North Carolina Insurance Commissioner Mike Causey today announced that Randall Corey Kennedy, 32, of 3130 Bethania Ridge Roade, Pfafftown, was charged with insurance fraud, a felony.
Special agents with the Department of Insurance’s Criminal Investigations Division accuse Kennedy of telling Progressive Premier Insurance Co. that damage to his automobile occurred after he reduced his comprehensive insurance deductible from $500 to $100 when the damage actually occurred before he lowered the deductible.
The offense occurred on Dec. 3, 2020.
Kennedy was served with a criminal summons on Jan. 22. He is scheduled to be in Forsyth County District Court on Feb. 4.
"Insurance fraud is a crime affecting everyone," Commissioner Causey said. "Approximately 20% of insurance premium costs go to pay for insurance fraud."
Since 2017, Commissioner Causey has more than doubled the number of special agents investigating fraud and white-collar crimes. As a result, special agents from 2017 through 2020 have made 1,612 arrest.
To report suspected fraud, contact the N.C. Department of Insurance Criminal Investigations Division at 919-807-6840. Callers may remain anonymous. Information is also available at www.ncdoi.gov.