Feb. 14— Historic buildings of Spokane have lost one of their greatest advocates. Architect and developer Richard Ronald "Ron" Wells, who championed dozens of projects that reshaped, preserved and enhanced the character of Spokane's downtown before bizarre legal troubles derailed his reputation, died Sunday evening. Bill Main, 71, the owner of Re/Max of Spokane,…
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The IRS said the perpetrators created several profiles on online dating and social media sites and then contacted men and women throughout the United States and elsewhere, cultivating a sense of affection. While Ibrahim did not commit the romance fraud itself, the IRS said he controlled these accounts and laundered the funds. The IRS said Ibrahim knew that the…
"I haven't seen the evidence to justify such a drastic rate increase on North Carolina consumers," Commissioner Causey said. North Carolina consumers deserve a more thorough review of this proposal. The N.C. Rate Bureau, which represents companies that write insurance policies in the state, is not a part of the Department of Insurance.
They forged the signatures of Justin Bieber, Billie Eilish and Post Malone. Now, after cutting plea deals in Miami federal court, Terronce Morris and Blake Kelly will face the music. Morris, who pretended to be a Texas music producer, pleaded guilty Tuesday to wire-fraud conspiracy and identity theft charges in Miami federal court.
–Today, the National Association of Insurance Commissioners announced its 2024 strategic priorities. NAIC Members annually finalize the priorities and discuss potential workplans after assigning committee responsibilities. The NAIC's regulatory priorities for 2024 reflect our commitment to pursuing innovative and effective solutions to the most…
Last week, a Washington, D.C., jury awarded Mann more than $1 million in punitive damages against two right-wing writers who had accused him of research fraud. They ruled that the online posts written by Rand Simberg and Mark Steyn breached the legal standards applied to defamation lawsuits involving a public figure such as Mann— that their writings asserted…
Ponzi scheme losses to Ohio bank are insurable, court rules
Court rejects AIG’s claim that a bank’s losses from a Ponzi scheme run by one of its customers were not insurable.
CMS: MA insurers can’t use algorithms to deny care
The Centers for Medicare and Medicaid Services sent a memo to all Medicare Advantage carriers recently, clarifying that MA insurers are not allowed to use algorithms or artificial intelligence-powered tools as basis for denying care or coverage.
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for January. The actions are…
To help inform voters across the state, this candidate questionnaire is available to be republished by local publications in North Carolina without any cost. Please consider subscribing to The News& Observer to help make this coverage possible. Professional experience: Lifetime insurance agent, CLU, 29 years, NC House Insurance Committee.
While all 50 states have insurance commissioners, North Carolina is one of just 11 that elect their commissioners. On his campaign site, he argues that "more competition in North Carolina's insurance industry will provide lower rates for consumers and greater access to better products." One of his rivals for the GOP nomination, former state Rep.
The foursome– including one Milwaukee man, two Illinois cohorts and a man who lived in Maryland and Florida– were convicted on fraud charges last year. Prosecutors say the four pocketed more than $1.2 million in the scheme and used the cash to finance lavish lifestyles, including buying jewelry, living in a Ritz-Carlton hotel, going on a Las Vegas trip and buying…
NEW YORK- The judge presiding over Donald Trump's civil fraud case- set to issue a potentially earth-shattering verdict against him any day- wants to know if it's true that the former president's longtime finance chief, Allen Weisselberg, is preparing to admit he lied on the stand. In an email included in court documents filed Tuesday, Manhattan Supreme Court…
McCann is representing himself but has a so-called stand-by attorney, Jason Vincent of Springfield. District Judge Colleen Lawless that McCann's wife, Vicki, reported driving Sam McCann to a suburban St. Louis hospital Saturday after he became ill and passed out. Assistant U.S. Attorney Timothy Bass said he had subpoenaed the hospital for medical records and…
Jurors will return to court Tuesday to determine whether former Baltimore State’ s Attorney Marilyn Mosby committed mortgage fraud to buy two vacation homes in Florida. Prosecutors say Marilyn Mosby lied on mortgage applications, including neglecting to note she had a large outstanding federal tax debt, in order to be approved for loans to buy the homes.
But in November, Crahen's employment with the Amherst- based energy company was terminated due to what National Fuel called "dishonesty during an internal audit." As National Fuel dug deeper, its attorneys claim in court records, it found Crahen "was manipulating the purchasing process," allegedly leading a scheme that defrauded the company of as much as $1…
NY’s proposed AI rules seen as just the start for insurance carriers
New York’s recently proposed rules on how insurance carriers should use AI is a likely harbinger of what’s to come from U.S. regulators,
‘Annuity King’ prepares appeal from conviction, 15-year prison sentence
Phillip Roy Wasserman is expected to file an appeal today from his fraud conviction and 15-year prison sentence.
Testimony in Marilyn Mosby's mortgage fraud case wrapped up today as prosecutors took their last opportunity to challenge the defendant on her central narrative:. "You testified that in July 2020 you knew you owed the IRS money," asked Assistant U.S. Attorney Aaron Zelinsky. After many back and forths and sidebars– plus a suggestion from U.S. Judge Lydia Kay…
A Suffolk Superior Court jury has concluded that two Stoughton real-estate brokers took advantage of an uneducated contractor with mortgage problems to force him out of his home on Greenbrier Street in Dorchester and turn a tidy profit on the property. In a verdict reached last month, the jury awarded Christopher St. Louis, formerly of 27 Greenbrier St., $1.5…
