The government wants to take up to 1,300 acres of land and $575,000 from a Central Kentucky farmer if he is convicted in an alleged conspiracy to file false crop insurance claims. The request is included in an indictment against Earl Lee Planck Jr., of Nicholas County, handed down as part of an investigation of widespread crop insurance fraud in Central Kentucky.
New Yorks financial regulator on Wednesday filed civil charges accusing the National Rifle Association of offering insurance to its members without a license and concealing how it routinely kept some of their premiums for itself.
A public adjuster in Delaware County has been charged with insurance fraud and related offenses for allegedly stealing $722,000 from a manufacturer in the Bridesburg section of Philadelphia.
The ongoing legal battle between Government Employees Insurance Co., Geico Indemnity Co., Geico General Insurance Company and Geico Casualty Co. (collectively Geico), and six parties has come to a close in an Arizona courtroom.
Investigators in California have arrested four suspects for their alleged involvement in a car insurance fraud ring. Their alleged activities cost scammed insurers $500,000 until they were found out by the California Department of Insurance, San Diego County District Attorneys Office, and the California Highway Patrol.
Insys Therapeutics Inc. founder John Kapoor and other former executives convicted of bribing doctors and lying to insurance companies to boost sales of an opioid painkiller should pay $306 million in restitution to insurers, federal prosecutors said in a court filing.
A U.S. government watchdog is raising fresh concerns that health insurers are exaggerating how sick Medicare patients are, receiving billions of dollars in improper payments as a result.
Insurance fraud has been around since, well, the beginning of insurance. The ancient Greeks created a form of maritime insurance to indemnify against potential losses incurred with the sinking of a commercial ship in transit. It became a common scheme for the boat owner to hide the boat in a foreign port and collect the insurance money.
Two former officials of a Florida city are charged with conspiring with two businesses to bilk the federal government out of $5 million in Hurricane Michael cleanup money, the U.S. attorneys office announced Tuesday.
PG&E Corp. says it has found suspicious monetary claims by victims of Californias wildfires, including one from a man who says a 500-pound (227-kilogram) emerald worth $280 million was destroyed at his home a year ago in the most destructive and deadliest wildfire in state history.
An effort to crack down on alleged fraud in the auto-glass repair industry, particularly along the Interstate 4 corridor, is spurring an insurance battle in the state Legislature.
A 48-year-old San Jose man pleaded guilty this week to orchestrating a series of fires as part of a scheme to collect millions of dollars in damages, authorities said.