Seven New York individuals were arrested for their alleged participation in a variety of insurance scams which amounted to more than $100,000 in fraudulent claims.
Superintendent Gregory Serio along with Nassau County District Attorney Denis Dillon announced the arrests. Working with a number of agencies, Dillon’s office brought charges against four individuals for fraudulently claiming workers’ compensation benefits; a pair of individuals who allegedly defrauded the insurance companies where they were employed; and one individual for filing a false stolen property claim with her insurance company.
Serio proclaimed the arrests as a sign of victory for all New Yorkers who indirectly pay for fraudulent insurance claims through increased premium costs.
Was this article valuable?
Here are more articles you may enjoy.
Swiss Re Shares Drop After New Profit Target Falls Short of Expectations 
Viewpoint: Healthcare Cyber Insurance at an Inflection Point 
One of Highest Property Claims Severity Recorded in Q3 on Low Volume, Says Verisk 
Pierce Named CEO of GEICO as Combs Resigns 
