All the headlines from our Fraud Topic Page, ordered by recency.
May 15 2006 // Twenty-eight individuals have been arrested in Florida for manufacturing, selling or buying fraudulent insurance binders and insurance identification cards according to Tom Gallagher, Florida’s chief financial...
May 14 2006 // California Insurance Commissioner John Garamendi announced the no contest plea for insurance broker Alicia Lavendier, 44, for one count of grand theft and one count of insurance premium theft.Lavendier pled no contest on...
May 12 2006 // A recent Insurance Research Council (IRC) study of auto injury insurance claims in the state of New York finds that claimants from the New York City metropolitan area exhibit very different claiming behaviors than...
May 12 2006 // California Insurance Commissioner John Garamendi announced the arrests of three suspects who were allegedly said to have participated in the staging of auto collisions on the 605 Freeway.Three of the suspects —...
May 12 2006 // The number of vehicles stolen in South Carolina has risen for the seventh year in a row. According to the National Insurance Crime Bureau’s (NICB) annual report on auto theft rates, Hot Spots, there were nearly...
May 11 2006 // In what supporters hope amounts to a preemptive strike on insurance schemes, Vermont’s legislature on its last day of the 2006 legislative session passed a bill making insurance fraud a specific crime.Gov. Jim...
May 9 2006 // Des Plaines, Ill.-based National Insurance Crime Bureau (NICB) reported that for calendar year 2005, the West, and particularly California, leads the nation in auto theft. All of the nation’s top ten areas with the...
May 9 2006 // Florida’s Legislature responded to a pandemic of staged accidents by passing the most-sweeping fraud reforms of any state this year, according to the Coalition Against Insurance Fraud.“The legislature realizes...
May 8 2006 // Editor’s Note: This is the second installment of a two-part roundtable discussion on identity theft. Part 1 examined the scope and source of identity theft, and can be found on page 100 of Insurance Journal’s...
May 8 2006 // The same week Enron Corp. founder Kenneth Lay told jurors that he did not intentionally deceive investors and analysts, another former Enron executive told the insurance and risk management community that Enron suffered...
May 8 2006 // Editor’s Note: This is the second installment of a two-part roundtable discussion on identity theft. Part 1 examined the scope and source of identity theft and can be found on page 100 of Insurance Journal’s...
May 5 2006 // Passage by Florida’s Legislature of Senate Bill 1596 and House Bill 561, sponsored by Sen J.D. Alexander and Rep. David Rivera, Florida’s Legislature has tightened the grip on insurance fraud artists who steal...
May 5 2006 // Donald Paul Hardwick, 43, of Fresno, Calif., has been charged with three felony counts of insurance fraud, theft of insurance funds and grand theft by embezzlement, stemming from investigations conducted by the California...
May 4 2006 // An Encino, Calif., chiropractor Nasrin “Nancy” Hadizadeh Fathi, 43, and legal assistant Behrouz Beck Saffary, 51, have pled no contest and were found guilty of one count each of insurance fraud, the California...
May 3 2006 // The cost of auto insurance is expected to rise by just 0.5 percent in 2006, the smallest increase in six years, reports the Insurance Information Institute.A declining number of auto accidents, safer cars and...
May 2 2006 // An unlicensed Los Angeles insurance agent, Jose Miguel Marquez, 23, has been sentenced to one year of summary probation and ordered to reimburse the California Department of Insurance (CDI) $10,000 for investigative costs...
May 1 2006 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during March.The actions include five license revocations, three license denials and fines and...
May 1 2006 // The Associated Press filed a story Wednesday, April 26, about a federal General Accounting Office (GAO) investigation of the Federal Emergency Management Agency (FEMA) and fraud associated with its post-Katrina financial...
Apr 28 2006 // According to the Coalition Against Insurance Fraud, what started as a life-insurance fraud scheme ended up as an execution. Michigan inmates Cameron Wade Sanders and Kevin Mykolaitis hatched a con while in prison to create...
Apr 27 2006 // A California Bay Area chiropractor, Dr. Linda Fang, has been arrested for insurance fraud. Fang was charged with eight counts of presenting fraudulent claims; eight counts of false statements in support of insurance...