California man ordered to pay millions for contractor insurance fraud When it comes to getting insurance, fraud doesn't pay. Richard Lopez Escamilla Jr. found that out in a big way. The Fresno, California contractor was ordered to pay over 4 million dollars in fines, according to the State Department of Insurance, amidst allegations that that he lied to get lower rates. This gave him a financial and competitive advantage over honest companies, and allowed him to secure contracts he otherwise would not have been able to. ... December 17, 2013By Aegis Insurance Contractor Insurance California , Contractor Insurance Fraud 0 Comment Read More »
Workplace accident showcases importance of California business insurance Workplace accidents can happen in any industry across the country, and business managers must ensure they are equipped with the right insurance solutions to mitigate any challenges that could arise from an unforeseen incident. This is particularly true in industrial organizations, where the natural environment may present more physical risks than a standard office setting. If risks are not properly managed, the financial consequences could be dire. For example, a Maine man recently received a ... September 24, 2013By Aegis Insurance Business and IT Insurance California, Workplace Accident 0 Comments Read More »
