Macedonian authorities say 29 people, including 17 police officers, have been arrested on allegations they staged car accidents to collect on insurance claims. Interior Minister Gordana Jankulovska on Wednesday said the alleged scam, using damaged cars to stage new accident …
Officials with the Federal Emergency Management Agency say nearly $349 million in disaster aid has been approved so far for Pennsylvania residents affected by two recent storms. According to updated figures released by FEMA on Friday, almost 93,000 people have …
An insurance industry service that tracks catastrophe losses has sharply raised its estimates for August’s Hurricane Irene, projecting insured property damage of $4.3 billion from the first hurricane to hit the United States in three years. Property Claim Services, which …
North Carolina’s insurance commissioner says residents need more time to file insurance claims stemming from losses suffered during Hurricane Irene. Wayne Goodwin sent a letter on Friday to Federal Emergency Management Agency officials asking for an extension of the Nov. …
The federal government has sued one of the nation’s largest privately held mortgage brokers in New York. It says the company committed lending fraud as the government was paying $834 million in insurance claims. The lawsuit was filed Tuesday in …
Multiple suspects in an insurance fraud ring have been arrested as a result of indictments handed down by a Contra Costa County Grand Jury, it was announced on Wednesday. The arrests are a result of a two-year investigation by California …
Insurance claims from earthquakes in Japan and New Zealand, floods in Australia and tornadoes in the United States drove Lloyd’s of London to its biggest-ever first half loss, the insurance market said Wednesday. Lloyd’s, which has no connection with Lloyds …
A businessman and his partners in Mississippi say waterproof, windproof video cameras, mounted on utility poles could help ease the filing and awarding of insurance claims. Darrell Jones says the system he’s been working on for years would record damage …
The financial toll from tornadoes that ravaged Springfield and several smaller Massachusetts communities has risen to an estimated $175 million. The state’s Division of Insurance estimated Wednesday that residents and businesses have filed 9,500 insurance claims for damage caused by …
Massachusetts insurance officials have updated estimates on insurance claims resulting from this month’s Western and Central Massachusetts tornadoes, with 8,200 claims totaling an estimated $140 million having been reported by insurance carriers. On June 7, the Massachusetts Division of Insurance …