Insurance
Aug. 7, 2001
Scam Victims May Collect Civil Damages
SAN FRANCISCO - Insurers that fell victim to a massive fraud scam in the so-called "Alliance" scandal of the 1980s may recover as much as $20 million in damages in their civil racketeering suit against the scheme's mastermind.
SAN FRANCISCO - Insurers that fell victim to a massive fraud scam in the so-called "Alliance" scandal of the 1980s may recover as much as $20 million in damages in their civil racketeering suit against the scheme's mastermind.
In a 3-0 opinion, the 9th U.S. Circuit Court of Appeal...
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