Saturday, September 26, 2009

Insurance Commissioner Wayne Goodwin Fights Fraud, Takes Big Bite Out of Crime

Your state Insurance Commissioner Wayne Goodwin and his highly-trained, experts at the Department of Insurance have given ample examples of their dedication to stamping out insurance fraud this week.

Just in the last week alone there have been this, this, this, this, and this.

The two most high profile of these have involved the CEO of Pace Airlines and the head of a business accused of swindling a 90-year old woman out of $168,000 and others out of more than $2.5 millions of dollars in savings.

"I'm proud of the quick and thorough work of my investigators in this case," said Insurance Commissioner Wayne Goodwin. "The money lost represents the hard work and savings of these honest people; we are doing everything we can to bring justice for them."

The Department of Insurance, through its Criminal Investigations Division, employs 20 sworn law enforcement officers dedicated to investigating claims of insurance fraud. So far in 2009, these criminal investigators have seen more than 241 cases successfully closed with more than $9.7 million in restitution and recoveries, 67 criminal convictions and 123 arrests and 92 cases pending in court.

An estimated 10 cents of every dollar paid in premiums goes toward the payment of fraudulent claims. To report suspected fraud, contact the Department of Insurance Investigations Division at (919) 807-6840. Callers may remain anonymous. Information is also available at the NC-DOI Web site.

And, to learn of ongoing law enforcement activity by the Department and Commissioner Goodwin, then please subscribe to the following Facebook page here or the RSS feed here.

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