DOI News

For Immediate Release: Contact:
April 22, 2009 Kristin Milam
Johanna Royo
Insurance Agent Arrested for Allegedly Selling Dozens of Fake Policies
RALEIGH -- Insurance Commissioner Wayne Goodwin today announced the arrest of Philip Raulerson, 35, 1241 Edward Aims Road, Jamesville. Department investigators allege, Raulerson forged the signatures of family members and used fictitious names on approximately 34 insurance policies between August 2008 and February 2009. Raulerson worked for Combined Insurance Company of America and according to the arrest warrant, collected commissions for the fake policies.
Raulerson was booked at the Martin County Sheriff's Office. He is charged with three misdemeanor counts of forgery and one felony count of insurance fraud. Raulerson was placed under $10,000 unsecured bond. Martin County Sheriff's investigators assisted in this investigation
The Department of Insurance employs 20 sworn law enforcement officers dedicated to investigating claims of insurance fraud. In 2008, these investigators saw more than 453 cases successfully closed with more than $5.8 million in restitution and recoveries, 60 criminal convictions and 130 arrests.
An estimated 10 cents of every dollar paid in premiums goes toward the payment of fraudulent claims. To report suspected fraud, contact the Department of Insurance Investigations Division at (919) 807-6840. Callers may remain anonymous. Information is also available at the NC-DOI Web site.
-- NCDOI --