All the headlines from our Fraud Topic Page, ordered by recency.
Mar 23 2012 // Ohio leads the nation in property insurance claims for the theft of copper and other metals, an industry-supported organization that fights insurance fraud says.The National Insurance Crime Bureau says Ohio property owners...
Mar 21 2012 // State police say a former candidate for St. Helena Parish, La., sheriff has been booked on counts of insurance fraud and felony theft.Trooper Nick Manale tells The Advocate 36-year-old Frederick Bell of Kentwood is accused...
Mar 21 2012 // Reporting of cargo theft in the United states has improved thanks to data sharing by insurers, the transportation industry and law enforcement, according to an insurance industry tracking service.CargoNet, which was formed...
Mar 21 2012 // While state officials are widely praising Florida’s new no-fault auto insurance law, insurers are wary of having to implement rate decreases before there is a corresponding drop in losses as the new law...
Mar 20 2012 // A Costa Rican company accused of a $670 million insurance fraud scheme has pleaded not guilty in federal court in Richmond, Va. Defense attorney John Russell entered the plea Monday on behalf of Provident Capital Indemnity...
Mar 20 2012 // Victims of Allen Stanford’s estimated $7 billion Ponzi scheme won a victory when a federal appeals court said they may pursue class-action litigation against third parties they believe aided in the now-convicted...
Mar 19 2012 // The owner of a Des Moines firm that provides companies with temporary employees has been sentenced to nearly five years in federal prison in a scheme to reduce the cost of his workers’ compensation insurance.The U.S....
Mar 19 2012 // A Richmond, Virginia, woman has been convicted on 35 counts of health care fraud and other charges.Federal prosecutors say a U.S. District Court jury found 49-yar-old Veronica Sharon Cunningham guilty last Thursday after a...
Mar 19 2012 // Dishonest doctors and medical mills in New York better watch out!Following highly publicized crackdowns of major auto insurance fraud rings in the state, Gov. Andrew Cuomo unveiled a statewide initiative this month to...
Mar 19 2012 // This article is part of our Hot Insurance Markets for 2012 special feature.The technology industry has been a growing sector in today’s economic environment and many insurers are responding by developing new products...
Mar 16 2012 // A federal appeals court stopped just short of throwing out a judge’s controversial rejection of the U.S. Securities and Exchange Commission’s $285 million fraud settlement with Citigroup Inc over mortgage...
Mar 16 2012 // On average, 23 cars are stolen — or almost one car per hour — every day in Minnesota, state officials say.Nearly 8,400 vehicles were stolen in Minnesota in 2010 alone, totaling more than $21.3 million in stolen value,...
Mar 15 2012 // A South Dakota sheriff’s deputy and former insurance producer who pleaded guilty in an insurance fraud case has been sentenced to about 2 1/2 months in jail and 2 1/2 years of probation. Forty-two-year-old Rob...
Mar 15 2012 // A federal judge has set an April 9 trial date for a former New Jersey schools superintendent accused of corruption.But a decision on whether Michael Ritacco’s can be tried separately from his co-defendant has been...
Mar 15 2012 // A guard at the Allegheny County Jail in Pittsburgh has been suspended without pay because police say she filed a false claim that her car had been stolen when she knew, instead, that her boyfriend had crashed the vehicle...
Mar 14 2012 // The Indiana and Nebraska legislatures recently passed much needed legislation that could help protect homeowners from contractor fraud and abuse, according to the Property Casualty Insurers Association of America...
Mar 14 2012 // Dishonest doctors and medical mills in New York better watch out!Following highly publicized crackdowns of major auto insurance fraud rings in the state, Gov. Andrew Cuomo unveiled a statewide initiative this month to...
Mar 14 2012 // Angry investors are seeing far fewer financial benefits from lawsuits accusing corporate America of securities fraud, but may be on the cusp of a turnaround.The number and size of securities fraud settlements that won...
Mar 12 2012 // In the end, the flashy business suits, charming smile, yachts, luxurious private jets and a passion for the sport of cricket couldn’t mask what Texas tycoon R. Allen Stanford actually was: a con man.Jurors who...
Mar 9 2012 // A former insurance agent who stole more than $1 million from elderly clients has been sentenced to 75 months in prison.Jasmine Jamrus-Kassim was arrested in March 2011 after an investigation by the state insurance...