Owners of Towing Companies Accused of $5.9M Premium Fraud Scheme

The California Department of Insurance announced that two brothers who own tow truck businesses were arrested Wednesday on multiple counts of insurance fraud for allegedly scheming to reduce their workers' compensation premiums by nearly $5.9 million. The department said it launched an investigation after receiving two fraud referrals from a carrier alleging that Mark Hassan, 46, owner of Hadley Tow, underreported his company's payroll. The department expanded the investigation when it received a third referral alleging that his 35-year-old brother, Ahmed Hassan, owner of California H...