Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Fla. Officials Park Auto Fraud Ring
Aug 18 2005 // Florida’s Chief Financial Officer Tom Gallagher on Thursday announced the arrests of 10 people in a staged accident ring that involved 15 different medical clinics fraudulently billing auto insurers more than a...
TDI Notes July Enforcement Actions Taken by Geeslin
Aug 18 2005 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during July. The actions include seven license revocations, one license denials and fines and restitution...
Marines Plead Not Guilty to Felony Insurance Fraud
Aug 15 2005 // Three Marines based in Twentynine Palms pleaded not guilty to felony insurance fraud charges for allegedly filing a false claim that a vehicle was stolen and vandalized. The trio also pleaded not guilty to a misdemeanor...
Citing Anti-Fraud Success, Mass. Auto Insurers Seek Small Rate Cut
Aug 12 2005 // Citing a drop in claims, the Automobile Insurers Bureau of Massachusetts filed its proposal for 2006 personal auto insurance rates with the Commissioner of Insurance Julianne Bowler on behalf of insurance companies. The...
Miamian Receives Probation for Making Fraudulent $1,452 FEMA Claim
Aug 10 2005 // Aaron Brown, a Miami man sentenced to probation in Dade County, Miami, Fla., has become the second member of his family convicted of fraudulently obtaining federal disaster money for Hurricane Frances last fall. According...
Ohio Insurance Department Reorganizes Fraud Division
Aug 9 2005 // Ohio Insurance Director Ann Womer Benjamin today announced the reorganization of the Department’s Office of Investigative and Licensing Services to create a Fraud and Enforcement Division and a Market Regulation and...
Zurich Appoints Flood as North American Crime Product Manager
Aug 9 2005 // Zurich, one of the nation’s largest property/casualty insurance companies, announced that Daniel Flood has joined its North American operations as crime product manager. In this role, Flood will have oversight for...
BILL TO PROTECT AGAINST DISCOUNT CARD FRAUD:
Aug 8 2005 // New legislation in Oklahoma that defines discount medical plans and protects consumers against high-pressure sales tactics and misleading information is welcome, according to Insurance Commissioner Kim Holland. Companies...
Indiana-Based Insurance Scammers Get Fla. Prison Time
Aug 5 2005 // The operators of an Indiana-based insurance company that left 7,200 people with unpaid medical claims in one of the costliest, most extensive fraud schemes in Florida were sentenced to prison Wednesday, Florida officials...
Okla. Man Pleads Guilty to Workers’ Comp Fraud
Aug 4 2005 // A Duncan, Okla., man will pay more than $15,000 in restitution after pleading guilty to workers’ compensation fraud in Oklahoma County District Court, according to State Attorney General Drew Edmondson. Curtis Ray...
Insurers Hail N.Y. Physician Decertification Fraud Reform
Aug 4 2005 // Insurance companies are applauding New York Gov. George Pataki for signing legislation that they say will assist them in their efforts to fight insurance fraud. Pataki signed A.8376, the physician decertification bill,...
Agent Arrested for Defrauding, Faking S. Fla. Seniors’ Policies
Aug 4 2005 // An insurance agent who targeted victims between the ages of 72 and 86 and fed on their fears about aging has been arrested for defrauding at least nine South Florida senior citizens by offering them a quote for one level...
N.J. Man Finds Workers’ Comp Fraud Doesn’t Pay
Aug 3 2005 // New Jersey Division of Criminal Justice Director Vaughn McKoy announced that a Gloucester County man has pleaded guilty to theft and falsifying records for fraudulently collecting more than $11,000 in workers’...
Fla. Acupuncturist, Two Patients Charged With Fraud
Aug 2 2005 // A Jacksonville acupuncturist and two of his patients are facing fraud charges after an investigation by the Department of Financial Services’ Division of Insurance Fraud and the National Insurance Crime Bureau...
Reinsurers Sue AIG Alleging Claims Fraud; AIG Denies All Wrongdoing
Aug 1 2005 // A group of 18 insurers is suing American International Group and bankrupt fronting company Trenwick America Reinsurance Corp. for allegedly scheming to collect as much as $73 million in what the insurers claim are...
Okla. Man to Serve 9 Years for Workers’ Comp Fraud
Jul 29 2005 // A Tulsa County, Okla., man was given a 15-year sentence after pleading guilty to one count of workers’ compensation fraud in Tulsa County District Court, according to State Attorney General Drew Edmondson. Edmondson...
Former La. Agent Charged in Forgery, Theft Scam
Jul 29 2005 // Louisiana Commissioner of Insurance Robert Wooley announced that a former insurance producer from Mansura, La., was arrested and issued a cease and desist order for allegedly misappropriating insurance funds. Gordon Mark...
TDI Lists June Enforcement Actions
Jul 28 2005 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during June. The actions include two license revocations, three license denials and fines and restitution...
LIU Opens Fidelity Division
Jul 27 2005 // Liberty International Underwriters (LIU) has announced plans to start a dedicated U.S. fidelity bond department. Gerry Mogan, vice president of fidelity and Melissa Schwartz, fidelity underwriting manager have been brought...
Bay Area Agent/Broker Pleads Guilty
Jul 27 2005 // A former California insurance broker/agent faces up to 20 years in prison after pleading guilty in New York to conspiracy charges related to insurance fraud. The case stems from the findings of a joint investigation by the...
