Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
New U.K. Database Tackles Auto Insurance Fraud
Jan 21 2005 // Where there are cars there are accidents, and where there are accidents there are insurance claims, which unfortunately are too often phony. The U.K. has announced a new measure to try and combat this kind of fraud, which...
S. Fla. Cracks Down: Car-wreck Insurance Fraud Con Artists Targeted
Jan 17 2005 // South Florida insurance fraud artists are becoming so rampant in the area that authorities have launched a campaign to catch area con artists who stage car wrecks and bilk insurance companies of hundreds of thousands of...
Four Californians Arrested for Workers’ Comp Fraud
Jan 14 2005 // Joint investigations by the California Department of Insurance’s Fraud Division and the Imperial County District Attorney’s Office have resulted in the felony arrests of four suspects for multiple counts of...
Houston Man Fined for Workers’ Comp Fraud Scam
Jan 12 2005 // Austin-based Texas Mutual Insurance Company reported that Henry Prince of Houston has pleaded guilty to workers’ compensation fraud-related charges and must pay restitution to the insurer. The Travis County 147th...
State Farm, Fla. A/G Crist Agree to Reimburse Customers Who Bought Damaged, Stolen Cars
Jan 10 2005 // Florida motorists may be eligible for refunds of as much as $20,000 under a nationwide agreement to benefit individuals who unknowingly purchased damaged or stolen cars from State Farm Mutual Insurance Company. Attorney...
Mass. Prison Officer Indicted for Comp Fraud
Jan 5 2005 // A former Bristol County (Mass.) Corrections Officer has been indicted for working while collecting workers’ compensation benefits, according to Attorney General Tom Reilly. Kevin J. Mello, of South Dartmouth was...
Study Finds Class Action Securities Fraud Lawsuits Take a 17% Jump in 2004
Jan 4 2005 // While the number of federal securities fraud class actions filed in 2004 increased only moderately from 2003 levels, rising to 212 companies sued from 181, the decline in stock market capitalization corresponding to these...
INSURERS BACK MD. CLAIMS LAW:
Jan 3 2005 // The Property Casualty Insurers Association of America has filed an amicus brief before the Maryland Court of Appeals, urging the court to affirm a lower court decision upholding a law, in existence since 1872, that...
Legislators to Revive S.C. Fraud Legislation
Jan 3 2005 // Carriers Eyed as Income Source South Carolina legislators want to make insurance carriers pay for more investigators and prosecutors to fight insurance fraud under a proposal suggested by Rep. Daniel L. Tripp,...
ARK. WARNS OF POSSIBLE FRAUD:
Jan 3 2005 // Arkansas Insurance Commissioner Mike Pickens recently issued a warning about potentially fraudulent insurance activity from a company called Nations Hazard Insurance and an individual using the names Michael Napadow and...
LOUNGE ACT LANDS N.O. FIREFIGHTER A FRAUD CONVICTION:
Jan 3 2005 // The Louisiana Department of Labor reported that a New Orleans firefighter was convicted of trying to cheat the state out of $25,000 in workers’ compensation benefits. According to the DOL, Richard Lloyd, 64, of 3226...
2003-2004 California Year-End Legislative Repo
Jan 3 2005 // A summary of the most important legislation affecting the industry in the New Year The historic recall of Gray Davis and election of Arnold Schwarzenegger as governor of California set the tone for the 2004 legislative...
Q1 FY 2005: TWCC Issues Close to $1.56 Million in Penalties for Fraud, Administrative Violations
Dec 31 2004 // The Texas Workers’ Compensation Commission issued penalties totaling nearly $1.56 million between Sept. 1, 2004 and Nov. 30, 2004 for administrative violations and fraud committed by system participants. A total of...
N.Y. No-Fault Insurance Fraud Ring Busted
Dec 30 2004 // New York Attorney General Eliot Spitzer and State Insurance Superintendent Gregory Serio on Wednesday announced the arrest of 31 members of a Bronx based no-fault insurance fraud ring that reportedly submitted phony...
Sacramento Day Care Worker Gets 90 Days in Jail in Workers’ Comp Fraud Case
Dec 30 2004 // Sacramento resident Thomas Jordan was sentenced on Dec. 28 to 90 days in jail on a felony workers’ compensation fraud charge. Jordan was employed by K.C. Family Care Inc. of Sacramento. K.C Family Care operates a...
Insurer Donates Anti-Fraud Tools to N.Y. City Police
Dec 29 2004 // The latest tools in surveillance technology — “Joey and “Whisper” – have joined the fight against no-fault insurance fraud in New York City, reports the National Insurance Crime Bureau. AutoOne...
Met Life Agrees to Cut N.Y. Auto Rates 6%
Dec 23 2004 // Another auto insurer has agreed to reduce its rates in New York State in response to Superintendent of Insurance Greg Serio’s call for rate reviews. MetLife Auto & Home is reducing its auto insurance rates by an...
Court Reconsidering Miss. Crop Insurance Fraud Case
Dec 22 2004 // A two-and-a-half year old federal crop insurance fraud case has resurfaced in Mississippi, with questions arising about if a 1998 cotton crop was insurable. In 2002, Judge Neal Biggers, dismissed four federal crop...
Calif. Mother Arrested in “Stuffed Passenger” Auto Insurance Accident Case
Dec 22 2004 // Ebony Kirk, 25, of Sacramento, was arrested and booked into the Sacramento County Jail for falsely reporting herself as a passenger in an auto accident occurring on Aug. 19, 2003. She was charged with four felony counts of...
New Calif. Legislation Becomes Law on Jan. 1
Dec 21 2004 // A number of new insurance-related bills will go into law in California on Jan. 1, 2005. They include: Auto Insurance AB 2677 (Ridley-Thomas – Auto Insurance: Cost Estimates) requires insurers to provide personal auto...
