Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Texas Announces November Enforcement Actions
Dec 27 2006 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during November. The actions include five license revocations, a license denial and fines and restitution...
UnumProvident Executive Pleads Guilty to Fraud
Dec 26 2006 // A UnumProvident Corp. regional vice president pleaded guilty to federal fraud charges in a case that caused losses of about $6.1 million for the nation’s largest disability insurer, prosecutors said. James Michael...
ID theft warning in Okla.
Dec 25 2006 // Oklahoma Attorney General Drew Edmondson issued a consumer alert to customers of First State Bank in Ketchum warning them about a scam being perpetrated in their area. According to the AG’s office, the bank had...
Commissioners, compensation rules, earthquakes made for shaky ground
Dec 25 2006 // In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have...
Contingent commissions, court rulings highlight 2006
Dec 25 2006 // In 2006, the Midwest experienced the impact of contingent commission settlements based on the actions of several attorneys general and a myriad of court rulings on insurers’ use of credit, liquor liability and...
Top 10 Stories of the Year – West
Dec 24 2006 // In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have...
ID Theft, Fraud Case Leads Okla. AG to Ask for Statute Change
Dec 21 2006 // Oklahoma Attorney General Drew Edmondson’s office will propose legislation to expand his Consumer Protection Unit’s prosecutorial authority. In a release, Edmondson said a case he recently filed, which concerns...
Insurers Remind Holiday Shoppers about Dangers of Identity Theft
Dec 21 2006 // Des Moines, Iowa-based Hawkeye-Security Insurance and Indiana Insurance, both members of the Liberty Mutual Group, are urging holiday shoppers to raise their awareness of identity theft, the fastest growing crime in...
N.Y. Officials Charge 8 with Commercial Fleet Insurance Fraud
Dec 21 2006 // Eight people were charged have been charged with defrauding insurance companies by registering commercial motor vehicle fleets in upstate New York to avoid higher premiums in New York City, Albany County District Attorney...
The One That Didn’t Get Away: Maine Man Trapped By Lobsters
Dec 21 2006 // Crustaceans and clams starred as unlikely informants in a workers’ compensation fraud case in Hancock County, Maine. An almost three-year case of “something’s fishy” finally ended this week with the...
Houston Nurse Sentenced for Workers’ Comp Fraud
Dec 20 2006 // Texas Mutual Insurance Company reported that a Houston nurse has pleaded guilty to workers’ compensation fraud-related charges. The Travis County 299th Judicial District Court sentenced Brenda Hernandez to five years...
Okla. Couple Pleads Guilty in Charity Fraud Case
Dec 20 2006 // An Oklahoma man is facing 10 years in prison, and his wife will serve a three-year prison sentence after pleading guilty to five counts of violating the Oklahoma Solicitation of Charitable Contributions Act, Attorney...
Okla. AG Warns Ketchum Bank Customers About ID Theft Scam
Dec 19 2006 // Oklahoma Attorney General Drew Edmondson recently issued a consumer alert warning customers of First State Bank in Ketchum about a scam currently being perpetrated in the area. Edmondson issued the warning after the bank...
Two N.C. Insurance Investigators Honored for Anti-Fraud Work
Dec 15 2006 // Two investigators with the North Carolina Department of Insurance, Chet Effler of Marion, N.C., and Martha Ann Ford of Chester, S.C., have been honored for their work on insurance fraud cases in 2006. Effler received an...
Seven Indicted for Workers’ Compensation Fraud in Texas
Dec 15 2006 // Texas Mutual Insurance Company reported that seven individuals were indicted, in separate cases, in Travis County on workers’ compensation fraud-related charges. The individuals allegedly collected a combined $31,358...
N.Y. Drywall Contractor Charged with Workers’ Compensation Fraud
Dec 15 2006 // A New York business owner faces charges of insurance fraud following his arrest by Manhattan District Attorney Robert Morgenthau’s office for allegedly defrauding the New York State Insurance Fund of more than...
Calif. State Fund Receives More Than $3 Million in Fraud Restitution
Dec 15 2006 // San Diego Superior Court Judge William H. McAdam has ordered the owners of a San Diego area roofing company to pay $3 million in restitution to California’s State Compensation Insurance Fund, $81,649 in investigation...
Alaska Man Guilty of Reinstating Policy Before Reporting Accident
Dec 14 2006 // An Alaska man has pled guilty to theft in the second degree, a class B felony, stemming from a fraudulent insurance claim, according to the state Division of Insurance Office of Special Prosecution and Appeals. Earlier...
SEC Eases SOX Anti-Fraud Rules for Smaller Public Companies
Dec 14 2006 // Federal securities regulators are moving to ease some financial-control rules for thousands of smaller public companies at the same time they look to stiffen requirements for individuals to invest in fast-growing hedge...
Policyholder Insurance Information Stolen from Ill. Vendor
Dec 14 2006 // Computer records containing personal information of about 130,000 members of Connecticut-based health insurer Aetna Inc. were stolen from the office of a vendor, the company said. A lockbox stolen during an Oct. 26...
