Alabama outdoorsman must pay $1 million for bogus Katrina claim
Tuesday, November 13th, 2007 Catastrophe Fraud PropertyA federal judge has ordered jailed Ala. outdoorsman Edmond H. "Eddie’’ Smith IV to pay more than $1 million to an insurance firm that accused him of filing a bogus post-Hurricane Katrina damage claim for a riverfront mansion near Mobile. Lexington Insurance Co. sued Smith in May. U.S. District Judge William Steele last week granted Lexington’s request for a default judgment for a little over $1 million. Attorneys for Lexington declined to comment.
External References & Further Reading
http://www.insurancejournal.com/news/southeast/2007/11/12/84961.htm
