North Carolina Woman Accused of Filing $42K Property Claim With 2 Companies

September 29, 2016

A woman in North Carolina has been arrested and charged with insurance fraud for allegedly submitting a duplicate property claim, according to North Carolina Insurance Commissioner Wayne Goodwin. Kathryn Taylor Reynolds, 39, of Dobson has been charged with one count each of insurance fraud and obtaining property by false pretense in Davidson County.

North Carolina Department of Insurance criminal investigators accuse Reynolds of submitting duplicate property loss documentation to The Cincinnati Insurance Companies in support of a theft that had already been paid for by a different insurance carrier. Investigators allege Reynolds received $42,013.73 in payment from Cincinnati.

With assistance from the Lexington Police Department, Reynolds was arrested on Sept. 8 in Davidson County and place under a $2,500 bond.

The Department of Insurance employs 20 sworn state law enforcement officers dedicated to investigating and prosecuting claims of insurance and bail bonding fraud.

Source: North Carolina Department of Insurance

Topics Property North Carolina

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Latest Comments

  • October 10, 2016 at 4:46 pm
    Little_league says:
    Looks like someone with, 'family tobacco money', wouldn't need to file a claim with 'two companies', funny that the 'Comprehensive Loss Underwriting Exchage' only shows this w... read more
  • October 10, 2016 at 2:27 pm
    Little_League says:
    Seems that anyone who has 'family tobacco money' wouldn't need to cheat an insurance company, my guess is that it's mearly another attempt at 'big business' to cheat victims o... read more
  • September 29, 2016 at 9:20 am
    Fair Playing Field says:
    And that's when Kathryn Taylor Reynolds learned about the Comprehensive Loss Underwriting Exchange. She would have been better off just getting by on the family tobacco money... read more

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