Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
N.Y. Announces Arrest of 4 Psychotherapists on Insurance Fraud Charges
Dec 15 2003 // New York State Insurance Superintendent Gregory Serio, Attorney General Eliot Spitzer, and NYPD Commissioner Raymond Kelly jointly announced the filing of charges against four psychotherapists who fraudulently billed...
Visual Analytics Announces Launch of Insurance Fraud Detection System in Korea
Dec 15 2003 // The Korean Financial Supervisory Services (FSS) has launched an insurance Fraud Detection System, developed by Visual Analytics, Inc.’s award winning product, VisuaLinks. The agency said it had implemented and will...
Impact of Crime
Dec 15 2003 // Nuts & Bolts: The Chubb Group of Insurance Companies is offering Masterpiece Family Protection to its homeowners policyholders. Family Protection coverage can help defray a broad range of expenses if the policyholder...
Calif. Chiropractors, Med Clinic Owner Charged with Fraud
Dec 12 2003 // Two Southern California chiropractors and a medical clinic owner were arrested on charges of workers’ compensation fraud following two investigations by the California Department of Insurance (CDI) Fraud...
Crackdown on N.Y. No-Fault Fraud Reportedly Begins to Pay Dividends as Costs Show Slight Decline
Dec 10 2003 // The vigorous crackdown on insurance fraud and abuse spearheaded by New York’s insurance companies, law enforcement agencies and prosecutors, and supported by tough insurance department regulations and a statewide...
Sen. Speier Applauds Lawsuit Against Caliber Collision Center
Dec 10 2003 // State Senator Jackie Speier (D-San Francisco/San Mateo cos.) applauded State Attorney General Bill Lockyer and Fresno County District Attorney Elizabeth Egan for filing a $50 million fraud lawsuit against Caliber Collision...
Calif. Duo Sentenced to Federal Prison in Fraud Scheme
Dec 8 2003 // Two Southland men were sentenced to federal prison for their convictions on charges related to a scheme in which one embezzled money from his employer and funneled it to members of his softball team. Angel Uribe, 33, of...
Trio of Insurers File Largest No-Fault Lawsuit in N.Y. History
Dec 4 2003 // The Allstate Insurance Company, Encompass Insurance and Nationwide Mutual Insurance Company on Wednesday filed a RICO (Racketeer Influenced and Corrupt Organizations Act) action in the Supreme Court of New York against 74...
N.J. Man Charged with Workers’ Comp Fraud
Dec 4 2003 // Vaughn McKoy, Director, Division of Criminal Justice, announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has charged a Camden County, New Jersey man with attempted theft, Health...
N.D. Man Gets 1 Year for WC Fraud
Dec 3 2003 // A Berthold, N.D., man was sentenced to serve a year in the Ward County Jail and ordered to pay $5,618 in fines and restitution after pleading guilty to charges of filing false workers’ compensation claims, according...
Liberty Mutual, MetLife A&H Recoup $2 Million in Fraud Suit against Mass. Lawyers, Medical Clinic
Dec 3 2003 // Score one for the industry! Liberty Mutual Group and MetLife Auto & Home announced settlements of around $2 million – in their favor- in a multi-million dollar insurance fraud suit against attorneys and medical...
IBC Says Partnerships Are Key in Fight Against Auto Theft
Dec 1 2003 // Insurance Bureau of Canada recently joined with Toronto Police in announcing the initial results from Project Heat (Help Eliminate Auto Theft). In the first three weeks of the latest round of Project Heat, Toronto Police...
LA. AGENT ARRESTED:
Dec 1 2003 // A Ruston, La. insurance agent with expired licenses was issued a cease and desist order in the wake of his arrest on charges of felony theft and insurance fraud. According to the Louisiana Department of Insurance the...
Fla. Business Owner Charged with Fraud
Nov 25 2003 // The owner of a Tallahassee, Florida pool construction business has been charged with workers’ compensation fraud and uttering a forged instrument. Wilbur Sellars, owner of Pro Pools Inc., surrendered last Thursday to...
Former N.J. Company Employee Ordered to Pay $4,000 to Employer
Nov 25 2003 // New Jersey Attorney General Peter Harvey announced that a former employee of a Hudson County insurance agency has been ordered to pay nearly $4,000 in restitution after reportedly admitting to concocting a scheme to issue...
Iowa Agent Gets 4 Years for Securities Fraud
Nov 25 2003 // A Marion, Iowa, insurance agent was sentenced to four years in prison for selling fraudulent securities, according to The Marion Star. Paul L. Edwards, 68, received three years for reportedly engaging in a pattern of...
V Unveils Call Center Solution for Detecting Fraudulent Workers’ Comp and Car Claims
Nov 20 2003 // V, a provider of layered voice analysis technology (LVA) in North America and markets throughout the world, announced at the National Workers’ Compensation and Disability Conference this week, immediate availability...
‘Runner’ Bill on the Move in Mass. Legislature
Nov 19 2003 // The Massachusetts Joint Committee on Criminal Justice has favorably reported out a bill designed to fight insurance fraud by cracking down on “runners” who promote auto insurance fraud. “The first step in...
Alliance Also Supports Mass. “Runner” Bill
Nov 19 2003 // The Alliance of American Insurers joined the NAII (see previous article) in urging quick approval of the proposed Massachusetts law that would prevent so-called “runners” from recruiting clients for...
Louisiana Agent Arrested for Fraud, Theft
Nov 18 2003 // The Louisiana Department of Insurance announced that a Ruston, La., insurance agent whose licenses recently expired was issued a cease and desist order in the wake of his arrest on charges of felony theft and insurance...
