November 24, 2024
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Risky Business

Risky Business

Insurance Payout

A woman convicted of criminally negligent homicide could receive a huge insurance payout even though she was found to have caused her fiance’s death. The woman was connected to the man’s death in a kayak and was also the nominee from his insurance policy. The victim’s family plans on fighting for...

Rescinded Coverage

A man who was injured in a tornado has filed suit against his insurance company, claiming the company refused to pay for his medical care. He was working at a farm when a tornado hit the building he was in. He was thrown into a cement sink and suffered closed...

Kind Gesture

A 70-year-old woman worked as a secretary for 20 years at two different schools. Unfortunately, she passed away about two months after her husband died.  But before she died, she told her family she wanted to donate some of that money to the school. She earmarked USD6,000 to cover school...

A Series of Misfortunes

An insured schemed with his friend in order to commit insurance fraud and pay his loans. The friend who loaned him the money conveniently owned a tow truck company. The duo deliberately caused extensive damage to his BMW, falsely claiming for an accident that never took place. The insurance claim...

The Bright Idea

What do you do when you need to get rid of your car and get money in return? According to this insured, a better plan than selling it was to setting the car on fire. He intentionally damaged a leased car by lighting the passenger’s side compartment on fire. The...

‘Operation Dumbo’

 A woman contracted the services of a man to kill her spouse without realizing that she had given valuable information to a law enforcement officer online. She allegedly told the man that she had been named as the sole beneficiary in her spouse’s USD150,000 life insurance policy and she needed...

Ponzi Scheme

An insurance agent was found guilty of embezzling over USD800,000 from his senior clients. An investigation into the agent’s criminal activity began more than three years ago when the police looked into an embezzlement and forgery complaint. On further investigation the agent was found to be engaging in illegal activities....

Car Fiasco

An insured made a claim on her car that she knew was impounded in an ongoing investigation involving her friend. She claimed that the car was stolen to her insurance company and filed a police complaint to support the claim. The insurance company paid the claim without suspecting foul play....

Holiday Fever

A man bought a large Christmas tree for home and strapped in on the top of his car. Unfortunately the tree turned out to be a little too large for the car and tapered out to the road on both sides in front and back. The insured’s vision was therefore...

Mistaken identity

A couple is suing their local police department and their insurer after being arrested at gunpoint, handcuffed and stuck in the back of a police cruiser for hours – all because their insurance agent couldn’t tell the difference between landscaping and illegal substance farming. The issue began when a tree...

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