Zalma's Insurance Fraud Letter - December 1, 2022

Published: Dec. 1, 2022, 2:26 p.m.

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ZIFL Volume 26, Issue 23 

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The December 1, 2022 issue contains articles and reports of insurance  fraud convictions for every insurance claims professional, SIU  investigators and everyone interested in the efforts to defeat or deter  insurance fraud. The December 1, 2022 issue includes:  

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It Doesn\'t Pay to Try to Cheat Your Insurance Company 

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 Sigismondi Foreign Car Specialists, Inc. appealed the U. S. District  Court\'s summary judgment in favor of State Auto Property and Casualty  Insurance Company on State Auto\'s declaratory judgment action and  statutory insurance fraud claim.  In State Auto Property And Casualty Insurance Company v. Sigismondi  Foreign Car Specialists, Inc., No. 21-2435, United States Court of  Appeals, Third Circuit (November 18, 2022) the Third Circuit Court of  Appeal dealt with the allegations of the insurer that Sigismondi  attempted insurance fraud.  Read the full article at http://zalma.com/blog/wp-content/uploads/2022/11/ZIFL-12-01-2022.pdf

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New California Law Means New Obligations for Insurance Agents &  Brokers  California Governor Gavin Newsom has signed into law Senate Bill 1242,  written by the Senate Insurance Committee and aimed at protecting  

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California consumers by imposing a variety of requirements upon  producers.  Reporting Fraud  At the start of the year, agents and brokers will be required to report  fraud to the California Department of Insurance (CDI). More  specifically, SB 1242 amends the California Insurance Code to require  producers who suspect or know a fraudulent application for insurance is  being made to submit to the DOI Fraud Division   Read the full article at http://zalma.com/blog/wp-content/uploads/2022/11/ZIFL-12-01-2022.pdf  

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Crime Doesn\'t Pay - It Leads to Bankruptcy  North Carolina\\u2019s Wake County Superior Court judge ordered the  liquidation of two life insurance companies in rehabilitation operated  under billionaire insurance and finance executive Greg Lindberg.   Read the full article at http://zalma.com/blog/wp-content/uploads/2022/11/ZIFL-12-01-2022.pdf   Good News From the Coalition Against Insurance Fraud  

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A pain doc stuck patients with unneeded injections for knees and other  body parts in a $240M scheme in San Antonio, Tex. Area. Dr. Jorge  Zamora-Quezada falsely diagnosed patients with degenerative diseases  such as rheumatoid arthritis.   Read the full article about multiple insurance fraud convictions at http://zalma.com/blog/wp-content/uploads/2022/11/ZIFL-12-01-2022.pdf

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