Home » Archive

Articles in the Insurance Fraud Category

General, Insurance Fraud »

[27 Apr 2011 | No Comment | 166 views]

While no-fault insurance laws can make the claims process a lot easier for policyholders, an insurance expert says the policy is costing drivers millions in excess auto insurance payments due to so many people taking advantage of the system.

General, Insurance Fraud »

[21 Apr 2011 | No Comment | 168 views]

PROVIDENCE, R.I.—A former president of the North Providence town council has agreed to plead guilty to charges in an insurance fraud scheme involving a local radio host.

General, Insurance Fraud »

[19 Apr 2011 | No Comment | 255 views]

A Philadelphia police officer, a personal injury lawyer, seven auto damage appraisers and the owner and the manager of a Philadelphia collision repair shop have been charged in an insurance fraud scheme prosecutors say netted them millions over four years.

General, Insurance Fraud »

[15 Apr 2011 | No Comment | 206 views]

Fraudulent home insurance claims are costing honest policyholders around £13 a year in higher premiums, research indicates.

Insurer Axa said it had seen a rising trend in recent years for people to submit exaggerated claims under their home insurance, with one in three insurance brokers also saying they thought the problem was worse than it was a year ago.

Health Insurance, Insurance Fraud »

[13 Apr 2011 | No Comment | 163 views]

Manson Insurance’s former CEO has pled guilty to federal fraud charges.

David Scholfield admitted that he drafted $3.7 million in financial notes for customers who didn’t ask for them, forged customers’ signatures, then sold the notes to River Valley Bank. The bank lost nearly $2 million, according to court documents.

General, Insurance Fraud »

[12 Apr 2011 | No Comment | 162 views]

TALLAHASSEE — Two bills designed to fight auto insurance fraud made it through a Senate committee Tuesday, but not before facing criticism as handouts to insurers.

General, Insurance Fraud »

[6 Apr 2011 | No Comment | 168 views]

The average payout for a personal injury protection claim did not go up enough to keep up with the inflation rate for medical care over the past seven years.

And the conviction rate for so-called suspicious personal injury, or PIP, claims dipped since mid-2007, even though the state beefed up its fight against fraud.

General, Insurance Fraud »

[30 Mar 2011 | No Comment | 252 views]

Kathleen “Sissy” Ruggiero was arrested March 26 on charges she burned down her vacated Clinton home and claimed theft of items, which she allegedly took out of the home before allegedly setting it on fire.

General, Insurance Fraud »

[29 Mar 2011 | No Comment | 180 views]

The Ontario government is setting up a task force to advise it on how to deal with auto insurance fraud.

The task force, announced in Tuesday’s provincial budget, will be charged with determining the scope of the problem and finding ways to bolster investigative and enforcement efforts.

General, Insurance Fraud »

[21 Mar 2011 | No Comment | 152 views]

A former Legislator in Suffolk County, N.Y., will be spending some time in the slammer after being sentenced to two consecutive prison terms today by a Suffolk County judge for converting an $835,000 fire insurance check on his home to his own use.