All the headlines from our Fraud Topic Page, ordered by recency.
Aug 13 2009 // The Massachusetts Appeals Court has ruled an insurance company must pay the government for its remaining losses from a $9.4 million theft from the Treasury in the late 1990s. The theft remains the largest loss of state...
Aug 11 2009 // Jeff Korte has been named director of the Special Investigative Unit for Litigation Solutions.Korte will manage unit, which offers SIU Programming, State Compliance & Reporting and other services for property casualty...
Aug 10 2009 // Enforcement actions taken by Texas Commissioner Mike Geeslin that became final during June included 18 license revocations, five license denials and fines and restitution totaling $441,318, the Texas Department of...
Aug 3 2009 // Willis has been named in a second lawsuit stemming from its relation with indicted financier Allen Stanford. A Venezuelan investor, Reinaldo Ranni, filed a class action in U.S. federal court in Miami on July 17, accusing...
Jul 23 2009 // A group of more than 200 investors who believe they were defrauded by their Nebraska-based brokers will share roughly $900,000 in a settlement with one of their brokers’ former employers. The company’s...
Jul 20 2009 // Thirteen people have been charged with auto insurance fraud in connection with what Massachusetts police say was a staged accident that resulted in more than $76,000 in insurance payouts. Lawrence, Massachusetts Police...
Jul 20 2009 // Does a bad economy increase crime? According to Mike McKee, senior special agent for the National Insurance Crime Bureau, it’s too soon for statistics to confirm whether the mortgage meltdown and unemployment lead...
Jul 17 2009 // The UK’s insurers are fighting back in the war against fraud. According to a report published by the Association of British Insurers, “the cost of insurance fraud is now estimated to be £5.2 million [$8.48...
Jul 17 2009 // The number of insurance fraud arrests in New York was down very slightly in the first half of the year, but conviction are up, according to a newly updated fraud report by the state’s insurance department.The New...
Jul 13 2009 // Louisiana Commissioner of Insurance Jim Donelon announced that the Louisiana Automobile Theft and Insurance Fraud Prevention Authority (LATIFPA) within the Department of Insurance has launched a new Web site with...
Jul 9 2009 // New York Attorney General Andrew M. Cuomo announced the indictment of 12 people and 9 corporations across New York City for their roles in an alleged criminal enterprise that paid hospital employees for confidential...
Jul 8 2009 // Thirteen people from Lawrence and Methuen have been charged with auto insurance fraud in connection with what police say was a staged accident that resulted in more than $76,000 in insurance payouts. Lawrence Chief John...
Jul 6 2009 // Elected county officials in Kentucky who run afoul of the law can have their legal bills paid by a nonprofit lobbying group set up for the state’s counties. The Kentucky Association of Counties’ taxpayer-funded...
Jul 6 2009 // A federal judge has denied a convicted West Virginia physician’s request for a new trial. Dr. John C. Sharp of Marlinton was convicted last year on 29 counts of health care fraud for billing insurers for services he...
Jul 6 2009 // New York State licensed insurance agents and brokers should be aware of an identity theft scam involving telephone calls used to target insurance professionals in at least a half dozen states. Acting New York Insurance...
Jul 6 2009 // Above and Beyond Autos“Insurance fraud in the islands is not solely committed against automobile insurance, and the state’s effort should not be restricted to a single line of insurance.” —Coalition...
Jul 1 2009 // Georgia Insurance Commissioner John W. Oxendine said insurance agents in several states have been called by scammers posing as insurance regulators in order to collect personal data that would make I.D. theft...
Jun 30 2009 // The Illinois Department of Insurance reported that a licensed insurance agent, Larry Chouinard of Kankakee, has been arrested for allegedly defrauding 13 businesses of nearly $370,000.Bradley, Ill., police arrested...
Jun 29 2009 // California Gov. Arnold Schwarzenegger has proposed downgrading insurance crimes in California from felonies to misdemeanors to help reduce the prison budget — a move that insurance and fraud experts say would have...
Jun 25 2009 // The parent company of retailers T.J. Maxx and Marshall’s will pay $9.75 million in a settlement with multiple states related to a massive data theft that exposed tens of millions of payment card numbers.Framingham,...