All the headlines from our Fraud Topic Page, ordered by recency.
Jul 27 2005 // A former California insurance broker/agent faces up to 20 years in prison after pleading guilty in New York to conspiracy charges related to insurance fraud. The case stems from the findings of a joint investigation by the...
Jul 26 2005 // Twenty-eight percent of identity theft victims indicate they have not been able to restore their identities, despite averaging more than a year trying.Results of a survey of 1,097 identify theft victims by Nationwide...
Jul 25 2005 // Two attorneys pleaded guilty Friday in connection with a Southern California insurance fraud ring that allegedly staged vehicle collisions and filed false insurance company claims, officials said.Curtis Mitchell Shaw, 61,...
Jul 22 2005 // Medicaid fraud consisting of financial abuses by doctors, providers and patients will be targeted by a new 10-member fraud unit being formed in North Carolina.“We have to ensure that every Medicaid dollar is well...
Jul 22 2005 // After a string of high-profile data thefts and losses, business leaders this week announced an education campaign to better protect sensitive client information from hackers and other thieves.“The fraudsters are ever...
Jul 21 2005 // Fraud costs the insurance industry between $85 billion and $120 billion a year, according to the Insurance Information Institute (I.I.I.). Independent agents, claims adjusters, and most importantly consumers are impacted...
Jul 21 2005 // Insurance Commissioner John Garamendi issued the following statement today in regard to the jury’s award of $700 million in punitive damages against Artemis S.A. for its participation in a conspiracy to defraud the...
Jul 20 2005 // In a combined effort to combat fraud and protect workers from serious injury and death, the Washington Department of Labor and Industries (L&I) has cited a Tacoma roofing contractor for workers’ compensation...
Jul 20 2005 // Eight individuals have been apprehended in West Palm Beach, Fla. for attempting to claim more than $120,000 in auto insurance theft benefits; but, there was one hitch, they attempted to “ditch” the vehicles by...
Jul 18 2005 // The Louisiana State Police announced the arrest of Sam Medica, age 42, of Alexandria, who is charged with LRS 14:67.16 Identity Theft (1 Count). Medica’s arrest follows a year-long investigation that began when...
Jul 18 2005 // The Washington Department of Labor and Industries’ fraud program recovered more than $27 million in the first three months of this year, according to a report sent to the state Legislature and the Office of Financial...
Jul 18 2005 // Like many pediatricians, Dr. Raymond Jones has enjoyed watching his “kids” graduate from infancy to college. But his smiles often masked his anxiety that he was about to be ruined.The 2002 collapse of his...
Jul 18 2005 // ArkansasP/C Claims Reports Hearing Scheduled The Arkansas Insurance Department will hold a public hearing July 27 to determine whether Insurance Commissioner Julie Benafield Bowman should revise and re-adopt Rule and...
Jul 18 2005 // Like many pediatricians, Dr. Raymond Jones has enjoyed watching his “kids” graduate from infancy to college. But his smiles often masked his anxiety that he was about to be ruined.The 2002 collapse of his...
Jul 18 2005 // n6insurancejournal.xtg TITLE: Insurance Journal Airs Daily Fraudcaster Online Fraud costs the insurance industry between $85 billion and $120 billion a year, according to the Insurance Information Institute. Independent...
Jul 18 2005 // American Hobbyist Insurance, a national provider of collector-vehicle insurance, added real-time online quoting and submission capabilities to its newly redesigned Web site.AmericanHobbyist.com now provides online quoting...
Jul 15 2005 // Editor’s Note: Since first publishing this report, Insurance Journal has learned that Vahe K. Hagopian plead guilty to an infraction of practicing shorthand without a license and was sentenced to pay a fine of...
Jul 14 2005 // New legislation in Oklahoma that defines discount medical plans and protects consumers against high-pressure sales tactics and misleading information is welcome, according to Insurance Commissioner Kim Holland.Companies...
Jul 13 2005 // Insurance agent Dorsey R. Ash of the Ash Insurance Agency Inc. in Bridgeport, W.V. has agreed to plead guilty to one count of embezzlement, a felony; and one count of conducting a fraudulent scheme, also a felony,...
Jul 12 2005 // As part of its commitment to fight workers’ compensation insurance fraud, California’s State Fund will host a free fraud prevention seminar for employers at its Riverside District Office. The seminar will take...