Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
AAI Reports Concerns with Implementation of Some N.J. Auto Regulations
Oct 6 2003 // The Alliance of American Insurers submitted comments to New Jersey’s Department of Banking and Insurance expressing support for the Department’s efforts to move quickly in implementing the auto insurance reform...
Fla. Announces New Strategy for Fighting Auto Fraud
Oct 6 2003 // Continuing efforts to put an end to reported spiraling auto insurance premiums by combating fraud, Florida’s Chief Financial Officer Tom Gallagher recently joined Miami-Dade State Attorney Katherine Fernandez-Rundle...
Ohio DOI Moves Health Fraud, Insolvency Bills
Oct 2 2003 // Ohio Department of Insurance Director Ann Womer Benjamin announced that two Department initiatives designed to protect residents from fraudulent health insurance policies and to simplify liquidation proceedings involving...
Federated Insurance Helps IBC Fight Insurance Fraud
Oct 2 2003 // The Insurance Bureau of Canada issued a statement commending Federated Insurance Company of Canada for its help in fighting organized insurance fraud. The company is transmitting weekly claims data to by means of ACE batch...
Monroe County Jailer Arrested for Insurance Fraud
Oct 2 2003 // New York’s Superintendent of Insurance Gregory Serio announced the arrest of Robert Burney Jr., 54, a Deputy Sheriff Jailer for the Monroe County Sheriff’s office for defrauding his own uncle. He’s...
Alliance Praises N.J. Efforts to Fight Insurance Fraud
Oct 1 2003 // The Alliance of American Insurers has issued an announcement noting that the State of New Jersey has assumed a leadership role in efforts to fight insurance fraud, following a “change in attitude and increased...
NYSID Announces Fraud Arrest of Brockport Agent
Oct 1 2003 // New York’s Superintendent of Insurance Gregory V. Serio announced the arrest of Lon T. Horton, 54, a licensed insurance agent and broker, and owner of Horton Insurance Services, located in Brockport, N.Y. on charges...
NYC Auto Fraud Bust Nets 51
Sep 30 2003 // Authorities announced the arrest of 51 individuals as part of the takedown of a no-fault insurance fraud ring in New York City last weekend. All are accused of taking part in a scheme that netted millions of dollars. The...
Fla. JUA Agrees to Finance PIP Fraud Prosecutor
Sep 30 2003 // In a move that will reportedly help insurers fight auto fraud in the state, the Florida Joint Underwriting Association (JUA) board recently agreed to finance a prosecutor in the Dade County State’s Attorney’s...
PIANY Congratulates NYSID on Success of IIES System, More Effort Needed on No-fault Fraud
Sep 30 2003 // The Professional Insurance Agents of New York State Inc., has issued a bulletin congratulating the New York State Insurance Department and the Department of Motor Vehicles on the recent success of the Insurance Information...
Florida Businessman Charged with Theft
Sep 25 2003 // Florida’s Chief Financial Officer Tom Gallagher announced that a former owner and director of Mobile Home Division of America Inc. was charged with felony grand theft in relation to allegations that he...
NYSID Announces Arrest of Queen’s Man for Selling Fraudulent Auto ID Cards
Sep 24 2003 // New York’s Superintendent of Insurance Gregory V. Serio announced that Vincent Morciglio, 49, of Jamaica was arrested on Friday and charged with two counts of forgery and two counts of criminal possession of a forged...
Agent Sentenced for Felony Insurance Fraud
Sep 22 2003 // John Vernon Liller, 53, of Carson City, Nev., was sentenced after pleading guilty to felony fraud charges. Liller was the owner and agent at a Farmers Insurance office for over 22 years. Between March 2000 and March 2001,...
Orange Cty Agents Plead Guilty to Theft, Conspiracy
Sep 22 2003 // Two former insurance agents have been sentenced to imprisonment and ordered to pay $322,000 in restitution after an investigation by the California Department of Insurance revealed the two had allegedly stolen insurance...
ALLIANCE SAYS CALIF. EMERGENCY REGS ON FRAUD INVESTIGATIONS ARE UNNECESSARY
Sep 22 2003 // The California Department of Insurance’s proposal to further regulate the special investigations units of insurance companies is excessive and unnecessary according to the Alliance of American Insurers. In written...
$585 Million Settlement at Hand in Credit Lyonnais/ELIC Fraud Case
Sep 22 2003 // Nothing apparently concentrates the corporate mind so effectively as being named in a criminal complaint. A week after a federal grand jury in Los Angeles issued a sealed indictment which reportedly accused it, and...
WC Fraud Earns N.D. Man One-Year Jail Time
Sep 22 2003 // A Williston, N.D., man has become the first employer ever sentenced to serve jail time for committing workers’ compensation fraud in state history, according to a statement from the Insurance Department. Robert...
$585 Million Settlement at Hand in Credit Lyonnais/ELIC Fraud Case
Sep 22 2003 // Nothing apparently concentrates the corporate mind so effectively as being named in a criminal complaint. A week after a federal grand jury in Los Angeles issued a sealed indictment which reportedly accused it, and...
Luxury Vehicles on East Coast Targeted for Theft, Export to Nigeria
Sep 17 2003 // The recovery of 12 vehicles to Baltimore from Antwerp, Belgium announced this week reportedly illustrates a troubling trend in vehicle theft, the targeting of luxury vehicles in the United States for theft and export to...
Louisiana Shuts Down Agent for Multiple Violations
Sep 12 2003 // Louisiana Insurance Commissioner Robert Wooley announced that a former insurance agent (producer) in Haynesville, La., was ordered to cease and desist from all activity in the business of insurance in the latest...
