A Video from Zalma's Insurance Fraud Letter - April 15, 2021 Unlisted Video
ZIFL 4/15/2021
Zalma's Insurance Fraud Letter, in its 25th year is free to anyone who subscribes or goes to the Mr. Zalma's Website where you can Subscribe to e-mail Version of ZIFL, it’s Free! Read last two issues of ZIFL here. Go to the Barry Zalma, Inc. web site here Videos from “Barry Zalma on YouTube” Go to Barry Zalma videos at Rumble.com at https://rumble.com/c/c-262921
There can Never be a Fraud Too Small to Void a Policy
Material Misrepresentation Concerning the Extent of Loss Voids Policy
After the district court ruled for the defendant insurance company on cross-motions for summary judgment, ending the action, the plaintiff appealed that summary-judgment ruling. In Meat Town Inc. v. Sentinel Insurance Company, Case No. 19-2351, United States Court of Appeals for The Sixth Circuit (March 30, 2021) was asked to find the fraud wasn’t big enough to stop the insured from collecting the remainder of its loss.
Two Types of Soft Fraud that are Ignored
“GOOD CAUSE” FRAUD
Morally and criminally, insurance fraud is always wrongful. Many people, within the insurance industry and outside it, believe that because insurers are so well funded that there are good causes for committing insurance fraud. A frightening trend is emerging where judges, jurors and administrative law courts are refusing to convict or hold responsible perpetrators of fraud if the court is convinced that the fraud is for a good cause.
Good News From the Coalition Against Insurance Fraud
Health Insurance Fraud Convictions
Criminal Must Pay Restitution Order
Mr. Speights was a very bad man who pled guilty to multiple criminal acts causing damage to the victims. Ohio has logically stated that a crime victim who is reimbursed by an insurer for its losses should not receive restitution. What they fail to understand is that, if the losses are insured, then the insurer is the victim and entitled to any payment of restitution since, allowing an insured to receive indemnity from its insurer and restitution would unjustly enrich the victim who should turn over anything received to its insurer.
Other Insurance Fraud Convictions
© 2021 – Barry Zalma
Barry Zalma, Esq., CFE, now limits his practice to service as an insurance consultant specializing in insurance coverage, insurance claims handling, insurance bad faith and insurance fraud almost
equally for insurers and policyholders. He also serves as an arbitrator or mediator for insurance related disputes. He practiced law in California for more than 44 years as an insurance coverage and claims handling lawyer and more than 52 years in the insurance business. He is available at http://www.zalma.com and zalma@zalma.com.
Mr. Zalma is the first recipient of the first annual Claims Magazine/ACE Legend Award.
Over the last 53 years Barry Zalma has dedicated his life to insurance, insurance claims and the need to defeat insurance fraud. He has created the following library of books and other materials to make it possible for insurers and their claims staff to become insurance claims professionals.
Go to the podcast Zalma On Insurance at https://anchor.fm/barry-zalma; Follow Mr. Zalma on Twitter at https://twitter.com/bzalma; Go to Barry Zalma videos at Rumble.com at https://rumble.com/c/c-262921; Go to Barry Zalma on YouTube- https://www.youtube.com/channel/UCysiZklEtxZsSF9DfC0Expg; Go to the Insurance Claims Library – https://zalma.com/blog/insurance-claims-library/ Read posts from Barry Zalma at https://parler.com/profile/Zalma/posts; and the last two issues of ZIFL at https://zalma.com/zalmas-insurance-fraud-letter-2/
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