March 27, 2007 – Phoenix, Ariz. – Insurance industry groups have banded together to create eight data initiatives and a central data repository to combat fraud, according to the keynote speaker at an industrywide meeting here of property/casualty claims and special investigations executives. The initiatives are designed to improve data collection, data sharing and data … ISO and NICB Team Up to Fight Fraud
Liberty NY – Two police officers have been arrested and charged with having the same person wreck their vehicles to collect insurance money. In one case, State Police at Liberty allege that William Kloss, III torched a 2005 Dodge Ram 2500 pickup truck for Edward Kowalik, Jr. Kowalik is a police officer with the New … NY Cops charged in insurance fraud scam
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By Arkansas Business Staff 2/14/2007 3:54:09 PM Arkansas State Insurance Commissioner Julie Benafield Bowman said Wednesday that a suspected insurance fraud ringleader, Frederick Watson, has turned himself in to Little Rock Police. The state Insurance Department said Watson is alleged to have masterminded a car crash ring operation that defrauded insurance companies of hundreds of … Alleged Arkansas Insurance Fraud Ringleader In Custody
PHOENIX Approving a measure aimed at helping to curb insurance fraud, the Senate on Monday voted to require that a person reporting an auto theft also present police with a signed affidavit. The Senate approved the bill on a 30-to-0 vote, sending it to the House. Under the bill, if an affidavit isn’t submitted within … AZ Senate votes to require affidavits for auto thefts
A 19-year-old Dearborn man is facing at least five years in prison after he pleaded guilty today to hiring someone to torch his family’s business for insurance purposes. Mouhamad Bazzi pleaded guilty in Ann Arbor before U.S. District Judge John Corbett O’Meara. On Jan. 13, 2006, arsonists hired by Bazzi burned down The Dollar Store/Smokey … Dearborn man faces prison in insurance fraud case
TALLAHASSEE After several months of investigations, dozens of suspects from Pensacola to Miami will be arrested the week of January 22nd for insurance fraud schemes that totaled at least $1 million. Chief Financial Officer Alex Sink announced the three-day operation as it kicked off Tuesday, stating she wants to send a strong message that Florida … FL Insurance Fraud Suspects Sought And Arrested
Florida’s chief financial officer has launched a nationwide search for an experienced and talented law enforcement official to lead the Department of Financial Services’ Division of Insurance Fraud (DIF). The government said Coalition Against Insurance Fraud numbers show Floridians pay an additional $1,400 in insurance costs each year due to fraud. “We’re looking for a … Wanted: Fraud buster
SAGINAW, Mich. A prosecutor says Saginaw’s mayor pro-tem will be charged for setting her luxury car ablaze last March and trying to cash in with a fraudulent insurance claim. Wilmer Jones-Ham, the former mayor, faces felony charges of arson of personal property and filing a fraudulent insurance claim. The charges carry five- and four-year sentences. … Saginaw mayor pro-tem faces arson, insurance fraud charges
MIAMI (Reuters) – A Florida doctor pleaded guilty on Wednesday to securities fraud in connection with a life insurance scam that cost 28,000 investors nearly $1 billion, prosecutors said. Clark Mitchell, the former director of a prominent AIDS clinic who was arrested more than five years ago on insurance fraud charges, agreed to be responsible … Florida doctor pleads guilty in $1 billion fraud
Eagle-Tribune The fight against auto insurance fraud is finally starting to pay off for drivers in Lawrence and across Massachusetts. But there’s more work that needs to be done to create a truly fair and competitive insurance system in the state. Last week, Insurance Commissioner Julianne Bowler announced an average 11.7 percent cut in premiums … Fighting insurance fraud means lower rates in Mass
Eight people have been charged with defrauding insurance companies by registering commercial motor vehicle fleets in upstate New York to avoid higher premiums in New York City. The following people were arrested on multiple counts of second- and third-degree insurance fraud and first-degree offering a false instrument: Peter Albano of Brooklyn Richard Shavel, on Monroe … Eight indited in NY Auto Insurance Fraud Scheme