The Louisiana Department of Insurance has ordered a Texas father-and-son public adjusting team to pay a $50,000 fine for pocketing money that was intended for insurance claimants. The department on Aug. 18 revoked the public adjuster license issued to Kade …
A public adjusting firm that was cited by regulators in both Texas and Louisiana for allegedly pocketing insurer payouts has also received cash advances from financing companies over the past several months, documents obtained by the Claims Journal show. At …
The Texas Department of Insurance says a public adjusting firm that was sanctioned last month by Louisiana regulators has pocketed more than $300,000 in insurer payouts intended for Texas property owners. TDI is asking the Texas State Office of Administrative …
Insurance Agent Pleads Guilty to Embezzlement The chief executive officer of a Taunton, Massachusetts insurance agency pleaded guilty to embezzlement charges in a scheme that stole $295,278 from local businesses, state Attorney General Maura Healey’s office said Friday. David G. …
Federal prosecutors have charged nine individuals in an alleged racketeering conspiracy that they say took control of a Brooklyn damage restoration company and used violence and threats to intimidate competitors and dominate the emergency mitigation industry in New York City. …
Homeowners and public adjusters may now feel a little more emboldened to record an insurance adjuster’s inspection of a home, after a Florida appeals court ruled in favor of the practice last week – the third such ruling in as …
Arch Appoints 3 Claims Handlers Arch Insurance International, a global insurer based in London, has appointed Janet Brook, Sheena Hooda and Tilly Milnes as senior claims handlers. Brook and Milnes have joined Arch’s financial institutions claims team. Hooda was appointed …
In another case involving the notorious Strems Law Firm, a Florida man has been charged with operating as an unlicensed claims adjuster and promising homeowners free roofs and kitchens to be paid for by an insurance carrier, state authorities said. …
The Florida property insurance community was abuzz this week after word got out that a closely watched complaint about some public adjusters’ apparent conflicts of interest had been withdrawn. The head of investigations for Universal Property & Casualty Insurance, one …
Sedgwick Adds 2 More Auto Appraisers to Portfolio Sedgwick, the global claims administration provider based in Memphis, Tenn., has acquired Automotive Damage Appraisers of the Southwest and Metro Appraisal. The acquisitions expand the reach and scale of Sedgwick’s auto claims …