A former Butler County, Pennsylvania insurance broker has been sentenced to 21 months in prison and ordered to pay back $288,000 that he misappropriated from clients.
David Giancola, of Cranberry, pleaded guilty in May to one count of mail fraud. Six other mail fraud counts were dropped.
Prosecutors say Giancola concealed the misappropriation by taking out loans in the names of some clients to pay the premiums. Authorities say 39 clients were affected.
Giancola was sentenced this week in U.S. District Court in Pittsburgh.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Public Adjuster Coalition Unveils Ethics Code, Plans Complaint Board 
Slips, Trips And Falls: Why It’s Important to Get Ahead of An Incident 
Agentic Intelligence for Claims Dominates New Tech Launches 
Apollo’s Rowan Blasts Regulators for Handling of Walter Insurers 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.