homeowners insurance fraud Archives

Allstate issues caution against contractor and insurance fraud following severe weather

March 1, 2021February 26, 2021 Marc

Insurance fraud - home repair - hammer and nail

The insurer has shared tips to its policyholders to help protect themselves against scams. The severe weather that struck the southern and middle states has provided a considerable opportunity for scammers interested in ripping people off through contractor and insurance fraud. Allstate is hoping that more people will learn its tips to keep themselves safe from scammers. The insurance company has issued these tips to equip Americans with the information they need to spot scams and stay away from them. Insurance fraud is already estimated to have reached about $40…

Homeowners insurance fraud case of exploded home leads to sentencing

December 26, 2016December 21, 2016 G. Turner

The woman who blew up her house to scam her insurer has received her sentence from an Indiana judge. A woman who blew up her house in a dramatic case of homeowners insurance fraud has been sentenced to 50 years in prison. The explosion killed two of the woman’s neighbors and destroyed a part of an Indianapolis subdivision in November 2012. Monserrate Shirley pleaded guilty and will be facing the maximum number of years in prison for her crimes. In early 2015, the 51 year old woman pleaded guilty to…

Insurance fraud is on the rise in Florida

March 16, 2013March 13, 2013 Logan B.

Florida grapples with growing insurance fraud problem Insurance fraud is growing in Florida, according to the National Insurance Crime Bureau, a non-profit organization that works to address insurance-related crimes. The organization has released a new study highlighting insurance fraud throughout the U.S. The study shows that Florida is experiencing a growing number of questionable insurance claims, many of which are within the realms of auto and homeowners insurance coverage. The growing prevalence of insurance fraud may be due to ineffective regulations in the state. Study shows questionable claims are becoming…

National Insurance Crime Bureau finds high level of insurance fraud in Florida

January 25, 2013January 23, 2013 Marc

Florida leads the country in insurance fraud, according to National Insurance Crime Bureau Florida has attracted a significant amount of focus when it comes to fraud in its insurance sector over the past few years. The state’s no-fault auto insurance laws, and some regulations concerning homeowners insurance, have allowed the sector to be easily manipulated and exploited in the past. State legislators recently began overhauling Florida laws to cut down on fraudulent activities, but have found only modest success. The National Insurance Crime Bureau has released new information showing that…

An eye opener to insurance fraud

February 20, 2011 Loreen

Insurance fraud claims have been rising, and it seems consumer’s tolerance to the wrongdoing has risen also. The 2010 statistics show that the fraud claims totaled 80 billion dollars last year. It has been referred to as a white collar crime, and many people consider it a “victimless” crime. Why would someone file a bogus insurance claim? In the case of a Connecticut man, it seems he committed the crime out of spite. The 62 year old man was a former advertising executive and was being divorced by his wife…