North Carolina authorities have charged a 65-year-old man and his two sons with insurance fraud for allegedly submitting false and exaggerated claims to one of the state’s property insurers of last resort.
William Andrews Sr., of Elon, and his sons Steven Andrews, 36, also of Elon, and William Andrews Jr. of Burlington, face a total of 48 charges of fraud, forgery and obtaining property by false pretenses. They reportedly filed claims with the N.C. Joint Underwriting Association, also known as the FAIR Plan, Insurance Commissioner Mike Causey announced in a bulletin.
The men operate several businesses, including home repair and real estate management.
Details on the alleged fraud schemes were not provided. The men turned themselves in to authorities on June 17.
The FAIR Plan (Fair Access to Insurance Requirements) was established by state law in 1969 to write property insurance on vulnerable and hard-to-place properties in much of the state. A separate plan, the Coastal Property Insurance Pool, also known as the Beach Plan, helps cover hard-to-place coastal property.
Photo: Downtown Elon, North Carolina (Adobe Stock)
Topics Carriers North Carolina
Was this article valuable?
Here are more articles you may enjoy.
Insurance Sector Should Be on the Lookout for ‘Scattered Spider’ Hackers 
Viewpoint: Certificates of Insurance…Or How I Got a Job in the Prison Laundry 
Perelman at $410 Million Art Trial Says Fire Faded His Works 
Carnival Cruise Lines Not Liable for Teen’s Sexual Assault on Ship, Appeals Court Finds 
