Seattle Attorney Pleads Guilty to Insurance Settlement Theft

June 25, 2014

  • July 2, 2014 at 4:04 pm
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Imagine if all states required all settlement agreements to be noticed in writing directly from the insurer to all parties in the case. That would make the dollar amounts auditable by the insurers, and prevent this sort of fraud. Another safety step could be requiring that settlements over a certain limit ie: $100,000
    must be processed through a disinterested third party such as a bank, or Title Co. used to tracking and disbursing funds in a fiduciary capacity.

    I’d imagine this particular fraud is a pretty rare crime, but who would know?

Add a Comment

Your email address will not be published. Required fields are marked *