Monthly Archives: <span>April 2011</span>

California Bagel Company Owners Ordered to Pay Restitution

Posh Bagel owners Cheryl Lee, Jeffrey Ottoveggio, and Bruce Campbell, were sentenced in Santa Clara County Superior Court on unemployment insurance tax fraud and workers’ compensation insurance fraud counts, according to California State Insurance Commissioner Dave Jones. According to authorities, …

‘Top 10’ Wedding Cancellation Insurance Claims in UK

Voyager, a niche insurance specialist in the UK, has published the top ten reasons couples make wedding insurance claims on or prior to their big day. The list based on frequency, not value, is as follows: 1) Bankruptcy/liquidation of dress …

Florida Insurance Company Owners Guilty of Diverting Funds

A Miami-Dade Circuit Court entered a $76 million judgment against Aries Insurance Company former owners, Marcos Fraynd and his children Paul Fraynd, Saul Fraynd and Fanny Fraynd, who were found guilty of diverting funds for personal use. Aries, a personal …

Fire Damages 5 Buildings in Wisconsin

Fire has destroyed three buildings and damaged two others in downtown Cassville. Twelve people lost their apartment homes and possessions in the fire which broke out about 3 a.m. Tuesday. Grant County Emergency Management spokeswoman Julie Loeffelholz says the fire …

OSHA Cites Texas Bakery Following Finger Amputation

Lone Star Bakery Inc., a private commercial bakery that employs about 500 workers, has been cited by OSHA for 32 serious, one repeat, and 16 other-than-serious violations following following a finger tip amputation incident on the pie processing line and …

OSHA Fines Arkansas Aluminum Company

Pocahontas Aluminum Co. Inc., a company that employs about 85 workers and manufactures aluminum window and door products, has been cited by OSHA with 19 alleged serious and five alleged repeat safety and health violations at the company’s facility in …

Woman Admits $490K Employee Benefit Funds Embezzlement

A Tennessee woman told a federal judge in Baton Rouge, La., that she embezzled over $491,000 in benefits intended for employees of union contractors in five states. Theresa Waters, 45, of Murfreesboro, pleaded guilty to one count of embezzlement from …

Recession Marked by Bump in Uninsured Motorists

Across the nation, chances are roughly one in seven that a driver is uninsured, according to an Uninsured Motorists study conducted by the Insurance Research Council (IRC). Nine insurers contributed data to the study, representing approximately 50 percent of the …

Minnesota Appeals Court Reverses Cirrus Case Award

The Minnesota Court of Appeals says Duluth-based Cirrus Design did not have a duty to provide pilot training to a Grand Rapids man whose plane crashed in 2003, killing him and his passenger. The opinion published Tuesday essentially vacates a …

Pennsylvania Garage Used Forklift in Fraud Scheme

Prosecutors in Philadelphia say an auto body repair business used a forklift fitted with car bumpers as part of large-scale insurance fraud scheme involving a police officer and seven insurance appraisers. Authorities charged 11 people Tuesday with offenses ranging from …