Fraud News

Idaho Man Sentenced For Insurance Fraud Against Progressive

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 …

California Suit: Lyft Cheated New Drivers Out of $1K Bonuses

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 …

Ex-Oppenheimer Exec Admits to Role in Sinking Oklahoma Insurer

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 …

ACE Group Warns UK SMEs About Higher Fraud Risk in 1st Quarter

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 …

Former California Agent Pleads Guilty in $6M Fraud Case

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 …

Organized Family Insurance Ring Busted in Southern California

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 …

Most Popular Insurance Journal South Central Stories of 2014

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’ …

Immigrants Get Warning On California Driver’s Licenses

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 …

Nursing Home Liabilities Transfer Could Be Fraud: Judge

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 …

Former Bridezilla Surrenders in California For Felony Insurance Fraud

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 …