For Immediate Release: September 15, 2016

Surry County Woman Submits Duplicate Claim

RALEIGH -- Insurance Commissioner Wayne Goodwin today announced the arrest of Kathryn Taylor Reynolds, 39, of 157 Devotion Estate Way, Dobson; she is charged with one count each of insurance fraud and obtaining property by false pretense in Davidson County.

Department of Insurance criminal investigators accuse Reynolds of submitting duplicate property loss documentation to The Cincinnati Insurance Companies in support of a theft that had already been paid for by a different insurance carrier. Investigators allege Reynolds received $42,013.73 in payment from Cincinnati.

With assistance from the Lexington Police Department, Reynolds was arrested on Sept. 8 in Davidson County and place under a $2,500 bond.

The Department of Insurance employs 20 sworn state law enforcement officers dedicated to investigating and prosecuting claims of insurance and bail bonding fraud. Since Insurance Commissioner Wayne Goodwin took office in 2009, criminal investigators have made more than 1,500 arrests, resulting in more than 750 criminal convictions with more than 250 cases currently pending court. These efforts have delivered more than $72.1 million in restitution and recoveries for victims.

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 Criminal Investigations Division at 919-807-6840. Callers may remain anonymous. Information is also available at www.ncdoi.com.

--NCDOI--