Wendall Parson from Zimbabwe was one of the show’s winners and has now been arrested. One of the two winners of Big Brother Africa Amplified, in 2011, Wendall Parson from Zimbabwe, has just been arrested by police on allegations of auto insurance fraud. The celebrity is said to have been involved in a fraudulent policy scam worth $25,000. Police arrested Parson on the insurance fraud allegations on Friday, according to Superintendent Andrew Phiri, a police spokesperson who made the announcement of the arrest on Sunday. The accusation against Parson is…
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Insurance news from the ORNGE scandal in Canada deepens
It has now been revealed that the company spent taxpayer funds on a $10 million life policy for the CEO. According to the latest insurance news from the provincial government in Ontario, Canada, ORNGE, a company that is already wracked with scandal in terms of its taxpayer money spending, used public funds to purchase a $10 million life policy for Dr. Chris Mazza, the former CEO of the company. That coverage is estimated to have cost taxpayers $450,000 according to the Tory report. The insurance news deepened when it was…
Read MoreFlorida insurance company of last resort publishes internal complaint list
The release occurred in an effort toward transparency and to clear its name of its many misconduct scandals. Citizens has been making considerable Florida insurance news headlines over the last while, as word of corporate misconduct and improper spending scandals continue to make their way to the media, so the company has now changed tacks and has released a massive list of 474 different internal complaints. Its goal was to show that it has been properly handling any misconduct allegations that it has received. Unfortunately, this list has also revealed…
Read MoreInsurance news from Barclay’s scandal increases total to $4.1 billion
The mis-selling scam from the bank has experienced yet another massive charge. Barclays Bank PLC is making insurance news yet again with another massive mis-selling charge, adding to a long list of others that have been reported by Insurance News Report over the last few months. The British bank is continually hounded by new discoveries of scandalous selling practices. Authorities in the United Kingdom have been investigating the fundraising that the bank has received from Qatar during the worst of the crisis in 2008. The investigations have been ongoing since…
Read MoreInsurance news scandal and media fire response from Citizens
The Florida homeowners insurer of last resort says that the dramatic reports are misleading. The homeowners insurer of last resort in Florida is now responding to the latest insurance news that includes heavy media fire regarding the scandal that surrounds the closure of the company’s watchdog department. Citizens says that much of the media coverage is highly misleading and is quite inaccurate. The CEO of the state backed insurer gave his own insurance news statement. Barry Gilway did agree that there have been a small group of supervisors within the…
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