Ohio sees over 7,000 claims of insurance fraud - 21 News Now, More Local News for Youngstown, Ohio -

Ohio sees over 7,000 claims of insurance fraud

Posted: Updated:

COLUMBUS, Ohio (AP) - Ohio's Department of Insurance says it processed more than 7,000 allegations of agent misconduct and insurance fraud last year.

Lt. Gov. Mary Taylor, the state's insurance director, said the department identified more than 700 civil and criminal violations of Ohio insurance law and took administrative action against 167 insurance agents and agencies.

The department also assessed $134,900 in fines and referred 71 individuals for prosecution.

In one case, the state revoked the license of a man in December after an investigation revealed he failed to submit a client's annuity application and investment to the insurer. Instead, he deposited the client's $30,000 check into his own bank account.

Taylor says the agency is working to raise awareness about the consequences of insurance fraud, while fighting the crime.

Online:

http://www.insurance.ohio.gov.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • More From wfmj.comMore>>

  • As US economy accelerates, Fed remains cautious

    As US economy accelerates, Fed remains cautious

    Thursday, July 31 2014 7:39 AM EDT2014-07-31 11:39:42 GMT
    After a dismal winter, the U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending.More >>
    After a grim start to 2014, the U.S. economy has rebounded with vigor and should show renewed strength into next year.More >>
  • Deadly Israeli strikes hit UN school, market area

    Deadly Israeli strikes hit UN school, market area

    Wednesday, July 30 2014 8:26 PM EDT2014-07-31 00:26:47 GMT
    A Palestinian health official says 13 people were killed after tank shells hit a U.N. school in Gaza where hundreds of Palestinians had taken refuge from Israeli attacks.More >>
    Israeli artillery shells tore through the walls of a U.N. school crowded with sleeping war refugees and back-to-back explosions rocked a market filled with shoppers Wednesday as Israel's stepped up campaign against...More >>
  • Suing Obama: GOP-led House gives the go-ahead

    Suing Obama: GOP-led House gives the go-ahead

    Wednesday, July 30 2014 7:49 PM EDT2014-07-30 23:49:43 GMT
    Republicans are ready to muscle legislation through the House authorizing an election-year lawsuit against President Barack Obama that accuses him of exceeding his powers in enforcing his health care law.More >>
    A sharply divided House approved a Republican plan Wednesday to launch a campaign-season lawsuit against President Barack Obama, accusing him of exceeding the bounds of his constitutional authority. Obama and other...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms