The California Department of Insurance is trumpeting the arrest of the owner of a janitorial and pest control company on multiple counts of suspected workers’ compensation insurance premium fraud.
Teresa Reif, 31, president of San Mateo, Calif.-based Genesis Building Services Inc. was arrested in San Mateo County after surrendering to the Redwood City Police Department. The arrest stems from workers’ compensation insurance Genesis purchased through Redwood Fire & Casualty Insurance Co. (Redwood) and the State Compensation Insurance Fund (SCIF).
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