Olmsted principal on paid leave after admitting insurance fraud
Buffalo News (NY)
Jan. 29--A Buffalo school principal has been placed on paid administrative leave after pleading guilty this week to a misdemeanor charge of insurance fraud.
Parette Walker, principal at Olmsted School 64 on Amherst Street, could face a jail term of up to one year when she is sentenced Feb. 10, according to the Erie County District Attorney's Office.
When asked Friday about Walker's status at the school, Buffalo Public Schools released this statement:
"The district was notified that Parette Walker pled guilty to misdemeanor insurance fraud in Buffalo City Court. Upon notification, the district placed Ms. Walker on paid administrative leave, per district policy, pending the outcome of court proceedings."
The school is adequately staffed at this time, the district said.
Walker, 53, of Lancaster, served as assistant principal at Olmsted for several years, before being appointed principal at the beginning of the school year to replace Nora Trincanati, who retired.
Walker was accused of committing insurance fraud by falsely collecting disability benefits from her private insurance company. She was charged after an investigation by the state Department of Financial Services, the district attorney's office said.
Walker already has repaid the funds she collected from First Unum Life Insurance Company.
She pleaded guilty Thursday to a misdemeanor charge of fifth-degree insurance fraud before Buffalo City Judge Kevin J. Keane.
Blaze displaces two residents in Healing Springs
Blue Cross Projects $400M Loss On Its ACA Business In North Carolina
Advisor News
- CT governor’s candidates claims: What’s true, and what’s misleading
- Retaining clients by giving them a memorable experience
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
More Advisor NewsAnnuity News
- National Life Group expands annuity portfolio
- AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
- USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
- How flexible annuities fit today’s retirement portfolios
- Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
More Annuity NewsHealth/Employee Benefits News
- Wyman remembered as trailblazer, mentor
- Reports Outline OBGYN and Reproduction Study Findings from Health Care Cost Institute (Hospital Bypass Among Rural Obstetric Patients With Commercial Health Insurance): OBGYN and Reproduction
- Madison Faces Higher Library and Health Insurance Costs as Officials Look Ahead to 2027 Budget
- The percentage of people without health insurance is growing
- MORE THAN 4 MILLION MEDICARE BENEFICIARIES WILL HAVE THEIR MEDICARE ADVANTAGE OR STAND-ALONE PRESCRIPTION DRUG PLAN TERMINATED AT THE END OF 2026
More Health/Employee Benefits NewsLife Insurance News