theft News

$1 Million in Hermes Handbags Stolen from Florida Store

PALM BEACH, Fla. (AP)–More than a dozen one-of-a-kind Hermes handbags with an estimated value of about $1 million were stolen in a smash-and-grab burglary from a boutique store in South Florida, the store owner said. The unique luxury bags were …

Greek Construction Worker Arrested for Picasso Work Theft

ATHENS, Greece (AP) — A painting donated to Greece by Pablo Picasso will go back on display at the newly renovated National Gallery in Athens following its recovery more than nine years after it was stolen and the arrest of …

Adjuster’s Comment About ‘Homeys’ Enough to Allow Discrimination Claim to Proceed

A claims adjuster’s comments about “homeys” and “you people” when talking to a South Chicago property owner were enough to merit further proceedings on a discrimination claim against State Farm Fire & Casualty Co. However, several counts that alleged a …

Misplaced Trust Leaves Business Owners Coping with Workplace Thefts

About the photo: Deb and Kevin Durken pose for a photo in their store The Boot Shack in St. Cloud, Minn. The bookkeeper for the Durken’s store forged checks and stole an estimated $225,000 over 10 years, Deb says. NEW …

Increased Metal Theft Risk at Vacant Properties Can Cause Costly Repairs

Despite attempts to control scrap metal sales, international demand has driven the theft of metals, especially copper. Metal thefts primarily occur at vacant properties and can leave building owners with substantial replacement and restoration costs. Oldham said the replacement costs …

Pennsylvania Woman Forges Insurance Check, Could Get Prison Term

A suburban Philadelphia, Pa., woman who pleaded guilty to forging her stepson’s signature on a $150,000 insurance check has been sentenced to six to 23 months in prison. Forty-eight-year-old Eleanor Leistrum of Bristol Township pleaded guilty in Bucks County in …

Theft is on the Move

Recently, the Nebraska Supreme Court was asked to decide whether theft coverage existed for a mover’s refusal to complete the delivery of an insured’s property unless the insured paid the movers additional money, in cash, or by wire transfer. In …

Philadelphia Thief Posed as Fire Inspector

Police say a man posing as a fire inspector has been arrested for robberies at cultural institutions in downtown Philadelphia. Investigators say 26-year-old Christopher Kieter was arrested after he signed his own name when checking into security desks at two …

Santa’s Sleigh Stolen From Connecticut Gift Shop

Santa’s sleigh has been stolen. The Hartford Courant reports that Glastonbury, Conn., police say a thief on Saturday stole the red wooden sleigh containing display gifts from Emmy Lou’s Ltd. gift shop. A vehicle was driven onto the sidewalk from …

Theft & Vandalism Claims Have Carriers on Edge in Vacant Property Segment

Insurers are restricting the availability of theft and vandalism coverage in the vacant property insurance market, where there is still plenty of available business. Vacant property provided a boost for some insurers looking for additional income to pad their books …