Who in government is responsible for investigating fraud committed by the Insurer?
What would you do if you have reported information that a financially troubled insurance company had systematically and \”as a general practice of business\” sought to defraud claimants to an FBI field office, where you reported that contrary to laws of your own state\’s Insurance Division, they would not even meet with you to look at your evidence.
This evidence implicated not only this company, but other companies using this same practice.
This same FBI agent who interviewed you, later tells you that he has confirmed your information, but he has personally been threatened by senior executive officials within the FBI in Washington DC with the \”loss of his pension\” if he continued to pursued this case any farther?
This FBI field agent said he had been instructed by management to focus his investigations on bank robberies if he wanted to remain in the FBI.
Later you learn that the Deputy Director of the FBI at that time has since accepted a position as CEO of the Insurance industries\’ funded \”National Insurance Crime Bureau\” and that the former Insurance Commissioner during that period now sits on the Board of Directors your states largest Insurance Company.
The Insurance commissioner of this insurance companies state of domicile had allowed the company to transfer $200 million from the holding company to it\’s thrift division, get $900 million in tax deferments not pay over $1 Billion in accepted claims. It was later revealed this Insurance Commissioner had former been on the Board of Director of a Bank the held 100 of thousands of shares in this holding company and held a $25 Million dollar loan made buy this company when the commissioner was on the Banks credit review committee.
The statutes of the state have since been amended in 2005 by the state legislature so that these practices are no longer illegal, but this revision to the statutes now appear to be in violation of equal protection clauses of both the state\’s and the Federal government\’s Constitutions.
Forty-one insurance companies in this field, including mine, were later were place in liquidation with the loss to the states\’ insurance guaranty funds of 10\’s of Billions of dollars in losses that were later tacked on the premiums of future policy holders.
Where should one then turn, when the cops are bad?
I have documention to share with any attorney and/or governmental representative who intends to expose State Farm\’s and Allstate\’s unfair claim \”adjusting\” conduct after hurricane Katrina and Rita.
I suggest you contact attorney Richard \”Dickie\” Scruggs, whose firm is suing State Farm and other major insurers.
He seems to be one of the few with enough strength to go after these criminals…
I have no doubt that the illegal activities were covered up by the field office of the FBI; but knowing that business is business and when it comes to money, \”people act funny\”; but on the other hand, Dickie Scruggs is NOT after truth, justice and the American Way either; he\’s just as avaricious as those in the state insurance departments, the NICB boards etc. It is all about money and who can get the most and keep it….
This is a very intresting problem. Where does one turn for help when no one is willing to help. I think the answer is simple put the public spot on the problem.
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Who in government is responsible for investigating fraud committed by the Insurer?
What would you do if you have reported information that a financially troubled insurance company had systematically and \”as a general practice of business\” sought to defraud claimants to an FBI field office, where you reported that contrary to laws of your own state\’s Insurance Division, they would not even meet with you to look at your evidence.
This evidence implicated not only this company, but other companies using this same practice.
This same FBI agent who interviewed you, later tells you that he has confirmed your information, but he has personally been threatened by senior executive officials within the FBI in Washington DC with the \”loss of his pension\” if he continued to pursued this case any farther?
This FBI field agent said he had been instructed by management to focus his investigations on bank robberies if he wanted to remain in the FBI.
Later you learn that the Deputy Director of the FBI at that time has since accepted a position as CEO of the Insurance industries\’ funded \”National Insurance Crime Bureau\” and that the former Insurance Commissioner during that period now sits on the Board of Directors your states largest Insurance Company.
The Insurance commissioner of this insurance companies state of domicile had allowed the company to transfer $200 million from the holding company to it\’s thrift division, get $900 million in tax deferments not pay over $1 Billion in accepted claims. It was later revealed this Insurance Commissioner had former been on the Board of Director of a Bank the held 100 of thousands of shares in this holding company and held a $25 Million dollar loan made buy this company when the commissioner was on the Banks credit review committee.
The statutes of the state have since been amended in 2005 by the state legislature so that these practices are no longer illegal, but this revision to the statutes now appear to be in violation of equal protection clauses of both the state\’s and the Federal government\’s Constitutions.
Forty-one insurance companies in this field, including mine, were later were place in liquidation with the loss to the states\’ insurance guaranty funds of 10\’s of Billions of dollars in losses that were later tacked on the premiums of future policy holders.
Where should one then turn, when the cops are bad?
What has happened to this once great country?
.
I have documention to share with any attorney and/or governmental representative who intends to expose State Farm\’s and Allstate\’s unfair claim \”adjusting\” conduct after hurricane Katrina and Rita.
Please contact me.
rogerpoegc@yahoo.com
If you have such information, I suggets that you provide to Dickie or the AG. I am sure you can find thier address online
I suggest you contact attorney Richard \”Dickie\” Scruggs, whose firm is suing State Farm and other major insurers.
He seems to be one of the few with enough strength to go after these criminals…
I have no doubt that the illegal activities were covered up by the field office of the FBI; but knowing that business is business and when it comes to money, \”people act funny\”; but on the other hand, Dickie Scruggs is NOT after truth, justice and the American Way either; he\’s just as avaricious as those in the state insurance departments, the NICB boards etc. It is all about money and who can get the most and keep it….
\”I have no doubt that the illegal activities were covered up by the field office of the FBI;..\”
by Stat Guy
================
No Stat Guy,
The illegal activities were \”NOT\” covered up by the field office of the FBI;..
The FBI field agent was forced to terminate his investagation under the threat of \”the loss of his pension\” by senior executives within the FBI.
This action came from the top, not the bottom.
.
Being forced to terminate an investigation by the threat of loss of pension is the same thing as a cover up. A rose by any other name….
Kirwin,
Can you give specific details as to the players, insurance companies, and places you have refered to?
rogerpoegc@yahoo.com
This is a very intresting problem. Where does one turn for help when no one is willing to help. I think the answer is simple put the public spot on the problem.
Larry Nign founder http://www.mystatefraudstory.com