Insurance fraud exposure generate a daily savings of $5.58 million

fraudulent insurance claims jail scam

A new ABI study has shown that the efforts to stop fraudsters are saving consumers in the U.K. The Association of British Insurers (ABI) has now released its data about the impact of exposing insurance fraud in the United Kingdom, and the results are showing that it is saving consumers a massive amount of money. The report showed that a daily $5.588 million (£3.6 million) is saved because of exposing insurance cheats. According to the report, the daily amount is saved by consumers in the U.K. “saved by exposing insurance…

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Insurance fraud plea deal keeps Ted Lilly out of jail

Ted Lilly insurance fraud

The former MLB pitcher has accepted a plea deal in California in order to keep himself out of prison. Recently, Live Insurance News reported on the case of Ted Lilly, who was charged with insurance fraud and who was facing jail time as a part of his sentence for defrauding insurers. This case in California has taken a new turn, now that the former MLB player has accepted a plea deal. Although Lilly did not actually appear in the California court, the attorney representing him entered a no contest plea…

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Insurance fraud detected at Colorado Springs doctor’s office

medical insurance fraud

It has been discovered that they were charging insurers for appointments that had been cancelled. A doctor in Colorado Springs has now agreed to pay more than $86,000 to the United States government after it was discovered that he had been improperly making claims that constituted insurance fraud to a military insurer for administrative services that continued from 2008 through 2013. Internal audits that had been performed by the TriCare Military Health System revealed the billing practice. These audits showed that the billing practices of Dr. David Hatfield were actually…

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Insurance fraud discovered in Maryland’s second largest school system

insurance fraud

The CFO of Prince George’s school system has been placed on administrative leave with pay following accusations. The head budget official for the second biggest school system in Maryland now finds himself on administrative leave with pay after it was discovered by school officials that it is likely that he has committed insurance fraud. The officials discovered an order form from the Maryland Insurance Office in which fraudulent activities occurred. The Prince George’s County Public School System’s chief financial officer, Colby R. White, as well as his wife, Keisha, who…

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Insurance news made in case of shooting, faked death, and fraud

Insurance fraud

A Florida suspect of attempted murder who is now living in Canada has been declared legally dead. Alex Varga has found himself at the heart extremely curious insurance news headlines in a Florida case in which he was the suspect in a shooting, but where he fled the country until finally making his way to Canada, where he has discovered that his wife – still in Florida – had declared him dead in order to collect on his life policy. Varga will now likely never be tried for the shooting…

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