Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Four Riverside, Calif. Residents Arrested for Alleged Fradulent Auto Theft Claim
Mar 7 2006 // California Insurance Commissioner John Garamendi has announced the arrests of three Riverside, Calif., residents on charges that they allegedly filed a fraudulent auto theft claim on a car that was later found in an orange...
FLA. MAKES FRAUD ARRESTS FOR DOUBLE-BILLING, STEERING
Mar 6 2006 // A Chipley, Fla. woman has been arrested and charged with organized fraud for allegedly steering patients from a hospital physical therapy center and improperly billing insurance companies. Lorrie Ann Laurel, 40, turned...
Alabama Big ‘I’ supports five bills, rejects two
Mar 6 2006 // Alabama HB627 defining insurance fraud and making it easier for the Insurance Commission to join with neighboring states to crack down on fraud has gained the support of the Alabama Independent Insurance Agents. During...
COALITION AGAINST INSURANCE FRAUD LISTS 2005’s WORST INSURANCE CON ARTISTS
Mar 6 2006 // Scalpel-wielding surgeons and klutzy grave robbers were among the eight worst insurance swindlers of 2005, according to the Coalition Against Insurance Fraud. Elected to the Insurance 2005 Fraud Hall of Shame, those scam...
Exposure in securities class actions down slightly, size of settlements up
Mar 6 2006 // The frequency of class action suits seems to be fairly manageable. However, that good news does not carry over to the severity side. Dramatic settlement increases have occurred during the past five years, panelists told...
Wash. approves anti-fraud unit, will protect privacy during investigations
Mar 6 2006 // Washington state officials have amended and approved legislation that would create an insurance anti-fraud unit in the insurance commissioner’s office, according to the Property Casualty Insurers Association of...
Former Gen Re, AIG execs plead not guilty to reinsurance fraud charges
Mar 6 2006 // As a federal probe into the insurance industry widens, four former top executives of giants General Re and American International Group are pleading not guilty to fraud and conspiracy charges. The Justice Department has...
RACK ‘EM UP
Mar 6 2006 // Certified public accountants wading into tax season should be aware of heightened exposure to liability as clients make crucial year-end decisions about how to manage tax liabilities for 2005, according to a recent study...
Grange Expands Identity Theft Coverage to Ohio Auto Policyholders
Mar 3 2006 // Grange Insurance will offer its Identity Theft victim resolution and education program coverage to auto policyholders in Ohio. The program is being offered in partnership with Identity Theft 911, a national fraud solutions...
Pa. Pair Try to Dig Out of Fraud Charges Involving Snowmobile
Mar 3 2006 // Pennsylvania Attorney General Tom Corbett reported that criminal charges were filed against two Solanco High School teachers accused of deceiving State Farm in a fraudulent insurance claim for less than $800 to repair a...
Former San Diego Broker Sentenced in Premium Theft Scam
Mar 3 2006 // California Insurance Commissioner John Garamendi on Friday reported the sentencing of former San Diego insurance broker Roberto Molina Jr., 55, to 180 days in jail and three years of probation stemming from an...
S.C. Big ‘I’ Conference: Officials to Discuss Insurance Fraud, ‘Hot Topics’
Mar 2 2006 // Insurance fraud and “hot topics” facing the insurance industry will be discussed by South Carolina Attorney General Henry McMaster and Director of Insurance Elanor Kitzman during the March 22 and 23 annual...
Hawaii Leads Nation in Motorcycle Theft, Says Progressive
Mar 2 2006 // Honolulu motorcycle riders are most likely to have their bikes stolen, although the city is the 53rd largest metropolitan area, according to a recent study by Progressive Group of Insurance Companies. A motorcyclist in...
TDI Reports More Than $171K in Fines and Restitution in January
Mar 1 2006 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during January. The actions include three license revocations, two license denials and fines and...
Pair Convicted in Calif. for Workers’ Comp Insurance Fraud
Mar 1 2006 // California Insurance Commissioner John Garamendi announced the convictions of two suspects, Wade Peebles, 55, and Gigi Peebles, 41, for workers’ compensation insurance premium fraud, payroll tax fraud and conspiracy,...
Ohio Insurance Department Unveils Top 10 Insurance Cases for 2005
Feb 28 2006 // Ohio Department of Insurance Director Ann Womer Benjamin reported the Department’s “Top 10” insurance fraud cases for 2005, which involved a total of more than $5.5 million. The Department reorganized its...
Broward County Woman Arrested for Double-Billing
Feb 27 2006 // A Broward County, Fla. woman, who attempted to collect twice on her hurricane claim, has been arrested following an investigation by detectives with the Florida Department of Financial Services’ Division of Insurance...
Scoliosis Treatment Center Owner Charged with Fraud in La.
Feb 24 2006 // Louisiana Attorney General Charles C. Foti, Jr., reported that Arthur Copes, 5710 North Shore Drive, Baton Rouge, La., surrendered to Attorney General Special Agents on 117 counts of insurance fraud for his alleged...
Calif. Attorney Surrenders on Grand Theft Charge
Feb 23 2006 // California Insurance Commissioner John Garamendi has announced that on Feb. 9, 2006, attorney Marilyn P. McCumber, 68, self-surrendered to the Los Angeles County Superior Court. She pled guilty to felony grand theft for...
AIIA Supports Alabama Insurance Fraud Bill HB627
Feb 22 2006 // Alabama HB627, defining insurance fraud and making it easier for Insurance Commissioner Walter A. Bell to join in with neighboring states to crack down on fraud, has gained the support of the Alabama Independent Insurance...
