insurance fraud News

Los Angeles Residents Busted for Felony Insurance Fraud

Tony Bimbo aka Anthony Riste and Brandy Riste, both of Los Angeles, were arrested on two felony counts of insurance fraud after they allegedly conspired with Bobby Vlado to defraud Alliance United Insurance Company out of nearly $18,000. Investigators are …

New Jersey Law Adds Penalties for Falsely Registering Vehicles in Other States

New Jersey drivers who lie that they garage and drive their vehicles in other states to save on auto premiums now could face insurance fraud charges, announced the Coalition Against Insurance Fraud. Gov. Chris Christie signed a bill last week …

Louisiana Police Arrest 34 for Insurance Fraud

Louisiana State Police say a two month investigation into insurance fraud and auto theft led to the arrest of 34 people across the state. Troopers say in news release its Insurance Fraud and Auto Theft unit investigated staged crashes, fraudulent …

Widow Sentenced to 4 Years for Connecticut Mansion Arson

A widowed mother of two from Florida has been sentenced to four years in prison for burning down her former million-dollar home in Connecticut for the insurance money. The Connecticut Post reports that 39-year-old Amanda Azevedo pleaded with a state …

Former Allstate Adjuster Arrested for Insurance Fraud in Georgia

Georgia Insurance Commissioner Ralph Hudgens announced the arrest of an insurance claims adjuster and her accomplice brother for allegedly stealing more than $79,000 from her former employer. Arleatha Martin of Macon, and her brother Christopher Lorenzo Battle of Locust Grove, …

Former Georgia Mayor Charged With 12 Counts of Insurance Fraud

The former mayor of Milledgeville, Ga., has turned himself in to face a dozen charges of insurance fraud. The Macon Telegraph reports 52-year-old Richard Bentley was booked at Baldwin County Jail on Monday. Officers say Bentley is under arrest for …

Men Indicted for Causing Train Wreck in Insurance Fraud Scheme

Two men in South Carolina face seven federal charges after authorities say they parked a car on train tracks, causing an Amtrak train to derail, then came back and claimed they were injured in the crash. Prosecutors say 33-year-old James …

Studies Reveal User Mistakes Aid Most Cyberattacks

When a cyber security breach hits the news, those most closely involved often have incentive to play up the sophistication of the attack. If hackers are portrayed as well-funded geniuses, victims look less vulnerable, security firms can flog their products …

Device Reputation Aids UK Insurer in Busting Crash for Cash Scheme

As insurance fraud continues to evolve more aspects of the crime involve digital technology. In the UK, where a considerable amount of policies are generated through online transactions, much can be learned about the customer through the devices used to …

Commentary: 4 Reasons Why Insurers Should Incentivize Third Party Inventories

As many insurers are well aware, few homeowners are fully prepared when disaster strikes. Jay Straughan, Enservio’s vice president of claims, was recently quoted as saying “almost none of the insureds he encounters have property inventory lists.” Even if these …