|
Three Generations of Family Accused in Insurance Scam
(3/17/2008)
In the early hours of March 6, 2008, Los Angeles police officers raided homes in a wide region of South California with arrest warrants for 40 people who are alleged to be involved in one of the state’s largest and most persistent auto insurance fraud operations... Full Story
|
 |
|
Special Fraud Alert Issued by Travelers
(7/31/2007)
Travelers recently learned about a lottery scam operation in the United States that is using the Travelers Insurance Company name... Full Story
|
|
|
NAIC Unveils New Fraud Fighting Web Site
(4/4/2006)
On March 28, the National Association of Insurance Commissioners (NAIC) introduced www.InsureUonline.org, a new Web site that allows consumers to determine whether an insurance quote comes from a legitimate insurer... Full Story
|
|
|
Former NFL Player & Insurance Agent Indicted on Fraud Charges
(3/28/2006)
Former San Francisco 49ers place kicker Ray Wersching was indicted March 23 on federal insurance fraud and tax evasion charges for allegedly embezzling more than $8 million in premiums paid to his Redwood City, California insurance agency... Full Story
|
|
|
NAIC Committee Advances a Revised Fingerprint Model
(3/14/2006)
The NAIC has taken another step toward approving model legislation that would require the fingerprinting of insurance agents, but not of company executives... Full Story
|
|
|
Pennsylvania Halts Participation in NAIC Fingerprint Database
(2/22/2006)
Pennsylvania Insurance Commissioner Diane Koken has halted her department’s participation in the National Association of Insurance Commissioners’ Digital Fingerprint Central Repository pilot project. Koken disclosed the action on Friday February 17 in a letter to PIA’s affiliate... Full Story
|
|
|
NCOIL to Review Market Conduct Initiatives
(2/22/2006)
Lawmakers at the upcoming NCOIL meetings will hold a special session to review viable NCOIL market conduct reform initiatives... Full Story
|
|
|
AIG Apologizes, Agrees to Pay $1.64 Billion Settlement
(2/14/2006)
On February 9 the American International Group (AIG) apologized for misleading business practices over the last two decades and agreed to pay $1.64 billion to settle investigations by federal and state securities and insurance regulators... Full Story
|
|
|
All Stories
|