Kansas Man Sentenced to 12 Months Probation For Insurance Fraud
Kansas Insurance Commissioner Vicki Schmidt announced last week that an Overland Park man has been sentenced to 12 months of probation for insurance fraud.
Matthew Finholm, age 43, pleaded guilty in the District Court of Johnson County to one misdemeanor count of a fraudulent insurance act. Finholm was driving on a cancelled insurance policy when he was in an accident, and then falsely claimed to have reinstated the policy prior to the accident. He pleaded guilty and was sentenced on February 16 to 12 months probation with 30 days underlying prison time if his probation is violated. Finholm also paid $500 in fines.
The Kansas Insurance Department investigated the case, which was prosecuted by the Kansas Attorney General’s Office.
Source: Kansas Insurance Department
- Cotality: Over 33 Million Properties at Risk of Hurricanes, Creating ‘Liquidity Traps’
- Cyberattack Surge Creates Opportunity for Insurers, Prompts Rethink on Premiums
- Florida’s Slide Insurance Files for Initial Public Stock Offering
- Definity Financial to Buy Travelers Cos.’ Canadian Operations for $2.4 Billion