Allstate Wins $46 Million Judgement In RICO Suit Over Health Claims

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By Kurt Orzeck

Law360, New York (April 08, 2015, 9:35 PM ET) — A New York federal court on Wednesday entered a $45.7 million default judgment in favor of Allstate Insurance Co. and other insurance companies in their Racketeer Influenced and Corrupt Organizations Act suit alleging a vast money-laundering conspiracy to bill for fraudulent health claims.

U.S. District Judge Sandra L. Townes had ordered the $45.7 million sum on Mar. 31 after adopting a magistrate judge’s report and recommendation backing the insurance companies’ request for default judgment. The report said certain defendants had been properly served with the summons…
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