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Tez Romero

Reporter

Indexed articles, last 90 days
124
Latest publication
Sep 29, 2026
Outlet visibility, for Insurance Business America
Top 500K sites
Earliest in this view
Jul 6, 2026

Latest articles

  1. Article · Sep 29, 2026 · Tez Romero

    Four pharmacies, one pain cream playbook, $1.49M in alleged no-fault fraud (opens the original)

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    What happened: Allstate alleges four New York pharmacies billed more than $1.49 million in medically unnecessary pain creams through no-fault auto claims Who's involved: Allstate and affiliates versus Avi Pharmacy Corp., Castle Hill Drugs Inc., Frederick Community Pharmacy Inc., and H Plaza Pharmacy Inc. What's at stake: More than $589,000 in paid claims Allstate wants back, plus roughly $903,000 in unpaid claims it says it should not have to pay - with a federal racketeering law that could trip

  2. Article · Sep 29, 2026 · Tez Romero

    GEICO says two DME companies ran $1.9M phantom-billing scheme (opens the original)

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    What happened: GEICO alleges two DME shell companies billed $1.9 million for medically unnecessary equipment prescribed to fender-bender victims through forged prescriptions Who's involved: GEICO (plaintiff) against two DME supply companies and their listed owners What's at stake: More than $666,000 already paid, plus $952,000 in pending claims GEICO wants declared void Why it matters: The filing maps a playbook for rotating shell DME entities to evade insurer scrutiny under New York No-Fault Wh

  3. Article · Sep 29, 2026 · Tez Romero

    "The fraud is us": insurer says it shouldn't have to cover brand's fake fraud-alert email (opens the original)

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    What happened: Great American alleges it has no duty to defend or cover Beis and Pattern Beauty in six class actions over allegedly deceptive marketing emails Who's involved: Great American (insurer), Beis LLC and Pattern Beauty LLC (policyholders), and plaintiffs in six underlying class actions What's at stake: Defense costs already paid under reservation of rights, plus primary policy limits of $1 million per occurrence and $2 million aggregate across five policy years, with $8 million excess

  4. Article · Sep 29, 2026 · Tez Romero

    Arch sues Burlington and Navigators over abandoned additional insured (opens the original)

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    What happened: Arch Insurance alleges two carriers refused to settle an injury claim on behalf of a contractor they were obligated to cover Who's involved: Arch Insurance, The Burlington Insurance Company, Navigators Specialty Insurance Company, Quality Traffic Control Inc., Herzog Contracting Corp. What's at stake: Settlement costs, attorneys' fees, and potential vexatious-refusal damages under Missouri law Why it matters: The case tests whether a primary insurer can exhaust its limits for one

  5. Article · Sep 28, 2026 · Tez Romero

    Scottsdale says creditors exclusion bars D&O coverage for BioQ (opens the original)

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    What happened: A D&O insurer alleges a creditors exclusion bars coverage for a pharma company sued by its own lender Who's involved: Scottsdale Insurance Company (Nationwide) and BioQ Pharma What's at stake: Up to $4 million in D&O policy limits, plus defense costs already incurred Why it matters: Tests whether a creditors exclusion applies when the claimant is both a secured creditor and a shareholder Where it stands: Filed September 25, 2026, in federal court Sixteen forbearance agreements, mo

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