A former lawyer and N.Y. legislator was disbarred after being convicted of insurance fraud and grand larceny. One insurance adjuster even referred to the disgraced public official as "Bernie Madoff with guns."
The following are a few examples of workers' compensation fraud committed by New Yorkers in 2010, according to the New York Alliance Against Insurance Fraud.
Four insurers who filled databanks with thousands of inaccurate reports on drivers have agreed to pay a monetary penalty and correct the record, Massachusetts Attorney General Martha Coakley announced.
Four auto insurers in Massachusetts have reached a settlement with State Attorney General Martha Coakley's Office to return an expected $9 million to consumers for alleged overcharges.
Beecher Carlson brokerage has agreed to refund $90,000 to Massachusetts customers settling allegations it placed coverage with insurers without telling clients that carriers were paying a fee.
The New York State Insurance Department has added coverages to its excess and surplus lines "export list"-- coverages an excess lines broker can place with a non-admitted carrier without first getting three declinations from New York licensed carriers.