All the headlines from our Fraud Topic Page, ordered by recency.
Apr 6 2009 // $109 MillionThe amount Ernst & Young LLP has agreed to pay to HealthSouth Corp. shareholders who sued the firm for failing to detect an accounting fraud involving more than a dozen executives, according to papers...
Apr 6 2009 // Insurance agents, brokers and regulators should be aware that when it comes to insurance, consumers are concerned with such issues as the use of credit scores in determining rates; purchasing policies over the Internet;...
Apr 1 2009 // Connecticut police say that a weekend theft of cigarettes from a Milford warehouse is now estimated to be worth about $1 million.Police say the thieves who broke into Montano Cigarettes, Candy & Tobacco Inc. stole...
Mar 27 2009 // A federal judge in Delaware has sentenced a former AIG employee who stole nearly $500,000 over four years to a year and a day in prisonStacey Baisden, who pleaded guilty to mail fraud last year, apologized in court...
Mar 27 2009 // Court records show that a business owner in Hudson, New Hampshire faces a federal wire fraud charge alleging that he stole roughly $100,000 from a client.Scott Drohan, owner of Juskel Services, was released on personal...
Mar 27 2009 // The former CEO of Louisiana’s state-backed insurance company wants the criminal case against him moved from East Baton Rouge to Jefferson Parish.Terry Lisotta’s lawyer, David Courcelle, said the fraud case...
Mar 27 2009 // Ernst & Young LLP has agreed to pay $109 million to HealthSouth Corp. shareholders who sued the firm for failing to detect an accounting fraud involving more than a dozen executives.According to papers filed in...
Mar 25 2009 // Three northeast states have the lowest crime rate, while Nevada, Louisiana and South Carolina have the highest crime rate, according to a new study.New Hampshire (1) received the lowest crime rate ranking again this year,...
Mar 24 2009 // Normally, a 2008 BMW M3 or 3 Series sedan in excellent condition would sell for between $35,000 and $42,000 in a private party transaction, depending on mileage and equipment.For some Jones County buyer who possibly...
Mar 23 2009 // With consumers’ credit scores dropping as lenders tighten credit terms, insurance consumer advocates are stepping up their criticism of the use of credit scores by insurance companies.They are also warning insurers...
Mar 23 2009 // 0.08Legislation that would lower the legal blood alcohol concentration limit for the offense of boating under the influence from 0.10 percent to 0.08 percent has been approved by the Oklahoma Senate. The measure also would...
Mar 23 2009 // Insurance Journal spoke with some of the National Association of Insurance Commissioners (NAIC) consumer liaisons and found that in addition to credit scoring, their issue lists include Internet sales of insurance; the...
Mar 23 2009 // North Carolina officials have arrested an Indiana man and charged him with allegedly filing more than $10,000 in false claims related to 11 crashes between December 2005 and June 2008.North Carolina Insurance Commissioner...
Mar 19 2009 // A Connecticut trucking company owner whose poorly maintained dump truck lost control and caused a fiery crash that killed four people in 2005 has pleaded guilty to manslaughter and assault charges.David Wilcox, 73, entered...
Mar 17 2009 // Investigations by The New York State Insurance Department Frauds Bureau led to 755 arrests in 2008 — a slight increase over 2007 and and the highest arrest total since 2004, the department said.“Arrests for...
Mar 16 2009 // A retired Pennsylvania Superior Court judge is appealing his conviction on charges of falsely collecting $440,000 from insurance companies.Michael Joyce was sentenced Tuesday to three years and 10 months in federal prison....
Mar 12 2009 // The chairman of the Texas Committee on Insurance Fraud says telemarketers continue to harass the victims of auto accidents whether they have been injured or not. The group is endorsing a bill being introduced in the Texas...
Mar 12 2009 // A North Carolina commission may pay out about $1.4 million to reimburse crime victims for out-of-pocket expenses they incurred related to crimes committed against them. The Crime Victims Compensation Commission heard a...
Mar 12 2009 // A retired Pennsylvania Superior Court judge was sentenced to three years, 10 months in prison Tuesday for falsely collecting $440,000 from insurance companies after being injured in a slow-speed fender bender.Michael Joyce...
Mar 11 2009 // Texas Mutual Insurance Company reported that it saved or recovered $4.1 million through its workers’ compensation fraud investigations in 2008.According to the company, the $4.1 million includes: claimant fraud...