Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Employee Crime: Big Threat to Small Companies
Oct 31 2006 // More than one in three (36 percent) private companies, many of which were uninsured, experienced an employee theft averaging nearly $350,000 within the past five years, according to research by the Chubb Group of Insurance...
J.D. Power: Homeowners Want Carriers to Offer Identity Theft
Oct 30 2006 // More than 40 percent of consumers would like their homeowners insurance carrier to offer coverage for identity theft, according to a study released by J.D. Power and Associates. The 2006 Homeowners Insurance Study reported...
Gallup, N.M., Man Sentenced in Insurance Fraud Case
Oct 30 2006 // A Gallup, N.M., glass repair shop owner has been sentenced to three years in prison after he pleaded guilty to five counts of insurance fraud. State District Judge Robert Aragon accepted the plea earlier this month from...
N.M. Fraud Bureau Hosts National Fraud Directors Conference
Oct 30 2006 // The New Mexico Insurance Fraud Bureau, a bureau of the New Mexico Public Regulation Commission Insurance Division, is hosting the 2006 National Insurance Fraud Directors Conference in Santa Fe, N.M., on Oct. 30- Nov....
Second Criminal Complaint Filed Against Placer County Broker
Oct 27 2006 // California Insurance Commissioner John Garamendi is asking consumers across the state to contact the California Department of Insurance (CDI) if they believe they have been victimized by Roseville insurance broker Mindy...
Ohio Man Convicted and Sentenced for Workers’ Comp Fraud
Oct 27 2006 // A Brecksville, Ohio man was convicted and sentenced to one felony count of workers’ comp fraud. A building surveillance security camera captured Jerome J. Dobies delivering phone books to an Ohio Bureau of...
North Carolina Insurance Agent Arrested on Alleged Fraud Charges
Oct 26 2006 // A Matthews, N.C. licensed insurance agent was arrested and charged with nine felony counts of obtaining property by false pretense and is under a $50,000 secured bond at the Union County Jail. According to Insurance...
Mich. H.E.A.T. Increases Stolen Property Recovery by $2 Million
Oct 25 2006 // Michigan celebrated the 21st anniversary of the H.E.A.T. (Help Eliminate Auto Thefts) program with its annual award program this week. According to the official release, since its inception in 1985, H.E.A.T., with its...
Chatsworth, Calif. CEO and Wife Arrested for Alleged Workers’ Comp Fraud
Oct 24 2006 // Three suspects in connection with a workers’ compensation premium fraud investigation conducted by the California Department of Insurance (CDI), Fraud Division have been arrested. A felony complaint was issued by the...
Mich. Attorney General Issues Alert About New Identity Theft Scam
Oct 24 2006 // Michigan Attorney General Mike Cox is warning consumers to be aware of a telephone scam in which phony information is transmitted through Caller ID as a ruse to con individuals into providing illicit callers with sensitive...
P/C market takes hold of rapidly developing identity theft solutions
Oct 23 2006 // Identity-related fraud is a virulent crime, with 3.5 times the aggregate losses of all property crimes, such as burglary, larceny and vehicle theft, reported last year. In today’s technology- information-driven...
Bustamante and Poizner in the final campaign stretch
Oct 23 2006 // From holding the line on new reforms to reducing uninsured motorists, a fair share of work lurks ahead for California’s soon-to-be-chosen insurance commissioner. Front-runners fighting for the honor of regulating...
Former Beacon Mutual VP Accused of Fraud, Conspiracy
Oct 20 2006 // A former executive at Beacon Mutual Insurance Co. in Rhode Island was indicted this week on charges of conspiracy and insurance fraud related to an investigation into the state’s dominant workers’ compensation...
La. Using Bait Cars in Effort to Reduce Auto Insurance Fraud
Oct 20 2006 // The Louisiana Department of Insurance reported it now has a powerful new tool to use in its long standing battle against auto theft and high insurance rates. The tool, known as a bait car, is a motor vehicle fitted with...
Johnston Honored as Mass. Insurance Professional of the Year
Oct 19 2006 // The Massachusetts insurance community has honored Daniel J. Johnston, president of the Automobile Insurers Bureau and a founder and executive director of the Insurance Fraud Bureau of Massachusetts, as the fifth annual...
Truck Driver Sentenced for Workers’ Comp Fraud in Texas
Oct 16 2006 // Texas Mutual Insurance Company reported that a Travis County court sentenced Jerry S. Amaya of Cedar Creek, Texas, on workers’ comp fraud-related charges. The court sentenced Amaya to one year of probation and...
Insurance Fraud Charges Filed Against Neb. Glass Company Owner
Oct 13 2006 // Nebraska Attorney General Jon Bruning and state Insurance Director Tim Wagner announced 10 insurance fraud charges were filed against James Almond III, owner of Viking Glass in Omaha. Almond allegedly submitted fake...
Liberty Mutual Defeats N.J. Fraud Network
Oct 12 2006 // A lawsuit against an intricate auto insurance fraud network uncovered by Liberty Mutual investigators in the late 1990s came to a costly end last week for the owners of two now-defunct New Jersey chiropractic and...
The Commissioners
Oct 9 2006 // Washington’s Mike Kreidler: Making the insurance market work The Washington Office of the Insurance Commissioner is a vigorous protector of consumers under the leadership of Commissioner Mike Kreidler. From...
Mike Kreidler, Washington, Insurance Commissioner
Oct 9 2006 // The Washington Office of the Insurance Commissioner is a vigorous protector of consumers under the leadership of Commissioner Mike Kreidler. From maintaining a trust relationship between consumers and insurers, to...
