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FBI Targets Insurers in Widening Fraud Probe; Industry Responds
National News • May 5, 2005
The insurance industry, already under scrutiny by state and federal authorities for various practices, now faces another questioner. The Federal Bureau of Investigation has launched a probe of the ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: LAWYERS AND JUDGES | LARRY LOGIC | Mar 19, 2009, 2:04 pm |
| RE: Workmen's Compensation | bill knight | Mar 18, 2009, 8:52 pm |
| RE: Workmen's Compensation | charles | Oct 10, 2007, 6:57 pm |
| SCIF Broke? | Michael Johns | Aug 21, 2006, 5:10 am |
| RE: RE: FBI Investigates Insurance Industry Fraud | Kathy | May 24, 2006, 12:36 pm |
| RE: FBI Investigates Insurance Industry Fraud | Angry Spouse | Dec 5, 2005, 5:52 pm |
| Hawaiian Investors | Royal Catbird | Oct 22, 2005, 1:20 pm |
| RE: Workmen's Compensation | Rick | Oct 4, 2005, 10:24 pm |
| Workmen's Compensation | MJC | May 20, 2005, 10:35 am |
| Tri-City Wholesale Brokers; The Worst of the Bunch | concerned observer | May 15, 2005, 12:45 pm |
| RE: RE: FBI Investigates Insurance Industry Fraud | Overlooked | May 11, 2005, 5:13 pm |
| RE: FBI Investigates Insurance Industry Fraud | LEGAL EAGLE | May 9, 2005, 6:19 pm |
| RE: RE: Wormwood | Laura Jeanne Pyne | May 7, 2005, 2:46 pm |
| RE: FBI Investigates Insurance Industry Fraud | imafraud | May 7, 2005, 8:53 am |
| RE: FBI Investigates Insurance Industry Fraud | No Name | May 6, 2005, 11:15 pm |
| FBI | anonymous | May 5, 2005, 7:05 pm |
| RE: RE: FBI Investigates Insurance Industry Fraud | Small Potatoes | May 5, 2005, 1:49 pm |
| FBI Article | John Diesel | May 5, 2005, 1:24 pm |
| RE: FBI vs. Insurance companies | Greed | May 5, 2005, 1:19 pm |
| RE: RE: FBI Investigates Insurance Industry Fraud | Chris | May 5, 2005, 1:19 pm |
| RE: FBI Investigates Insurance Industry Fraud | Jack Webb | May 5, 2005, 1:00 pm |
| RE: FBI Investigates Insurance Industry Fraud | mike f | May 5, 2005, 12:48 pm |
| FBI Investigates Insurance Industry Fraud | Good news, bad news | May 5, 2005, 12:27 pm |
| Back to article | ||
Subject: RE: RE: FBI Investigates Insurance Industry Fraud
I just hope the ill deeds of the "partiers" won't ruin it for the professionals.
I'm happy to see the PEO industry under scrutiny. This "industry" (work comp delivery system) circumvents many of the regulations and professional protocals that are inherent within the standard (work comp delivery system)which are institued to protect the consumer and promote actuarily sound risk placment and pricing.
The FBI won't be inquiring about regulatory inequities, HOWEVER, you and I as professional insurance agents, selling work comp via the standard delivery system SHOULD BE.
It's ironic, but the fewer strings attached, may increase ones propensity to hang himself.
Will be interesting to see if the FBI sends any PEO's to the gallows.