Staci Seastrand, age 56, of Davenport, were sentenced on October 31, 2024, after pleading …

Theft 246

Theft Insurer Insurance Insured 246

Insurance Journal

DECEMBER 3, 2024

A new report on emerging risks affecting wealthy households — those with assets of $500,000 to $5 million — highlights climate change, theft of collectibles and cybersecurity as top concerns. Chubb’s new “2024 Wealth Report: Cultivating Resilience in a Changing …

Cyber 289

Cyber Theft Risk Insurer 289

Insurance Journal

AUGUST 21, 2024

It took seven people, 15 seconds and a fire extinguisher. With that, a seven-person crew from Pennsylvania made off with more than $60,000 in luxury goods from the Chanel store in the posh Tysons Galleria mall in northern Virginia back …

Theft 261

Theft 261

Insurance Journal

MARCH 20, 2025

Efrain Alatorre Camarena was charged with felony theft for allegedly collecting workers comp payments while discreetly working at another dairy farm. A Washington farmhand faces felony charges for reportedly stealing more than $122,000 workers’ compensation benefits. A Washington State Department …

Workers Comp 147

Workers Comp Theft Compensation Workers Compensation 147

The Property Insurance Law Observer

MARCH 12, 2024

The United States District Court for the Western District of Washington decided an insurance coverage case involving Plaintiffs Benny and Guangying Cheung and Defendant Allstate Vehicle and Property Insurance Company. Plaintiffs argued that the damage was covered under the policy, primarily resulting from theft. State Farm Ins.

Theft 130

Theft Insurance Policy Policy Personal Property 130

Insurance Journal

DECEMBER 17, 2024

Massachusetts law enforcement officials report that 12 individuals identified as stealing 63 high-end vehicles totaling more than $2.6 million have been arraigned. Another individual related to the investigation has an outstanding warrant and has not yet been arrested. The takedown …

Theft 244

Theft Auto Insurance Insured Insurer 244

Insurance Journal

OCTOBER 8, 2024

The leader of a regional organized theft crew, who orchestrated the thefts of catalytic converters from nearly 500 vehicles across the region, multiple jewelry store robberies and the stealing of banks’ automated teller machines has been sentenced in federal court …

Theft 264

Theft Insurance Claim Auto Insurance Claim 264

Insurance Journal

DECEMBER 8, 2024

Medical device maker Insulet convinced a jury that Korean rival EOFlow owes it $452 million in damages for stealing trade secrets related to insulin pumps, according to a verdict made public in Massachusetts federal court on Thursday. The jury in …

Damage 242

Damage Theft 242

Insurance Journal

DECEMBER 12, 2024

The CEO of one of California’s largest vocational return to work counseling centers appeared in court this week after being charged with 23 felony counts including insurance fraud, theft and forgery. Hazel Ortega, 53, of La Habra, was charged after …

Theft 231

Theft Insurer Insurance Insured 231

Property Insurance Coverage Law

AUGUST 14, 2024

Fires, thefts, and other unexpected events can bring business to a halt, leading to significant revenue losses. That’s where business income insurance comes in. Business income insurance, also known as business interruption insurance, helps cover the loss of income … The post What Is Business Income Insurance?

Business Interruption 203

Business Interruption Theft Insurer Insurance 203

Insurance Journal

MARCH 20, 2025

Okolo, of Parkville, Maryland, with theft of property valued at $100,000 or more. A grand jury for Baltimore County has handed down an indictment charging Michael C. This is the third time since September 2024 that Okolo has been indicted …

Insurance Agents 200

Insurance Agents Insurance Agent Theft Agents 200

Insurance Journal

FEBRUARY 27, 2025

A carpet-cleaning claim and a fake theft of a Hyundai has led to guilty pleas for two people for insurance fraud in Washington. Seattle resident Jason Weisfeld of Federal Way, Washington, and Fedaa Shakir, both pleaded guilty to submitting false …

Claim 205

Claim Theft Insurer Insurance 205

Insurance Journal

JULY 17, 2024

A New Jersey man has admitted to orchestrating a multistate car theft and fraud ring that involved tracking drivers, programming keys, stealing their cars, and reselling their vehicles. Attorney Philip R. Sellinger said that Warren Guerrier pleaded guilty before …

Theft 264

Theft 264

Insurance Journal

FEBRUARY 26, 2025

Thieves have targeted freight trains running through the deserts of California and Arizona in a string of audacious heists resulting in the theft of more than $2 million worth of new Nike sneakers, including many that haven’t hit the retail …

Theft 241

Theft Inland Marine Marine 241

Insurance Journal

FEBRUARY 26, 2025

Thieves have targeted freight trains running through the deserts of California and Arizona in a string of audacious heists resulting in the theft of more than $2 million worth of new Nike sneakers, including many that haven’t hit the retail …

Theft 223

Theft Inland Marine Marine 223

Insurance Journal

FEBRUARY 10, 2025

Regarding the theft that law enforcement officials say could be tied to the sky-high cost of eggs, … Police are trying to crack a whodunit over the heist of 100,000 eggs from the back of a trailer in Antrim Township, Pennsylvania.

Theft 241

Theft Insured Insurer Insurance 241

Insurance Journal

DECEMBER 10, 2024

million in fines for wage theft restitution and civil penalties against 19 car washes in the South Bay area of Los Angeles County and in Orange County. The California Labor Commissioner’s Office issued $1.3 The LCO reportedly found that the …

Theft 245

Theft Workers Compensation Compensation 245

Frankenmuth Insurance

OCTOBER 31, 2024

Employee theft accounts for some of the highest losses among small business owners every year. Follow these six tips to prevent employee theft and protect your small business. Surveillance can be helpful in catching theft, but it should be subtle. Higher wages can help prevent theft. Perform a background check.

Theft 93

Theft Crime Protection Building 93

Central Insurance

NOVEMBER 15, 2024

Learn about the essential types of insurance for retail stores and how to protect against risks like theft, liability, and property damage. The post 5 Types of Insurance for Retail Stores appeared first on Central Insurance Blog.

Property Damage 130

Property Damage Theft Liability Damage 130

Insurance Journal

MARCH 6, 2025

million over wage theft and sick leave violations. The California Labor Commissioner’s Office took the action against Food Source LLC, a Buena Park restaurant, issuing penalties for wage theft and … A Southern California restaurant has been fined more than $1.1

Theft 147

Theft 147