While charges are for $2.7 million, it is believed a total of $20 million has been underpaid in premiums since 2018. (Credit: 5m3photos/Shutterstock.com) While charges are for $2.7 million, it is believed a total of $20 million has been underpaid in premiums since 2018. (Credit: 5m3photos/Shutterstock.com)

The owner of a New Jersey truck repair shop and eleven others are being charged with racketeering, insurance fraud and theft by deception for their involvement in a plan, which resulted in the underpayment of $2.7 million in premiums in 2021, according to the Warren County Prosecutor's Office.

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Christine G. Barlow, CPCU

Christine G. Barlow, CPCU, is Executive Editor of FC&S Expert Coverage Interpretation, a division of National Underwriter Company and ALM. Christine has over thirty years’ experience in the insurance industry, beginning as a claims adjuster then working as an underwriter and underwriting supervisor handling personal lines. Christine regularly presents and moderates webinars on a variety of topics and is an experienced presenter.