Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
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...
La. Producer Arrested for Allegedly Pocketing Premium Payments
Oct 6 2006 // A Shreveport, La., producer was issued a cease and desist order and summary suspension of her license before being arrested for allegedly misappropriating insurance premium payments, forging names on various insurance...
State Farm Says Employees Targets of Katrina Criminal Probe
Oct 5 2006 // At least two employees of State Farm Fire and Casualty Co. are targets of a criminal investigation of the insurer’s handling of policyholders’ claims after Hurricane Katrina, the company disclosed in court...
N.Y. Man Pleads Guilty in N.J. Auto Theft Ring
Oct 5 2006 // A New York man has pleaded guilty for his leadership role in an auto theft and insurance fraud ring in New Jersey, according to New Jersey officials. New Jersey Attorney General Stuart Rabner and Criminal Justice Director...
Five Arrested for Theft Related to Contractor Fraud in La.
Oct 5 2006 // Louisiana Attorney General Charles C. Foti, Jr., announced that his Special Agents made arrests for theft of funds related to alleged contractor fraud in the New Orleans area following Hurricane Katrina. On Sept. 25, 2006,...
Kan. Department Employee Named to Leadership Role for FBI Associates
Oct 2 2006 // Kansas Commissioner Sandy Praeger has announced that Kansas Insurance Department employee, Randy Adair, chief fraud investigator, has been selected as the 2nd vice-president of the Kansas-Western Missouri chapter of the...
Project Manager Indicted in Texas for Workers’ Comp Fraud
Sep 29 2006 // Texas Mutual Insurance Company reported that a Travis County, Texas, grand jury indicted Higgie Highsmith of San Antonio on workers’ compensation fraud-related charges. Highsmith allegedly collected $7,112 in...
Fla., Ga. Regulators Warn Consumers of Multi-state Scam
Sep 28 2006 // A bogus letter telling recipients they have won a contest with a chance to win big money is at the center of fraudulent activity being perpetrated in multiple states. The letter is on forged MAG Mutual Insurance Co....
Ill. Couple Accused of Torching Car Dealership for Insurance Money
Sep 27 2006 // After an investigation of more than four months, two McHenry, Ill. residents have been charged with the fire at a McHenry car dealership in April, police said. Arrested were John Krawec, 43, and his girlfriend, Anna...
SEC Charges Three Former RenaissanceRe Execs with Fraud
Sep 27 2006 // The Securities and Exchange Commission charged three former RenaissanceRe executives with securities fraud charges for their alleged involvement in a finite reinsurance scam that the SEC claims the executives concocted to...
ATV Thefts on Rise in Ark. as Hunting Season Nears
Sep 27 2006 // Arkansas law enforcement officials are warning hunters to keep an eye on their all-terrain vehicles when they get out in the woods this fall. Although thieves nab four-wheelers all year, deer season is an especially big...
STATE PATROL VETERAN HIRED FOR ANTI-FRAUD HIT
Sep 25 2006 // Washington Insurance Commissioner Mike Kreidler has appointed a veteran of the State Patrol to manage the agency’s newly authorized insurance anti-fraud program. Capt. Robert Veliz of Yakima, a 26-year veteran of the...
Alameda County Suspects Arrested for Fraud, Conspiracy, Grand Theft
Sep 22 2006 // Four suspects in Alameda County, Calif., have been arrested in a staged auto collision ring that allegedly caused more than 100 collisions in the Bay Area resulting in more than $2 million in losses to insurers, according...
Columbus Woman Convicted of Workers’ Comp Fraud
Sep 22 2006 // The Ohio Bureau of Workers’ Compensation (BWC) reported today that a Columbus woman was convicted of workers’ compensation fraud. Bobbie Knapp pleaded guilty in Franklin County Common Pleas Court to a felony...
Former General Re and AIG Execs Indicted for Alleged Reinsurance Fraud
Sep 21 2006 // Four former senior executives of Berkshire Hathaway’s General Re Corp. and a former senior executive of American International Group Inc. were indicted Wednesday on charges they participated in a scheme to manipulate...
Ill. Couple Videotape Themselves Committing Insurance Fraud
Sep 20 2006 // A Union County, Ill. couple’s plan to crash a van into a tree and collect the insurance money was caught on a tape they created–unbelievable as it seems. The plan of action was to smash Robert and Teresa...
Houston Social Services Business Owner Sentenced in Medicaid Fraud Scheme
Sep 20 2006 // Texas Attorney General Greg Abbott announced a four-year sentence handed down recently against Vincent C. Agu, 55, the owner of a Spring family services counseling clinic located at his residence known as Innovations...
Okla. Man Sentenced in Comp Case
Sep 19 2006 // An Elk City, Okla. man was ordered to pay more than $20,000 in restitution after pleading guilty to two felony counts of workers’ compensation fraud in Oklahoma County District Court, the state attorney...
Former Beverly Hills Agents Sentenced for Felony Grand Theft
Sep 19 2006 // A former Beverly Hills, Calif., insurance broker pled guilty to one count of felony grand theft after an investigation by the California Department of Insurance’s (CDI) Investigation Division. Gregory Starrett...
Main Street America Adds Free ID Theft Coverage to Home Policies
Sep 19 2006 // The Main Street America Group is providing its homeowners policyholders with free identity theft resolution services should they fall victim to identity theft. The insurer is partnering with Identity Theft 911, a provider...
