public adjuster News

Louisiana Police Arrest Public Adjuster Accused of Pocketing Clients’ Checks

Louisiana State Police arrested a Texas public adjuster for allegedly pocketing $592,000 from settlement checks that were intended for seven former clients by forging the homeowners’ signatures. Andrew Joseph Mitchell, 43, voluntarily surrendered to state police at the St. Charles …

Fla. Plaintiff’s Attorney Disbarred, Public Adjuster May Lose License

Florida officials have taken strong action against two of the insurance industry’s most-detested adversaries, disbarring a notorious plaintiffs’ attorney who filed thousands of frivolous claims lawsuits, and moving to revoke the license of a public adjuster that obstructed insurers in …

Public Adjuster Accused of Pocketing Settlement Checks Says No Penalty Warranted

An attorney for the Texas public adjuster accused of pocketing $7.6 million in insurer settlement checks told an administrative law judge that the case doesn’t warrant any administrative penalties and if any restitution is ordered, it should be limited to …

Amended Complaint Says Texas Public Adjuster Losses Near $8 Million

A public adjuster who is accused of pocketing insurance payouts intended for policyholders took a total of $7.9 million from 14 customers, including four churches, according to an amended complaint filed by the Texas Department of Insurance. The Texas State …

Two More Arrested in Long-Running Operation Rubicon Investigation

Those familiar with insurance fraud schemes in Florida will remember Operation Rubicon. That was the year-long investigation by Miami-Dade and Florida authorities into an alleged property insurance fraud scheme that involved public adjusters, restoration companies, insurance agents, a police officer …

LDI Fines Public Adjuster Accused of Pocketing Insurer Payouts

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 …

Public Adjuster Accused of Scamming Claimants Took Cash Advances on Commissions

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 …

Public Adjuster Firm Accused of Pocketing $600K in Insurer Payouts in 2 States

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 …

Claims Fraud: Insurance Agent, Public Adjuster, Auto Repair Shop Owner

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. …

Prosecutors Say Criminal Gang Took Control of Emergency Mitigation Industry in NYC

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. …