Shenango to get $400,000 from bonding company - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
November 17, 2015 Newswires
Share
Share
Post
Email

Shenango to get $400,000 from bonding company

New Castle News (PA)

Nov. 17--Shenango Township will get $400,000 from a bonding company for alleged missing funds in an ongoing criminal investigation.

Township solicitor Lou Perrotta announced at the supervisors' meeting Nov. 12 that after months of negotiating, Selective Insurance Company, which held the fidelity bond for former township secretary-treasurer Brian Tanner, had settled on that amount with the township.

The settlement falls $252,000 short of the amount allegedly missing from the township funds in an ongoing case against Tanner.

Tanner, 50, is under indictment for more than 500 counts of forgery and theft and other offenses following an investigation into township funds that allegedly disappeared during his tenure. Although questionable expenditures initially were set at more than $1 million, the unauthorized expenditures Tanner is alleged to have made were estimated at $652,000 by District Attorney Joshua Lamancusa. An investigation into bank and credit card records dating back several years continues as officials try to determine the actual amount they say is missing.

Perrotta said the township could seek additional money if anyone else is charged in the case and it could also seek to seize Tanner's assets if he is convicted.

Tanner's personal assets were ordered frozen after a court hearing in October.

(Email: [email protected])

___

(c)2015 New Castle News (New Castle, Pa.)

Visit New Castle News (New Castle, Pa.) at www.ncnewsonline.com

Distributed by Tribune Content Agency, LLC.

Older

Ringleader pleads guilty in Discovery embezzlement case

Advisor News

  • How can more Americans achieve financial independence?
  • Savers vs. spenders: How money management attitudes impact financial confidence
  • Demonstrating the value of life insurance to Gen Z
  • Poor money habits are a dealbreaker in a new relationship
  • DC plan sponsors see opportunity in alternatives
More Advisor News

Annuity News

  • The next growth phase in life/annuities depends on modernization
  • CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
  • KBRA Assigns Rating to TruSpire Retirement Insurance Company
More Annuity News

Health/Employee Benefits News

  • Senators press healthcare insurers over denials Senators press UnitedHealthcare and other Medicare Advantage giants over payment denials
  • Scott’s Executive Order on Health Insurance – Julie Wasserman
  • 'Pray nothing major happens'
  • Wyoming families are facing an impossible choice: Pay for health insurance or pay the bills
  • Doctors 'Cringe' At Possibility Of Documenting Which Medicaid Enrollees Too Sick To Work
More Health/Employee Benefits News

Life Insurance News

  • Regulators: ‘No firm conclusions’ from first offshore reinsurance filings
  • Allianz Life Study Finds Americans Struggle to Shift From Retirement Saving to Spending
  • The next growth phase in life/annuities depends on modernization
  • How can more Americans achieve financial independence?
  • AM Best Assigns Credit Ratings to MAAGAP Insurance Inc.
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet