Insurance Journal » Fraud http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Fri, 04 Sep 2015 12:09:26 +0000 en-US hourly 1 http://wordpress.org/?v=4.3 Former California Probation Officer Nabbed For Fraud While on Probation – for Fraud http://www.insurancejournal.com/news/west/2015/08/28/379984.htm Fri, 28 Aug 2015 15:09:39 +0000 http://www.insurancejournal.com/?p=379984 A former Los Angeles County probation officer, Robyn Palmer, 29, of Long Beach, Calif. was arrested Thursday on six felony counts of insurance fraud for allegedly forging documents to illegally collect disability insurance benefits while serving probation for another insurance …

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California Law Agencies Get $34.9M to Fight Workers’ Comp Fraud http://www.insurancejournal.com/news/west/2015/08/10/378012.htm Mon, 10 Aug 2015 15:28:14 +0000 http://www.insurancejournal.com/?p=378012 Insurance Commissioner Dave Jones has awarded $34.9 million in grants to 37 district attorney offices representing 42 counties in California to combat workers’ compensation insurance fraud. The grants are funded through employer assessments, and they support law enforcement efforts in …

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6 Sentenced in Large Cellphone Insurance Scam in California http://www.insurancejournal.com/news/west/2015/08/07/377847.htm Fri, 07 Aug 2015 15:50:28 +0000 http://www.insurancejournal.com/?p=377847 Six people involved in a mobile phone insurance scam in California have been sentenced on felony fraud charges after filing more than 1,300 claims for stolen and damaged phones totaling more than $500,000. The convicted scammers, including some Verizon Wireless …

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You’re In the Business to Protect…But Who’s Protecting You? http://www.insurancejournal.com/blogs/early-warning/2015/08/03/375011.htm Mon, 03 Aug 2015 10:46:32 +0000 http://www.insurancejournal.com/?p=375011 This post is part of a series sponsored by Early Warning. The insurance industry is comprised of more than 7,000 companies, which together collect more than $1 trillion each year in premiums. Today’s sophisticated fraudsters are well aware of the …

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Cal Fire Captain, Insurance Agent Brother Arrested For Insurance Fraud http://www.insurancejournal.com/news/west/2015/07/27/376439.htm Mon, 27 Jul 2015 20:46:24 +0000 http://www.insurancejournal.com/?p=376439 A California Fire captain and his insurance agent brother have been arrested for insurance fraud. Neal Moriarty, 38, a Cal Fire Captain, and Ross Moriarty, 42, a licensed insurance agent, were arrested last week on multiple felony counts of insurance …

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Utah Agent Sentenced to Prison and $1.3M in Restitution http://www.insurancejournal.com/magazines/features/2015/07/20/375060.htm Mon, 20 Jul 2015 00:00:00 +0000 http://www.insurancejournal.com/?p=375060 Utah insurance agent Brent Hilton was sentenced to serve one to 15 years in prison and has been taken into custody from the Third District Court in West Jordan. Hilton in July pled guilty to one count of a pattern …

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More Small Employers Using Video to Detect Workers’ Comp Fraud http://www.insurancejournal.com/news/west/2015/07/15/375258.htm Wed, 15 Jul 2015 23:15:17 +0000 http://www.insurancejournal.com/?p=375258 Trust is hard to come by, and the proof for that cliché is now in the pudding – at least in the world of workers’ compensation. While roughly one-in-10 small business owners say they’re concerned that one of their employees …

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Utah Agent Sentenced to Prison and $1.3M in Restitution http://www.insurancejournal.com/news/west/2015/07/08/374490.htm Wed, 08 Jul 2015 20:24:35 +0000 http://www.insurancejournal.com/?p=374490 Utah insurance agent Brent Hilton was sentenced to serve one to 15 years in prison and has been taken into custody from the Third District Court in West Jordan. Hilton pled guilty to one count of pattern of unlawful activity …

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Friday Afternoon Scam Cost Hedge Fund $1.2 Million – and CFO’s Job http://www.insurancejournal.com/news/international/2015/07/07/374238.htm Tue, 07 Jul 2015 09:40:41 +0000 http://www.insurancejournal.com/?p=374238 The finance chief at Fortelus Capital Management LLP got an alarming phone call just as he was getting ready to leave work on a Friday. The caller said he was from Coutts, the London-based hedge fund’s bank, and warned there …

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7 in California and Washington Charged With 100+ Counts of Auto Insurance http://www.insurancejournal.com/news/west/2015/06/24/372899.htm Wed, 24 Jun 2015 19:19:13 +0000 http://www.insurancejournal.com/?p=372899 Seven people in California and Washington were arrested for allegedly conspiring to defraud eight insurance companies by submitting fraudulent auto insurance claims totaling more than $175,000. Detectives from the California Department of Insurance, assisted by Snohomish County Marshall’s Office and …

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Utah Man on Hook for $97K for Montana Workers’ Comp Fraud http://www.insurancejournal.com/news/west/2015/05/29/369929.htm Fri, 29 May 2015 15:41:53 +0000 http://www.insurancejournal.com/?p=369929 A man who suffered a knee injury while working at the Montana State Prison in 2000 has acknowledged defrauding the state workers’ compensation fund by collecting disability benefits while running a construction company in Utah. Benjie Leroy Christensen, of Roosevelt, …

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Former New Mexico Teacher Files Suit Over Her 2012 Firing http://www.insurancejournal.com/news/west/2015/05/27/369537.htm Wed, 27 May 2015 15:50:33 +0000 http://www.insurancejournal.com/?p=369537 A former Rio Rancho, N.M. teacher says in a lawsuit that she was fired as a result of her involvement with a union and her outspoken criticism of school district officials. The Albuquerque Journal reported that school officials countered that …

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California Man Accused of Insurance Inspection Invoice Scam Nabbed http://www.insurancejournal.com/news/west/2015/05/26/369313.htm Tue, 26 May 2015 16:11:23 +0000 http://www.insurancejournal.com/?p=369313 A California man was arrested in Arizona on charges that he scammed hundreds of people in three states in a fire insurance inspection scheme. Robert Musich, 46, was being held on bond following his arrest in Lake Havasu City. Musich, …

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Johnson & Johnson Will Pay $7.8M to Settle Arkansas Lawsuit http://www.insurancejournal.com/news/southcentral/2015/05/20/368847.htm Wed, 20 May 2015 16:25:04 +0000 http://www.insurancejournal.com/?p=368847 Court filings show pharmaceutical giant Johnson & Johnson has agreed to pay $7.8 million to settle a lawsuit over how the company marketed an antipsychotic drug to Arkansas doctors. The Arkansas Democrat-Gazette reported $2 million will go to a Texas …

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California Man Pleads Guilty to Setting Car Ablaze to Cash in on Insurance http://www.insurancejournal.com/news/west/2015/05/19/368670.htm Tue, 19 May 2015 15:33:07 +0000 http://www.insurancejournal.com/?p=368670 Richard Peters, 36, of Lakeside, Calif., pleaded guilty to one felony count of insurance fraud after being arrested last week by the San Diego Urban Auto Insurance Fraud Task Force on suspicion that he set fire to his vehicle in …

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CDI: True Religion Subcontractor Underreported $78M in Payroll http://www.insurancejournal.com/news/west/2015/04/16/364742.htm Thu, 16 Apr 2015 19:13:34 +0000 http://www.insurancejournal.com/?p=364742 The owners of sewing companies subcontracted by True Religion Brand Jeans were arrested this week on 18 felony counts of workers’ compensation insurance fraud totaling more than $11 million in losses. Businesses Sung Hyun Kim, 57, and her sister Caroline …

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California Agent Nabbed on Bogus Bond, $100K Premium Theft Charges http://www.insurancejournal.com/news/west/2015/04/08/363679.htm Wed, 08 Apr 2015 15:51:16 +0000 http://www.insurancejournal.com/?p=363679 Licensed insurance agent Lars Hedegaard, 63, of Danville, Calif. was arrested on two felony counts of grand theft. Hedegaard was doing business as Westport &Associates Insurance Services Inc. when he allegedly issued 14 fraudulent bonds to contractors and collected $111,365 …

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California Broker Nabbed for Pocketing More Than $500K From Safety Program http://www.insurancejournal.com/news/west/2015/03/30/362518.htm Mon, 30 Mar 2015 15:41:40 +0000 http://www.insurancejournal.com/?p=362518 Arthur Cade, 60, a licensed insurance broker-agent in California, was arrested on three felony counts of grand theft for stealing more than $100,000 from a Los Angeles Unified School District program and more than $400,000 from other programs managed by …

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Yellow Cab in Nevada Says Disabilities Suit Has it in Bad Spot http://www.insurancejournal.com/news/west/2015/03/17/360830.htm Tue, 17 Mar 2015 16:18:29 +0000 http://www.insurancejournal.com/?p=360830 Yellow Cab Co. of Reno may have to file for bankruptcy if it’s ordered to pay excessive attorney fees after a federal judge found it violated the Americans with Disabilities Act by denying service to a disabled woman with a …

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Idaho Man Sentenced For Insurance Fraud Against Progressive http://www.insurancejournal.com/news/west/2015/03/16/360618.htm Mon, 16 Mar 2015 15:56:35 +0000 http://www.insurancejournal.com/?p=360618 An Idaho Falls, Idaho man has been sentenced for filing false car insurance claims. The Idaho Attorney General’s Office says Robert C. MacNeilage was sentenced last week to an intensive treatment and education program at a minimum-security prison, with an underlying …

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California Suit: Lyft Cheated New Drivers Out of $1K Bonuses http://www.insurancejournal.com/news/west/2015/03/16/360610.htm Mon, 16 Mar 2015 15:42:06 +0000 http://www.insurancejournal.com/?p=360610 The Lyft ridesharing company took new drivers for a ride by cheating them out of promised $1,000 bonuses, according to a federal lawsuit . Hundreds of drivers lost a total of at least $5 million worth of bonuses that were …

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Ex-Oppenheimer Exec Admits to Role in Sinking Oklahoma Insurer http://www.insurancejournal.com/news/southcentral/2015/02/22/358304.htm Mon, 23 Feb 2015 03:14:22 +0000 http://www.insurancejournal.com/?p=358304 A former Oppenheimer & Co. Inc. executive pleaded guilty to participating in a fraud that the U.S. says led to the collapse of an Oklahoma insurance company. Allen Reichman, 55, told a Manhattan judge that he and former Park Avenue …

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ACE Group Warns UK SMEs About Higher Fraud Risk in 1st Quarter http://www.insurancejournal.com/news/international/2015/02/04/356313.htm Wed, 04 Feb 2015 10:05:51 +0000 http://www.insurancejournal.com/?p=356313 Fraud cases are on the rise and the profile of fraudsters is changing to include more young individuals seeking to fund extravagant lifestyles, according to ACE Group. As pressure on bank balances grows after the traditional Christmas excesses, ACE warns …

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Former California Agent Pleads Guilty in $6M Fraud Case http://www.insurancejournal.com/news/west/2015/02/03/356276.htm Tue, 03 Feb 2015 19:43:53 +0000 http://www.insurancejournal.com/?p=356276 An Upland, Calif. man has pleaded guilty to federal bank fraud and tax charges in relation to a loan scam that reportedly netted him more than $5.9 million. Derek Richard Brewart, 53, a former licensed insurance agent and owner of …

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Organized Family Insurance Ring Busted in Southern California http://www.insurancejournal.com/news/west/2015/01/29/355918.htm Thu, 29 Jan 2015 21:24:14 +0000 http://www.insurancejournal.com/?p=355918 Detectives from the California Department of Insurance’s insurance fraud enforcement division arrested 15 Los Angeles area residents Thursday morning for allegedly staging auto collisions and filing more than $500,000 in fraudulent claims. Four suspects are still being sought, and an …

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Most Popular Insurance Journal South Central Stories of 2014 http://www.insurancejournal.com/news/southcentral/2014/12/31/351456.htm Wed, 31 Dec 2014 16:04:31 +0000 http://www.insurancejournal.com/?p=351456 Fraud, higher homeowners rates, fracking, and electronic traffic tickets are topics that drove readers to the following stories on InsuranceJournal.com in 2014. The following 10 stories led as the most popular picks by readers in the South Central region. Workers’ …

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Immigrants Get Warning On California Driver’s Licenses http://www.insurancejournal.com/news/west/2014/12/30/351343.htm Tue, 30 Dec 2014 16:37:34 +0000 http://www.insurancejournal.com/?p=351343 While tens of thousands of immigrants living in the United States illegally are preparing to apply for a long-sought driver’s license in California starting Jan. 2, others are being urged to think twice. Immigrant advocates say the vast majority should …

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Nursing Home Liabilities Transfer Could Be Fraud: Judge http://www.insurancejournal.com/news/southeast/2014/12/17/350391.htm Wed, 17 Dec 2014 13:40:54 +0000 http://www.insurancejournal.com/?p=350391 The owners of a multistate chain of nursing homes may have committed fraud by transferring liabilities to a shell company that later lost more than $2 billion in jury verdicts to families who claimed relatives died of neglect, a federal …

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Former Bridezilla Surrenders in California For Felony Insurance Fraud http://www.insurancejournal.com/news/west/2014/12/10/349728.htm Wed, 10 Dec 2014 23:07:40 +0000 http://www.insurancejournal.com/?p=349728 Anita Maxwell, who was featured in season four of the television reality series “Bridezillas,” has surrendered herself to the Superior Court of California in Los Angeles County on 14 felony counts associated with insurance fraud. A California Department of Insurance …

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Five Arrested in Alleged Staged Accident Scam in North Carolina http://www.insurancejournal.com/news/southeast/2014/11/30/348297.htm Mon, 01 Dec 2014 01:00:02 +0000 http://www.insurancejournal.com/?p=348297 North Carolina insurance officials reported the arrests of five people from Fayetville in an alleged insurance fraud scheme involving a staged auto accident in Cumberland County. Department of Insurance criminal investigators allege that the suspects conspired to defraud State National …

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