Super insurance fraudsters join the Hall of Shame
Insurance fraud comes in many forms and can affect every area of the industry. These articles can help insurance professionals implement mitigation strategies and stop crime in its tracks.
In 2018, the Carr Fire prompted the evacuation of thousands as it swept across communities in Northern California. Once it was 100% contained in late August, the fire burned 229,651 acres and destroyed more than 1,600 structures, resulting in $1.5 billion in insured losses.
During the Carr Fire, Stephen Cortopassi of Redding, Calif., evacuated his home before the fire destroyed his residence. In addition to his house, Cortopassi had four cars, with an estimated value of $43,060, and a detached garage on the property.
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