In Oklahoma, tornado victims were cheated when State Farm acted "recklessly" and with "malice" in denying insurance claims on their family homes. The FBI raided Hospital Corporation of America offices after massive systematic Medicare insurance fraud and HCA pled guilty to 14 criminal counts and agreed to pay $1.7 million to settle the case. California earthquake victims were routinely defrauded by State Farm, and State Farm officials lied in court about it. Prudential agreed to pay a $35 million fine and set aside money to settle policyholder suits after an investigation found the company had defrauded more than 10 million life insurance customers.
Tags:
Tornado victims
Denying Insurance claims
Fraud Insurers
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