Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
La. Agent Accused of Pocketing Premiums
May 11 2007 // An Alexandria, La., insurance agent has been arrested and issued a cease and desist order and summary suspension of his licenses for allegedly misappropriating premium money from policyholders and failing to remit premiums...
ABI Survey Estimates UK Fraudulent Claims at $8 Million a Day
May 10 2007 // A survey conducted by the Association of British Insurers concludes that fraudulent insurance claims are now costing insurers and honest customers over £4 million ($7.98 million) every day. The annual cost is around £1.6...
Pa. Broker Arrested For Alleged Premium Finance Fraud
May 10 2007 // A former Bucks County, Pennsylvania insurance broker has been arrested by the Pennsylvania Attorney General’s Office for allegedly defrauding four insurance premium companies and the state’s bureau of...
W. Va. Man Arrested on Insurance Fraud Charges
May 9 2007 // A Raleigh County was arrested May 4 and charged with first degree arson and insurance fraud after allegedly setting fire to his former residence. Andrew B. Halstead, 51, and currently of Prosperity, allegedly burned down...
Ga. Commissioner Charges Columbus Agent with Fraud
May 8 2007 // A Columbus, Ga., insurance agent has been charged with three counts of insurance fraud for allegedly keeping premiums paid to her for property and taxicab liability coverage instead of forwarding the payments to an...
California Assembly Insurance Committee passes fraud measure
May 7 2007 // California’s Assembly Insurance Committee has passed Assembly Bill (AB) 1401 on a bi-partisan 8-0 vote. According to the California Department of Insurance, the measure would provide the DOI with additional...
N.D. Poolman: Agent suspected of taking $700,000
May 7 2007 // An insurance agent who killed herself in late March is now suspected of taking $700,000 in premium payments from a number of businesses, state officials say. They have yet to figure out why. Investigators also have not...
Western states top national list of hot spots for stolen cars
May 7 2007 // The Las Vegas area has stolen the top spot on the list of auto thefts around the nation, followed by other areas in the West. After three consecutive years as the area with the worst per capita vehicle theft, Modesto,...
FBI: Former La. Police Union Head Lied About Insurance Scam
May 3 2007 // A former police union president in Monroe, La., is accused of lying to federal investigators about a former officer’s alleged insurance scam. Federal agents arrested Paul Brown, 41, a 16-year department veteran who...
Texas’ March Enforcement Actions Lead to $188K in Fines, Restitutions
May 3 2007 // The Texas Department of Insurance announced enforcement actions that became final during March include nine license revocations, four license denials and fines and restitution totaling $188,826. Copies of Insurance...
La. State Police Charge Bondsman with Theft and Insurance Fraud
May 2 2007 // The Louisiana State Police reported that its Insurance Fraud and Auto Theft Unit on April 30, 2007, arrested a bail bondsman in the Rapides Parish area on theft and insurance fraud charges. Wayne Thomas, 36, McKeithen...
Calif. Assembly Insurance Committee Passes Fraud Measure
Apr 26 2007 // California’s Assembly Insurance Committee has passed Assembly Bill (AB) 1401 on a bi-partisan 8-0 vote. According to the California Department of Insurance, the measure would provide the DOI with additional...
Las Vegas Area Tops National List for Stolen Cars
Apr 25 2007 // The Las Vegas area has stolen the top spot on the list of auto thefts around the nation, followed by other areas in the Western United States. According to the National Insurance Crime Bureau, 22,441 vehicles were stolen...
Bush Administration Releases Plan to Combat ID Theft
Apr 24 2007 // Attorney General Alberto R. Gonzales and Federal Trade Commission Chairman Deborah Platt Majoras announced completion of the President’s Identity Theft Task Force strategic plan to combat identity theft. The plan...
Former owner of Neb. auto glass company faces insurance fraud charges
Apr 23 2007 // The previous owner of an Omaha, Neb.-area automotive glass repair company is facing insurance fraud charges after an investigation by the Nebraska Department of Insurance Fraud Prevention Division. Douglas County Attorney...
N.D. Workers’ Comp Director, Investigator Face Criminal Charges
Apr 20 2007 // North Dakota’s workers compensation director was put on leave Wednesday after criminal charges were filed against him and the agency’s top fraud investigator involving questionable spending on gifts and...
N.D. Commissioner Says Agent Now Suspected of Taking $700,000
Apr 19 2007 // An insurance agent who killed herself in late March is now suspected of taking $700,000 in premium payments from a number of businesses, state officials say. They have yet to figure out why. Investigators also have not...
Calif. State Fund To Receive $46,000 in Workers’ Comp Fraud Case
Apr 19 2007 // Imperial Valley, Calif., County Superior Court Judge Poli Flores has ordered an employee of an El Centro, Calif., hay exporter to pay $45,996 in restitution to the State Compensation Insurance Fund in a workers’...
National Crime Bureau Partners with Experian to Fight VIN Cloning Scams
Apr 18 2007 // Ill.-based The National Insurance Crime Bureau (NICB) recently announced that it has teamed with Experian Automotive, a division of global information solutions company Experian(R) Inc., to use its AutoCheck vehicle...
Former Mich. Mayor Awaits Trial in Arson, Insurance Fraud Case
Apr 16 2007 // A Michigan judge recently ruled that there is enough evidence for a former mayor charged with arson and insurance fraud in the burning of her 1986 Mercedes-Benz to stand trial in the case. Wilmer Jones Ham, who serves on...
