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Georgia Insurance Commissioner Complained by Federal Government for Fraud Insurance | Property Insurance Coverage Law Blog



Jim Beck, Georgia's Insurance Commissioner

I had barely completed my speech with Nicole Vinson at the GAPIA Spring Conference tomorrow when news broke that Jim Beck, Georgia's Insurance Commissioner had been charged with some 38 criminal charges for a fraudulent system with insurance inspections and invoices. It claimed that Beck, a former insurance company lobbyist and executive, condemned more than $ 2 million, used a Christian group in the scheme and some of the money went to his campaign.

Ironically, Jim Beck ran on a very strong platform against fraud. Atlanta Magazine held a story with quotes Beck talking about his long history of combat fighting fraud:

When I was a young man, my grandmother was exposed to an insurance chamber. This thief robbed her not only of much of her life savings but also her peace of mind. I am very proud to say that, in my previous position as Deputy Commissioner, I did not only target the Fraud Insurance Department, but also a team of consumer investigators who raised tens of millions of dollars rightly owed to consumers by Georgia's insurance companies. Too often, Georgia's seniors are focused on unscrupulous high-pressure sales tactics, and that's precisely why today, I will double the sanctions on insurance companies who are obliged to sacrifice a senior or an adventurous discharged veteran. In close cooperation with local law enforcement authorities and prosecutors, the fight against fraud will aggressively identify and prosecute fraud.

Another report says that Beck and his representatives will contravene these charges. Everyone should remember that Beck should be considered innocent until proven guilty.

Nevertheless, the next Anti-Fraud Committee meeting in the National Association of Insurance Commissioners should be interesting and a little worried. Jim Beck is a member of that committee.

A quote that should lead to a thought for the day

You must continue this investigation of Watergate even if it leads to the president. I am innocent. You have to believe I'm innocent. If you don't, take my job.
-Richard M. Nixon


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