March 15, 2010
Florida officials reported the arrests of five individuals involved in defrauding Zurich Insurance Group, including a Zurich claims adjuster Donald Alfred Toohey, III. Those arrested were accused of creating multiple falsified and fabricated claims in excess of $240,000. The arrests …
March 5, 2010
Here’s why working with a public adjuster can be good for an independent insurance agency and for its customers: 1. After a disaster, insureds have hundreds or even thousands of questions and worries. In a large-scale disaster, many of your …
February 24, 2010
A former claims adjuster for Progressive in Maryland has been sentenced for stealing more than $39,000 from the insurer, according to the state’s attorney general. Chae Hyong Chu, has been sentenced on a single count of felony theft. Montgomery County …
February 19, 2010
Officials at the Maryland Zoo in Baltimore say $1.5 million in damage after two recent snowstorms will delay the attractions’ opening by up to a month. Insurance adjusters declared the Maryland aviary a total loss, the African aviary was heavily …
February 18, 2010
City of Commerce, Calif., resident Richard Lewis Johnson has pled no contest to one count of grand theft of workers’ compensation payments and was placed on three years probation and ordered to pay $20,714 in restitution to Avizent Risk Management, …
February 16, 2010
Financial stress is the number one reason residential dwellings are intentionally torched, but proving the act of arson is not that easy. In fact, Federal Bureau of Investigation statistics for 2007 show only around 6 percent of arson offenses of …
February 3, 2010
“How have the writing skills of property/casualty adjusters changed over the past 20 years? What factors have led claims letters to be better or worse than in the past?” I posted this question for discussion on a Linkedin claims group …
January 27, 2010
Property/casualty insurance provider, Zurich, has named Steve Gillen as global head of Marine Claims. Gillen will work closely with regional marine leadership and regional claims organizations to enhance Zurich’s claims proposition in support of the global marine specialty practice, and …
January 27, 2010
A man who worked for the Louisiana Oilfield Contractors Association has pleaded guilty to charges he fraudulently billed his employer for nearly $300,000 in expenses and used some of the money to purchase a health club. Thirty-six-year-old Edward Paul Verdin, …
January 5, 2010
A former insurance adjuster in Missouri has been sentenced to two months in jail for stealing more than $1 million from his employer. Sixty-year-old Robert Riebold of Jefferson City, Mo., also was ordered to pay restitution. Authorities claim in court …