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A Bay Ridge insurance broker was busted for taking advantage of elderly residents by scamming them out of $2.5 million.
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A Bay Ridge insurance broker admitted on Tuesday to taking advantage of 21 elderly residents by scamming them out of $4.5 million in retirement plans and savings. Paul Simoneachi, 70, of Staten Island, was originally charged with scamming 13 people, including some Italian immigrants, by recommending they surrender their insurance policies and invest the money with him. He then pocketed almost $2.5 million. Since his arrest in September, eight more victims came forward raising the stolen funds to...
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At-Bay, the insurance company for the digital age, today completed the acquisition of At-Bay Specialty Insurance Company, a Delaware-dom...
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Refining the role of health insurance brokers could unlock a major augmentation of the US healthcare workforce.