Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Coalition Names Top 10 Insurance Swindlers of 2004
Jan 24 2005 // The nation’s top insurance swindlers of 2004 were inducted into the Insurance Fraud Hall of Shame reported the Coalition Against Insurance Fraud. All of the new inductees were convicted or their cases closed out in...
Judge Says Criminal Trial in Deadly Nightclub Fire Case Still a Year or More Away
Jan 24 2005 // Owners of a Warwick, Rhode Island nightclub where 100 people died in a fire and the former manager of the band whose pyrotechnics sparked the blaze won’t stand trial on involuntary manslaughter charges for at least a...
Ring Member Awaits Extradition From Calif. to Face Slip-and-fall Fraud Charges
Jan 24 2005 // A 30-year-old man wanted in Florida since 1995 on numerous felony charges for his alleged role in his family’s nationwide “slip-and-fall” insurance fraud scheme is in custody in California awaiting...
Setting Yourself on Fire is not a Good Idea
Jan 24 2005 // People may think they’re being clever when they try to cheat insurance companies, but often they end up making mistakes that get them caught, injured and sometimes even killed. The Progressive group of insurance...
STEALING PREMIUMS NOT ALLOWED:
Jan 24 2005 // Louisiana Insurance Commissioner Robert Wooley said Department of Insurance Fraud Unit investigators served a former insurance agency employee with a cease and desist order barring her from working in the insurance...
PREMIUM THEFT, PART TWO:
Jan 24 2005 // Louisiana Department of Insurance Fraud shuttered the business of a New Orleans producer on felony theft violations in the amount of $250,000. Department fraud investigators served Claire H. Garin, 42, former business...
COMP FRAUD LEADS TO FINES:
Jan 24 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...
Neb. DOI Says 30,000 Covered by Possibly Fraudulent Health Plans
Jan 21 2005 // Citing a report from Robert Wood Johnson Foundation, the Nebraska Department of Insurance stated that an estimated 30,145 Nebraskans were found to be covered by self-insured Multiple Employer Welfare Arrangements. As a...
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...
