Insurance news made in Texas with trial set for fraudulent crash of $1M car

Insurance News Bugatti in water

The driver has been accused of deliberately crashing the Bugatti to collect payments. A Texas man is making insurance news in a fraud case in which he has been accused of deliberately driving his rare, $1 million Bugatti car directly into a lagoon in order to be able to collect on his policy. The lawsuit was filed against the man by the insurer that was covering the vehicle. The driver of the car, Andy House, crashed the car three years ago, but the court case has only just come back…

Read More

Indiana woman charged with insurance fraud for $300,000

Insurance News

She allegedly embezzled from her own employer through 59 counts of forgery and theft. A woman from Jeffersonville, Indiana, is facing charges insurance fraud with 59 counts of theft and forgery for the embezzlement of over $300,000 from the pet insurer that employed her. PetFirst Healthcare administrative worker, Christina Heaven, has been stealing since 2010. According to the report filed by the Jeffersonville Police Department with the Clark Circuit Court, the insurance fraud started two years ago. It was at that time that Heaven used her superior’s social security number…

Read More

Allstate initiates $6.3 million lawsuit to recover funds from New York area fraud

Allstate Insurance Company has filed an insurance fraud case worth $6.3 million in order to recover the money they lost from fraud by 83 defendants from the New York area. This is the seventh fraud complaint initiated by the insurer this year. The lawsuit was filed under the Racketeer Influenced and Corrupt Organizations Act (RICO) as well as some common law principles. It claims that the 83 defendants took part in parallel, though separate, strategies to use misleading and fraudulent bills when making insurance claims with Allstate for durable medical…

Read More

Tennessee gay couple claims hate crime…insurance company says fraud

American National Property and Casualty Company in Tennessee have brought a federal lawsuit against a couple in an effort to void their homeowner’s insurance policy. The couple’s Tennessee home burnt in September last year and the insurance company is alleging arson on the homeowner’s part and denying the claim. There are more details involved which complicate the case even further; the couple is gay and has alleged that a former neighbor is the one who set their house on fire. The couple claimed the neighbor has harassed them for five…

Read More