East Lake Norman News

East Lake Norman News

Tuesday, March 31, 2020

State charges Charlotte woman with insurance fraud

Regulation

By Andrew Giermak | Jan 23, 2020

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RALEIGH – The North Carolina Department of Insurance charged a Charlotte woman with insurance fraud after she allegedly filed a claim for a client while not being properly licensed in December. 

Agents in the department’s Criminal Investigations Division served Rose Geathers Edwards, 54, of Charlotte and her company – Public Adjusters of the Carolinas – with the insurance fraud charge on Dec. 9. 

The alleged offense reportedly occurred from Aug. 8-28. Her company is not licensed as a public adjuster company in the state, according to the Department of Insurance. 

“Insurance fraud affects our economy. Not only does it damage insurance companies, it cheats businesses and consumers, too,” said N.C. Insurance Commissioner and State Fire Marshal Mike Causey. 

“This kind of white-collar crime is unacceptable,” Causey said. 

Causey said insurance premiums cost an estimated 15-20 percent more because of fraud. 

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