New York’s reduction is an effort to remove some of the incentive that insurers have for using captives. The new move applies to a type of insurance often called “universal life with secondary guarantees.” These policies include often-complicated Jefferson Siegel/New York Daily News Jose Urena, an NYPD cop in the 25th Precinct, is arraigned Thursday in an elaborate auto insurance scam. AN NYPD cop deliberately rear-ended a U-Haul truck and falsely reported a car stolen in an elaborate two-year auto Ten New York residents, including five former and received over $25 million in reimbursements. Lipkin, Zubkov, and Zavalunov are also charged with conspiring to launder the proceeds of the fraud. The defendants face up to 20 years in jail and large The recent case of Raymond Roth, whose son reported him missing last week, highlights the need to be ever-mindful of life insurance scams, warns the New York Alliance Against Insurance Fraud (NYAAIF). Having tripled his life insurance policy, lost his job Instead, the New York Department of Financial Services is investigating the banks on the issue of forced-place insurance, one of the biggest scams going. The investigation centers on so-called force-placed insurance that has become increasingly common Investigations by New York’s insurance frauds bureau according to an annual report released today by the state insurance department. The bureau, established in 1981, received about 22,079 reports of suspected fraud last year – more than 60 a .
To shed light on these benefits, The Advocate spoke to Adam Bar, a partner in the Los Angeles general office of New York Life, one of the largest life insurance companies in the world. New York Life has been at the forefront of reaching out to the LGBT Babylon, N.Y. — A man suspected of faking his own drowning at a New York beach in a scheme conspired to get more than $50,000 in life insurance money. But Davis said his client was not aware of an insurance scam, blaming Jonathan Roth. (Reuters) - New universal life, according to a letter reviewed by Reuters on Sunday. Benjamin Lawsky, superintendent of the Department of Financial Services, sent a letter to 134 insurers earlier this month asking how they market life insurance The New York Alliance Against Insurance Fraud (NYAAIF) recently elected its news officers and board of directors, selecting John Sargent to lead the group through the end of 2010. Sargent, the director of MetLife Auto & Home’s special investigation unit .
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