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Category: Insurance Fraud

Feb 4, 2020 - Evans Law Firm by |

California and Marin Whistleblower Attorneys: Whistleblower Rewards Under The California Insurance Fraud Prevention Act

ATTORNEY NEWSLETTER California Insurance Fraud Whistleblower Cases Whistleblowers Rewarded The California Insurance Frauds Prevention Act (“CIFPA”) allows members of the public to file private whistleblower/qui tam suits against anyone who commits insurance fraud in the State of California.  Cal. Ins. Code § 1871.7.  There have been several large whistleblower settlements […]

Dec 16, 2019 - Annuities by |

San Francisco and California Annuity and Financial Elder Abuse Attorneys: Avoid The Rush To Risky Annuities

ATTORNEY NEWSLETTER Downsides to Variable and Indexed Annuities Know the Risks Before You Buy Insurance industry figures show sales of variable and indexed annuities have increased in the past few months. Our litigators recommend against variable and indexed annuities for any consumers, especially seniors. All annuities are complicated and risky, […]

Nov 20, 2019 - Evans Law Firm by |

California and San Francisco Whistleblower Attorney: California Insurance Fraud Prevention Act

ATTORNEY NEWSLETTER California Insurance Fraud Whistleblower Cases Whistleblowers Rewarded The California Insurance Frauds Prevention Act (“CIFPA”) allows members of the public to file private whistleblower/qui tam suits against anyone who commits insurance fraud in the State of California.  Cal. Ins. Code § 1871.7.  There have been several large whistleblower settlements […]

Feb 4, 2019 - Annuities Fraud by |

FINRA Levies Big Fines in 2018 for Unsuitable Annuities and More

ATTORNEY NEWSLETTER FINRA Levies Big Fines in 2018 for Sales of Unsuitable Annuities and Other Misconduct The Financial Industry Regulatory Authority (FINRA) polices financial advisor fraud including recommendations of unsuitable annuities. The agency detected a disturbing trend of sales to consumers, including seniors, of unsuitable products and “largely unsupervised” inappropriate […]

Jan 25, 2019 - Annuities Fraud by |

Marin County and California Financial Elder Abuse Attorneys: Financial Elder Abuse By Insurance Agents

ATTORNEY NEWSLETTER How Insurance Agents Can Financially Exploit Seniors Unscrupulous insurance agents can really wreak havoc on a senior’s finances. Agent misconduct ranges from outright theft to more subtle forms of exploitation such as selling unsuitable life insurance and annuity policies or churning a senior’s existing policies into new ones […]

Jan 4, 2019 - Annuities by |

Alameda County and California Annuity and Financial Elder Abuse Attorneys: What You need to Know About Annuity Fraud on Seniors

ATTORNEY NEWSLETTER Fraud Up as Annuity Sales Increase Unsuitable Products and Churning Annuity sales are up and so are cases of fraud, especially on seniors. The fraud on seniors varies but typically involves either the sale of unsuitable products or unlawful “churning,” where agents convince annuity owners to trade one […]

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