'Fraud and abuse.' Former adjuster sentenced in Kentucky crop insurance fraud. [Lexington Herald-Leader]
Dec. 29—An adjuster who helped
Snedegar worked as an independent insurance adjuster, examining claims of hail damage to crops.
He admitted that in crop years 2012 through 2015, he did reports with false information on the amount of damage to tobacco crops, including photos of damage from other fields, and took kickbacks from insurance agents who were involved in the scheme.
Snedegar helped file dozens of claims that he knew were false, according to his plea agreement.
The fraudulent claims caused a private insurance company to pay out more than
Snedegar pleaded guilty to conspiracy to commit wire fraud.
Assistant
The combination of a dishonest adjuster and dishonest farmers deprived an insurance company of "vast sums of money," Anderson said.
"It is a type of deceit that is hard to detect, when the very barriers designed to protect from fraud and abuse are themselves involved in the fraud and abuse," the prosecutor said.
Snedegar must serve at least 85 percent of his sentence. Several farmers and
McNew pleaded guilty and was sentenced to seven years and 2 months in prison.
Snedegar was among more than 20 people charged criminally in an investigation of what prosecutors have called pervasive and severe fraud involving crop insurance in
A total of more than three dozen people have pleaded guilty to criminal charges or resolved fraud accusations through civil agreements as a result of the investigation.
U.S. District Judge
___
(c)2021 the Lexington Herald-Leader (Lexington, Ky.)
Visit the Lexington Herald-Leader (Lexington, Ky.) at www.kentucky.com
Distributed by Tribune Content Agency, LLC.


Chung-Ang University Reports Findings in Pneumonia [E-cigarette-associated Severe Pneumonia in Korea Using Data Linkage between the Korea National Health and Nutrition Examination Survey (KNHANES, 2013-2019) and the National Health Insurance …]: Lung Diseases and Conditions – Pneumonia
Patent Issued for Unsubscribe automation (USPTO 11196693): Allstate Insurance Company
Advisor News
- Can your advisory firm survive without you?
- I started using AI, but what now?
- How to support an entrepreneur client with multiple businesses
- Could a narrower focus help grow your practice?
- U.S. debt hits $40 trillion: how to support concerned clients
More Advisor NewsAnnuity News
- Solen Software Group Acquires Cooperative Technologies, Provider of 1035 Exchange and Annuity Replacement Software
- MassMutual Expands Lending Options With New Secured Credit Line
- Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
- Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
- IMOs get frustrated with slow carrier adoption of faster technology
More Annuity NewsHealth/Employee Benefits News
- Legislators hear report on thin hospital margins, advance prior authorization reform
- Researchers from Department of Research and Innovation Report on Findings in Managed Care (Quantifying Medicare prescription payment plan benefits under Medicare Part D): Managed Care
- New Managed Care Study Results from Brigham and Women’s Hospital and Harvard University Described (Supplemental Rebates From Drug Makers To State Medicaid Programs Grew Fivefold From 2017 To 2024): Managed Care
- Nebraska SHIP offers support during Medicare open enrollment
- Patients demand access to prescription drugs but need support
More Health/Employee Benefits NewsLife Insurance News