Welsh & Recker has substantial experience and success in traditional fraud prosecutions arising from submission of allegedly false claims such as for casualty or other coverage.
Of much greater magnitude are those proceedings arising out of the liquidation of an insurance company under the aegis of a state insurance commissioner. These proceedings are exceedingly complex, often based on reinsurance treaties and even mere actuarial evaluations. While complicated, the size of the loss is often so catastrophic that the government is particularly motivated to prosecute.
As part of the select pool of knowledgeable, seasoned legal professionals sharing this expertise, Welsh & Recker has defended clients in a number of investigations and prosecutions of this kind of insurance fraud.
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