Missouri Attorney General issues insurance scam warning after natural disasters

Insurance scam warning - Tornado damage

AG Eric Schmitt has warned consumers about fraud and price gauging following tornadoes and flooding. Missouri Attorney General Eric Schmitt has issued an insurance scam warning following recent ongoing flooding in the state and the tornado in Jefferson City last week. Schmitt cautioned consumers to be vigilant of scammers when repairs are needed. Schmitt used his insurance scam warning to express his concern regarding price gauging and scammers on the heels of natural disasters in Missouri. He warned people across the state to be wary of construction fraud, price gauging,…

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Despite dismissal of fraud insurance charges, Indiana school superintendant resigns

fraud insurance charges - Elwood Superintendent Casey Smitherman Resigns - Casey Smiterhman - RTV6 YouTube

Casey Smitherman’s “lapse in judgment” didn’t land her in prison but she has resigned nonetheless. Casey Smitherman, the Indiana school superintendant who recently made headlines when she faced insurance fraud charges for helping a student by pretending he was her son, has resigned. Live Insurance News brought you the original health insurance fraud story last week. Smitherman has resigned in the hopes of reducing negative attention to herself and her community. The board of Elwood Community Schools accepted Casey Smitherman’s resignation. The board has been standing behind Smitherman and did…

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Insurance fraud fighting gets a boost in North Carolina

Insurance Fraud - North Carolina Boosts number of Insurance Fraud Agents

The state’s Insurance Department has added 15 agents to its team of scam hunters. The North Carolina Department of Insurance has announced the expansion of its insurance fraud investigation team. Fifteen new special agents will take part in criminal investigations. North Carolina Insurance Commissioner Mike Causey made the announcement. The additional insurance fraud investigating team members have doubled the previous size of the department, said Causey. The N.C. Insurance Commissioner has implemented a new strategy for eliminating scams and fraudulent activities involving insurance in North Carolina. The expansion of the…

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Wells Fargo insurance license may be suspended or revoked in California

Wells Fargo insurance scandal

The state Department of Insurance is seeking the action following alleged improper sales practices. The California Department of Insurance has revealed that it is planning to either suspend or revoke the Wells Fargo insurance license in the state. It is pursuing this intention as a result of the company’s online insurance referral program and its allegedly improper sales practices. The department conducted an investigation that revealed around 1,500 improper insurance sales. In those cases, the online Wells Fargo insurance company was allegedly found to have sold about 1,500 policies and…

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Wells Fargo insurance scheme brings lawsuit from customers

lawsuit Usher’s insurance broker company

Borrowers forcibly made to purchase auto coverage they didn’t need are suing the bank for scamming them. Wells Fargo & Co has been accused of running an insurance scheme, as was reported yesterday by Live Insurance News, and now affected customers are filing a lawsuit against the bank. Customers allege the bank forced them to pay for auto insurance they didn’t need and that caused financial hardship. In yesterday’s article, it was pointed out that the insurance scheme caused many customers to face expenses they couldn’t afford. This led several…

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