A long-running investigation into a San Diego-area auto insurance fraud ring involving staged collisions and thefts has resulted in charges against 32 defendants and uncovered $822,000 in losses, state officials said Friday.
A Boca Raton physician has pleaded guilty to four counts of defrauding three insurance companies of more than $17 million, the Palm Beach County State Attorney’s Office announced Monday.
Jim Beck, the suspended insurance commissioner of the state of Georgia, will be going to trial over allegations that he defrauded his former employer of $2 million.
From billboards to daytime TV, advertisements for the law firm of Jacoby & Meyers are inescapable. It can be difficult getting through a television show or sporting event without hitting a commercial for the 49-year-old law group, said to have 300 attorneys in 50 states.
A dozen chiropractors across Los Angeles County were charged Tuesday in a $2.5 million insurance fraud scheme involving medical claims related to car collisions.
Things are looking pretty rough for GEICO, as not only did the insurer recently suffer a data breach, but it was also discovered that the hackers responsible are using consumers’ compromised information to fraudulently apply for unemployment benefits.
When combating insurance fraud, there are three watchwords to keep in mind: detect, deter, and refer. You detect fraud to deter perpetrators, and refer all suspicious activity to your special investigation unit.
A McCordsville man was sentenced to 47 months in prison for conspiracy to commit wire fraud. According to court documents, Wesley A. Smith, 31, was employed by Seven Corners, a travel insurance business located in Carmel. His duties included processing travel insurance claims of Seven Corners clients.
Identity theft specifically linked to unemployment jumped to astronomical levels last year during the COVID-19 pandemic, according to data from Allstate Identity Protection (AIP), Allstate Insurance’s identity theft insurance business.
Seven people face criminal charges in Fargo for allegedly running a car insurance fraud ring where they crashed into each other’s vehicles and collected insurance money for profit.
A doctor has been arrested on suspicion of helping to fabricate medical certificates in up to 30 fraudulent insurance claims. The man, who is aged in his 50s and runs a medical practice in north Dublin, was arrested as part of a Garda investigation into some 200 fake insurance claims which were lodged with the help of a solicitors’ firm.
The judge presiding over the Boys Scout of America bankruptcy is weighing a request by insurance companies for permission to serve document requests on 1,400 people who have filed sexual abuse claims and to question scores of them under oath in an effort to determine whether there is widespread fraud in the claims process.
When it comes to insurance fraud, everyone is affected. Whether it is through higher premiums for customers; delayed handling of legitimate claims; delayed access to customer service or claims personnel (because fraudulent claimants often push for quick payments through multiple calls, texts, or emails, taking time away from legitimate claimants); costs to investigate fraudulent claims; and sometimes, injuries or death to others, we are all affected by these fraudulent claims for money.