Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Lion Insurance Partners With Command Investigations to Offer Anti-Fraud Services
Feb 20 2013 // Lion Insurance has formed an exclusive business partnership with Command Investigations, LLC as their national provider for all special investigative unit (SIU) and anti-fraud services. As part of the SIU and anti-fraud...
Survey: Most Texas Voters Support Licensing Roofers
Feb 20 2013 // A recent survey shows that most registered Texas voters support the licensing of roofers in the state. According to the survey by the Insurance Council of Texas (ICT), when asked if roofing contractors should be licensed...
Su Alleges Workers’ Comp Fraud Against California Restaurant
Feb 19 2013 // The owners of a restaurant in San Marcos, Calif. have been charged with felony counts of workers’ compensation fraud and forgery following a referral by the California Labor Commissioner Julie A. Su’s criminal...
Where to Find the Best Possible Cyber Coverage
Feb 19 2013 // There are many cyber insurance products available for purchase, and each is somewhat unique. Some products are more comprehensive than others. Some cyber insurance products are combined with insurance policies of another...
Horsemeat Blame Game Ricochets across Europe
Feb 18 2013 // Accusations, denials and threats to sue reverberated around Europe on Friday as meat traders, food processors, retailers and governments all rejected blame for horsemeat found in ever more beef dishes across the...
North Carolina Agent, Farmer Sentenced for Crop Insurance Fraud
Feb 18 2013 // Two North Carolina men have been sentenced for their roles in a massive crop insurance fraud. A federal judge last Wednesday sentenced insurance agent William Larry Rogers to 9 years in prison for conspiring to make false...
Upstate New York Woman Sentenced for Crash Fraud Scheme
Feb 15 2013 // Authorities announced this week that a Utica, N.Y., woman has been sentenced for her role in an insurance and health care fraud scheme. The U.S. Attorney’s Office for the Northern District of New York said Cynthia...
Former Wisconsin Insurance Executive Sentenced to 5 Years for Fraud
Feb 15 2013 // A former Wausau, Wis., insurance agency executive has been sentenced to five years in prison for a fraud scheme. Former J.N. Manson Agency Inc. (Manson) CEO Timothy Mathwich had been indicted by a grand jury in June 2012...
How Identity Theft Ruined Alabama Victim’s Finances, Career
Feb 12 2013 // Air National Guard Maj. Zane Purdy was making more than $100,000 a year working for a defense contracting company when his identity was stolen and sold to a tax fraud ring. Now, Purdy makes $7.25 an hour at a Krystal...
Florida Court Sides with Bank in Key Mortgage Liability Case
Feb 10 2013 // Florida’s highest court has ruled a homeowner cannot re-open a voluntarily dismissed foreclosure case despite allegations that the bank falsified documents, giving a win to banks in a closely watched ruling that...
Government Suit Against S&P Could Embolden Other Investors to Sue
Feb 6 2013 // Lawyers for Standard and Poor’s, responding to a U.S. government probe, have tried for months to show it did nothing wrong in rating exotic securities in the run-up to the financial crisis. In one meeting, the...
Beazley Launches Enhanced Computer Crime Policy
Feb 5 2013 // Beazley plc has launched new computer crime and account takeover coverages for financial institutions. The enhanced computer crime policy is designed for the continually evolving services and applications that financial...
U.S. Hits S&P with $5 Billion Fraud Lawsuit Over Mortgage Securities Ratings
Feb 5 2013 // The U.S. government is seeking $5 billion in its civil lawsuit against Standard & Poor’s, accusing the ratings service of defrauding investors, in one of the most ambitious cases yet from the Justice Department...
Former Utah Agent pleads Guilty to Insurance Fraud
Feb 5 2013 // Former insurance agent Mitch Kelling has pled guilty to insurance fraud. Kelling plead guilty to felony charges in Utah Seventh District Court on Jan. 29. Kelling had been operating under the name “Kelling...
Florida Supreme Court Rules Arbitration Clauses Apply to Fraud Claims
Feb 5 2013 // The Florida Supreme Court says contract clauses requiring arbitration to settle related disputes include fraud claims. The justices unanimously reversed a three-judge panel of the 1st District Court of Appeal, which had...
Insurance Manager Sentenced for $730K Fraud in North Carolina
Jan 31 2013 // Authorities announced that a Charlotte, N.C., woman was sentenced to 41 months in prison, to be followed by three years of supervised release, for carrying out a six-year mail fraud scheme against her employer. The...
Command Investigations, Frank Winston Offer Anti-Fraud Services
Jan 31 2013 // Frank Winston Crum Insurance Co. has formed a business partnership with Command Investigations, LLC as a preferred provider of anti-fraud and Special Investigative Unit (SIU) services. Frank Winston Crum Insurance Co. will...
Fraud Concerns Linger Over Illinois Driver License Law
Jan 29 2013 // As Illinois becomes the fourth and most populous U.S. state to issue driver’s licenses to illegal immigrants, nagging concerns remain about whether there are enough safeguards to avoid the identity fraud and other...
Oklahoma Insurance Department Creates Anti-Fraud Advisory Board
Jan 29 2013 // Oklahoma Insurance Commissioner John D. Doak announced the creation of an advisory board to increase the effectiveness of the Oklahoma Insurance Department’s Anti-Fraud Unit. The board includes four legislators, a...
Cyber Liability: Where to Find Cyber Coverage
Jan 28 2013 // The Buyer’s Guide to the Best Possible Cyber Insurance There are many cyber insurance products available for purchase, and each is somewhat unique. Some products are more comprehensive than others. Some cyber...
