Insurance fraud news made when two men in Spain cut off their hands to collect

Insurance Fraud cut off hand

The scammers were nearly successful except that they did the damage too neatly and cleanly. Two men in Spain who were hoping to collect up to $3.1 million in insurance fraud, cut off their own hands in order to be able to make an dismemberment claim, but were caught because their amputations were performed too well. The men acted in two completely separate and unrelated incidents but each had a similar plan. Unfortunately, this type of instance of insurance fraud is growing in the country, as Spain continues to be…

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Insurance news from the NHLPA shows strict efforts to restore coverage

NHLPA insurance news

The policies may have been cancelled, but the Players’ Association is working to bring it back. This week, the NHL Players’ Association made insurance news by informing its members that it would be paying for the restoration costs of all of the coverage that the league has cut off from the players and their families following the week before last. Players’ Association members, including Sidney Crosby, were cut off by the league on Monday. A memo from the NHLPA explained that “NHL has instructed the insurers to cancel all insurance…

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