All the headlines from our Fraud Topic Page, ordered by recency.
Aug 30 2017 // Beazley has launched a new excess policy for the U.S. market that significantly expands the protection available to firms that fall victim to impersonation scams by fraudsters convincing employees to wire funds to external...
Aug 25 2017 // An insurance agent in Floyd County, Ga., has been arrested on fraud charges related to the misappropriation of insurance premiums, according to the Georgia Department of Insurance.Marshall Irwin, 56, owner and operator of...
Aug 25 2017 // Authorities in Florida say an auto theft suspect who wanted to watch the moon blot out the sun instead has a blot on his record.The Orange County Sheriff’s Office said on its Facebook page that Jocsan Rosado was...
Aug 23 2017 // County officials in Mississippi say a toxic cloud of chlorine was released when a stolen car crashed into a utility station and killed two passengers. WLOX-TV reports Harrison County Sheriff Troy Peterson says the BMW...
Aug 22 2017 // The owner of multiple property/casualty insurance operations in northern Illinois has been indicted once again, this time on charges that he defrauded more than 100 clients.Todd J. Fendler, of Rockford, Ill., previously...
Aug 22 2017 // An investigation led by the Florida Department of Financial Services (DFS) Bureau of Insurance Fraud has led to the arrest of a Miami insurance agent for attempting to evade a higher insurance premium for his assisted...
Aug 21 2017 // In testimony on Capitol Hill in early August, Oklahoma Insurance Commissioner John Doak told federal lawmakers that fraud across all lines of insurance costs the industry an estimated $80 million to $100 million...
Aug 21 2017 // A former Texas insurance agent has been sentenced to five years in prison for insurance and identity theft fraud, according to state insurance regulators.Dermaine Clark of San Antonio also was ordered to pay more than...
Aug 21 2017 // In testimony on Capitol Hill in early August, Oklahoma Insurance Commissioner John Doak told federal lawmakers that fraud across all lines of insurance costs the industry an estimated $80 million to $100 million...
Aug 15 2017 // California’s Division of Workers’ Compensation has suspended five more medical providers from participating in the state’s workers’ comp system, bringing the total number of suspended providers to...
Aug 15 2017 // Dermaine Clark of San Antonio has been sentenced to five years in prison and ordered to pay more than $45,000 for a string of insurance fraud cases, the Texas Department of Insurance announced.TDI fraud investigators say...
Aug 14 2017 // Michael Charles Young, 30, of Sacramento, Calif., the reported leader of a large auto insurance fraud ring, was sentenced to more than 10 years in state prison for bilking insurance companies out of an estimated $500,000...
Aug 14 2017 // The state of Michigan said it has reversed at least 44,000 unemployment benefit fraud cases covering a two-year period and is refunding nearly $21 million after a computer system wrongly accused people of collecting...
Aug 14 2017 // Delaware State Police say more arrests are expected in an investigation involving a Philadelphia woman accused of distributing fraudulent prescriptions for controlled substances.Police said Thursday that 49-year-old...
Aug 10 2017 // The Maryland Insurance Administration has appointed Erica J. Bailey as its associate commissioner of compliance and enforcement.Bailey brings 15 years of experience to the team, including the last ten investigating...
Aug 9 2017 // Germany’s agriculture minister said on Tuesday that the contamination of millions of eggs with a potentially harmful insecticide was “criminal,” as authorities in several European countries continued to...
Aug 7 2017 // Pulling the wool over the insurance company’s eyes seems like a victimless crime. After all, if a few dollars are saved by saying a car is a personal vehicle instead of the commercial work truck it really is, who...
Aug 1 2017 // A U.S. district judge in Texas has sentenced a former postal employee to 21 months in federal prison for participating in a scheme to defraud the Department of Labor’s (DOL) Office of Worker’s Compensation...
Aug 1 2017 // A new lawsuit accuses Wells Fargo & Co. of racketeering violations and fraud after the bank admitted to charging several hundred thousand borrowers for auto insurance they did not ask for or need, causing many...
Jul 28 2017 // Federal class action securities fraud filings hit a record pace in the first half of 2017. Over the past six months, plaintiffs initiated 226 securities fraud class actions in federal court, more than in any equivalent...