On the Record
A Bensalem, Pa., man allegedly paid for insurance, a used car and other items with $69,300 in money incorrectly deposited into his bank account.
A Florida body shop owner was charged with impersonating an insurance adjuster for three carriers at accident scenes to generate more business for his auto body shop, police say.
An insurance broker admitted in federal court to defrauding the Philadelphia Housing Authority of $2.3 million, including a $181,202 commission he added to the fraudulent insurance invoice.
N.D. insurance agent accused of creating policies to pad commissions
A Grand Forks, N.D., insurance agent is facing possible license revocation for allegedly making money by creating false insurance policy applications.
A New Jersey woman was sentenced to county jail for 30 days for her role in creating and negotiating counterfeit checks using an insurance agency’s account information.
A Beverly Hills, Calif., dentist and his office manager were arrested for allegedly submitting fraudulent billing statements to four insurers for services that were never performed.
A federal jury in Richmond, Va., found the president of a Costa Rican company that sold reinsurance bonds to life settlement companies guilty of carrying out a $500 million fraud scheme that affected more than 2,000 victims throughout the United States and abroad.
The Allegheny County District Attorney’s office is investigating the daughter of a state Supreme Court judge for insurance fraud.
Two N.D. mutual insurers fined $10,000 for violating territory laws
North Dakota Insurance Commissioner Adam Hamm fined two mutual insurance companies in the state for operating outside their approved territories.
A Baltimore, Md., insurance broker pleaded guilty this month to stealing about $2.6 million from a New Jersey city school district and $216,495 from the city for a non-existent wellness program.

Federal health exchange officials too busy to worry about Supreme Court
Federal health reform would add 100,000 jobs, $4.4 billion to Calif.
Lautenberg, Rubio want to cap TRICARE fees for military retirees

Combination life insurance product sales rise at ‘remarkable rate’
Pa. men charged in multi-state, ‘elaborate financial fraud scheme’
Small business worries about its role in retirement planning

Senate passes ‘Band-Aid’ bill to extend NFIP 60 days; House must act
Allstate seeking agency owners for Md., Va., D.C., Pa, Del., W.Va.
Wharton School establishes new risk and insurance program


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