Rampart Brokerage Hits Insurance Cos. With $20M Fraud Suit

Law360, Chicago (July 9, 2013, 1:40 PM EDT) -- Insurance broker Rampart Brokerage Corp. hit Riemer Insurance Group Inc. and several affiliates with a $20 million fraud and breach of contract suit in New York state court Monday, alleging that they misrepresented premiums and failed to provide proper coverage for Rampart's clients.

Rampart is accusing various Riemer companies and several individuals — including alleged company owner Stephen L. Riemer and Gregory Scarpa, purported president of alleged Riemer affiliate RIBS NY LLC — of breaching the agreement the parties entered into with the plaintiff in August...
To view the full article, register now.