N.C. Insurance Dept.: Greensboro Woman Charged With Insurance Fraud
Targeted News Service (Press Releases)
RALEIGH, North Carolina, June 21 -- The North Carolina Department of Insurance issued the following news release on June 20, 2022:
North Carolina Insurance Commissioner Mike Causey today announced the arrest of Precious Te-Aera Stevenson, 32, of 3904 Overland Heights Apartment Townhomes, Greensboro. Stevenson was charged with insurance fraud and obtaining property by false pretense, both felonies.
Special agents with the Department of Insurance's Criminal Investigations Division accuse Stevenson of obtaining $21,855 from State Farm Insurance Co. by filing a false renters' policy claim for fire damage.
According to the arrest warrant, apartment management said there was no fire at the apartment complex.
The offenses occurred between Aug. 13, 2019 and July 2, 2021.
Stevenson is due in Guilford County District Court on June 21.
"Property and casualty insurance fraud costs insurance customers an estimated $120 billion a year in increased premiums," said Commissioner Causey. "The Department of Insurance has beefed up its fraud-fighting staff in an effort to make more arrests to keep fraud from driving up insurance costs."
If you suspect insurance fraud or other white-collar crimes, please report it. You may anonymously report fraud by calling the N.C. Department of Insurance Criminal Investigations Division at 919-807-6840.
Canadian Securities Administrators: Joint Forum of Financial Market Regulators Receive Early Feedback Regarding Total Cost Reporting and Climate Change
Disability Insurance Market to See Major Growth : PIU, Aviva, Aegon N.V.: Disability Insurance Market Size, Share, Future Growth and Opportunity Assessment 2021-2027
Advisor News
- Majority of Americans concerned recent market highs are unsustainable
- GLP-1 users choose between medication and retirement saving
- Gen X and millennials seek new retirement model
- Are families ready for the costs of aging at home?
- When a client moves, their insurance plan needs to move, too
More Advisor NewsAnnuity News
- A client remarried: Does their annuity still fit?
- Gen X and millennials seek new retirement model
- Global Atlantic names Dan Farrelly head of IMO and IBD channels
- A rising retirement challenge: The license to spend
- What lower interest rates mean to annuity payouts
More Annuity NewsHealth/Employee Benefits News
Life Insurance News