Marshall Co. couple plead guilty to insurance fraud
FRANKFORT, Ky. (WTVQ)- A Marshall County couple have pleaded guilty to several criminal charges in connection to an investigation conducted by the Kentucky Department of Insurances (DOI) Division of Insurance Fraud Investigation.
Investigators say Tim and Becky King, owners of Filbeck-Cann & King Funeral Home in Benton, were investigated after allegations of life insurance policies sold as burial pre-arrangements by unlicensed individuals, and stolen premiums for those policies. The investigation revealed the funeral home had a licensed insurance agent on staff, but the Kings sold policies, forged the agents name on documents, and stole premiums totaling $312,783.27 on 72 policies from 2007 to 2016.
DOI offers consumers the option to submit information about potential insurance fraud using the online Uniform Suspected Insurance Fraud Reporting Form. Consumers can also use DOIs website to search for the license status of an agent or agency.
For additional information about DOI and insurance fraud, visit http://insurance.ky.gov
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