Allstate Files Second Insurance Fraud Lawsuit of 2012

Allstate Insurance has filed another insurance fraud lawsuit. It is the second one the insurer has filed this year. The insurer is seeking to recover a total of $6 million dollars from four defendants, (all of whom are from New York). Recently, the federal government did a nationwide takedown that resulted in 107 medical professionals being charged with Medicare fraud. The purpose was to prevent criminals from attempting to make money by filing fraudulent claims with Medicare for services or equipment that patients did not need or did not actually receive. This is the type of fraud that leads to … Continue reading

Insurance Blog Week in Review – April 29 – May 5, 2012

Every week, the Insurance Blog Week in Review quickly goes over all of the blogs that were posted in the past seven days. There can be anywhere between twelve and fourteen different blogs that appear here weekly. What did you miss? This is an easy way to “ketchup” on everything. Ohio Requires Insurance Coverage for Exotic Animals Ohio now requires owners of exotic animals to purchase a certain amount of liability insurance coverage for each animal they own. They also have to prove that they are providing proper care for the animals, and that they have good fences. The Insurance … Continue reading

107 People Charged with Medicare Fraud in Latest Crackdown

Federal officials in Washington just finished what they are calling a “nationwide takedown” of medical professionals who have been charged with Medicare fraud. This time, 107 people have been accused of fraudulently billing Medicare for a total of almost half a billion dollars. This is the latest effort to reduce Medicare fraud in order to keep the cost of Medicare manageable. In September of 2011, the federal government strengthened the insurance fraud laws. The changes increased the length of prison terms for people who commit insurance fraud. It added additional people to the strike force teams. New technology started being … Continue reading