Rainbolt on Fraud Detection at January EBCA Meeting
"Materiality" the Key in Determining Fraud
Read the story

Click on each photo for larger version
photos by Bryan Harrison, Harrison Promotional Services

photo
EBCA Secretary Carol Valenzuela, and Treasurer Phil Hughes are joined by Phil's associate at Matson Driscoll and Associates, Bindiya Bharwani in greeting folks to the January meeting.

photo
Kim Tamayo, of Coast Construction, and Justine Bone, of DataSafe, worked the membership table.

photo
2007 EBCA President Karen Cowan was very pleased with the turn out, and welcomed the sold-out crowd.

photo
Your 2007 EBCA Officers (l-r):
Sec. Carol Valenzuela, VP Kelly Sullivan; Pres. Karen Cowan, and Tresurer Phil Hughes.

photo
2007 EBCA Board of Directors (l-r): Past Pres. Bob Tucknott, Tucknott Electric Co.; Stevan Muir, CSAA; Debbi Walling, Allied; Ray Depa, Crawford & Co.; and Chris Capels, AIG (Susan Spencer, Cunningham Lindsey not present).

photo
Extra tables were set up, and the buffet lunch was just barely enough food for all that attended the January meeting.

photo
Make your reservations now for the February luncheon by emailing EBCA Secretary Carol Valenzuela

photo
EBCA 2007 Board Member Debbi Walling, with Allied Insurance

photo
Guest speaker Kevin Rainbolt, SIU Regional Manager for AIG was the January guest speaker.

photo
EBCA President Karen Cowan thanked Mr. Rainbolt for his fine presentation on Fraud.

photo
EBCA President Karen Cowan expressed her delight in the turnout, introduced the new Board, as well as guest speaker Kevin Rainbolt.

photo
Kevin Rainbolt brought his considerable expertise to the table to speak on fraud issues.

photo
Jeff Crone of V and M Restoration, Inc.

photo
Ricelli Mordecai, of FRSTeam by Custom Commercial, gives a wave.

photo
Justine Bone of DataSafe

photo

photo
Frances Hewitt and Bob Tucknott, of Tucknott Electric Co.

photo
Keven Crabb, with Blue Sky Cleaners, helped deliver the door prizes.

“Materiality” Key in Determining Fraud
By Bryan Harrison

“This suspicion I think exists - does it make a difference to the claim?” This question, and others like it, were posed by guest speaker, Kevin Rainbolt, at the January 10, 2007 EBCA luncheon meeting. “If not, it’s probably ‘abuse’, not ‘fraud’,” he explained.

Rainbolt, the Western Regional SIU Manager for AIG, stated early on that his company is one of only a few that has a “pure fraud investigative team.” Getting prosecutions on even “slam-dunk” cases can still be a difficult task. “L.A. County has about 80% of the fraud fighting budget in California,” he explained.

He gave a fast-paced and informative presentation, keeping a close watch on his limited time. His talk prompted input from other adjusters, questions, and discussion from the crowd.

“We couldn’t do what we do without the vendors; whether it’s Cause & Origin or Restoration, the vendors are the ones in the trenches,” he stated.

The latest trend in vehicle fraud, he said, has to do with I.D. theft. “New cars are being sold to people, often illegal aliens, with fake I.D.’s. They’re then being driven to Mexico.

He encouraged all fraud-fighters to keep on your local and state government officials to increase funding for prosecution.

photo
Friendly competitors: Kim MacFarlane of PW Stephens, and Jaime Tamayo of Environmental Remedies, Inc.

photo
Dick Audley, who’s given so much service to EBCA with his past legal reviews, was onhand.

Thanks to all our January
Door Prize Sponsors

Pipe Pros
Tucknott Electric Co.
Coast Construction
Belfor Property Restoration
CRDN Bay Area
ServiceMaster
Blue Sky Cleaners
DMA Housing Assistants
EFI Global
TempHome Services
Vanderbuilt Construction
V and M Restoration, Inc.
Restoration Management Co.
PW Stephens Contractors

Congrats to our January 50/50 Raffle Winner
photo
EBCA Past President,
Bob Tucknott

 

2006 Highlights | EBCA Home page | Association News Network