A Philadelphia, Miss., man has been charged with multiple counts of insurance fraud.
Attorney General Jim Hood said in a news release that 46-year-old Phillip Willis was indicted in Neshoba County on three counts of false pretense. Willis has been freed on bond.
Hood said Willis is accused of defrauding four victims in three separate cases of more than $45,000 while doing business as owner/agent of Capital Risk Insurance Co. in Philadelphia.
He said Willis allegedly took payments from the victims to cover insurance premiums but never paid the premiums, which resulted in the victims’ coverage being cancelled or their having to repay their premium in order to keep from being cancelled.
Topics Fraud Mississippi
Was this article valuable?
Here are more articles you may enjoy.
KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event 
Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion 
How Federal Ban on Intoxicating Hemp Products Will Reshape Risk, Coverage 
AI’s Water Strain Includes Surging Demand From Electricity Use 
