Claim Payout Was $22K, But Insurance Fraud Investigation Digs Up Hummer

Behind a barn off a dirt road in Washington County near the Tibbie community, a track hoe began digging and with every scoop of earth it pulled away what had been buried for six years was slowly revealed a white, 2006 Hummer H2.
April 8, 2022 Auto Fraud Alabama

Study: Insurers Suspect Rise In Fraudulent Claims Since Start Of Pandemic

Insurance professionals’ suspicions about fraudulent claims have increased during the pandemic as fraudsters have become more creative, according to a recent survey.
April 7, 2022 Fraud

Fighting Insurance Fraud Is Not ‘Gotcha!’

I am not in favor of the same person authoring two blogs in a row. All Coalition members are invited to participate in ‘FraudBlog’ to share their views, insights and opinions. My attendance at a recent major insurance conference banquet though caused me to violate my own rule.
April 5, 2022 Fraud

Louisiana Doctor Pleads Guilty In Comp Kickback Conspiracy Involving Pain Creams

An Alexandria, Louisiana, physician pleaded guilty Tuesday to having conspired to violate three different federal statutes in connection with a kickback scheme to defraud both federal and private workers compensation insurers, according to an announcement by the U.S. Attorney’s office of the Western District of Arkansas.
April 1, 2022 Fraud Workers' Compensation Arkansas Louisiana

Staged Accidents Investigation In New Orleans Nets 32nd Guilty Plea

With her plea of guilty to mail fraud conspiracy, Ishais Price, 41, has become the 32nd defendant to admit criminal responsibility in a scheme to stage 77 vehicle accidents with big trucks and buses in New Orleans, claim injuries, hire crooked lawyers and collect fat settlement checks from insurance companies.
March 29, 2022 Fraud Louisiana

The Most Common Types Of Insurance Fraud

The country’s insurance industry consists of an estimated 7,000 companies, collecting more than $1 trillion in premiums each year, according to the latest figures from the Federal Bureau of Investigation (FBI). The law enforcement agency adds that because of its sheer size, the sector contributes significantly to the cost of insurance fraud by providing bigger opportunities and financial incentives to those committing illegal acts.
March 29, 2022 Auto Fraud Insurance Industry Workers' Compensation

Fraud, Litigation Push Florida’s Home Insurers Into Insolvency

Insurers protecting Florida’s homeowners are going under. And it’s not the state’s infamous storms dragging the firms down -- it’s a deluge of lawsuits and fraud.
March 24, 2022 Fraud Litigation Property Florida

Peabody Construction Company Owner Sentenced For Tax And Workers’ Compensation Fraud

The former owner of a Peabody construction company was sentenced today in connection with a scheme to defraud the IRS of payroll taxes and to defraud his workers’ compensation insurance carrier by failing to disclose how many workers he employed.
March 24, 2022 Fraud Workers' Compensation Massachusetts

Insurance Agency Ordered to Pay $500K to Settle Fraud Allegations Involving Michigan Farmer

An insurance company was ordered to pay half a million dollars in settlement as a resolution for fraud allegations, according to the U.S. Attorney’s Office – Western District of Michigan.
March 10, 2022 Fraud Insurance Industry Michigan

Florida Woman Charged with Comp Fraud After Faking Kidnapping

A Florida woman who said she was kidnapped, raped and thrown out of a vehicle last year has now been charged with insurance fraud.
March 10, 2022 Fraud Workers' Compensation Florida

Beyond Bad Faith

Look closely … A trend is emerging. While we were all distracted, navigating the ever-shifting terrain of pandemic life, courts and legislatures moved forward with attempts to hinder fraud-fighting.
March 3, 2022 Fraud Legislation & Regulation Liability Litigation

Car Tech is Exposing Tales Spun By Insurance Fraudsters

The story began with a 20-year-old Manitoban saying he’d fallen asleep at the wheel in a newer model Chevy Silverado, veering off the road and crashing into a few parked cars.
February 18, 2022 Auto Fraud Technology

Best Practices For Preventing Fraud In The Digital Age

Insurance carriers have witnessed a dramatic increase in consumers’ acceptance of digital activity compared to the pre-pandemic levels of early 2020. We expect these accelerated levels are only going to increase.
January 27, 2022 Fraud Technology

Exploring Anti-Fraud Technology

What do space exploration and anti-fraud technology have in common? More than you might think. Great new technologies are influencing things once thought improbable, if not impossible.
January 20, 2022 Fraud Technology

Feds Bust Gangs For $100M No-Fault Insurance Fraud Racket

Two gangs that enlisted trusted professionals to steal $100 million dollars from insurance companies were taken down Wednesday in what the feds are calling one of the biggest fraud busts in history.
January 14, 2022 Auto Fraud New Jersey New York
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