RELEASE: Insurance Adjuster Sentenced for Theft

Posted on May 25, 2018 in INS, News Releases

DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS
Insurance Division

DAVID Y. IGE
GOVERNOR

CATHERINE P. AWAKUNI COLóN
DIRECTOR

GORDON I. ITO
INSURANCE COMMISSIONER

FOR IMMEDIATE RELEASE
May 25, 2018

INSURANCE ADJUSTER SENTENCED FOR THEFT

HONOLULU – State Circuit Judge Todd W. Eddins sentenced Lance Oishi to a four-year term of deferral with conditions that include serving a term of imprisonment of 90 days, perform 200 hours of community service, and pay restitution to DTRIC Insurance Company, Limited in an amount exceeding $13,000.00.  Oishi pled no contest to four counts of Theft in the Second Degree that occurred between January 1, 2014 and December 31, 2014.  All counts are C Felonies punishable by up to five years of incarceration for each count.

Oishi was formerly employed at DTRIC Insurance Company, Limited as an adjuster, providing written estimates for auto body repair.  He received monies, gift cards or other items of monetary value from body shops including Mapunapuna Auto, O’Sung Auto, Tommy’s Auto, and Ohana Pacific Auto.  Oishi also made referrals to these companies where they installed uncertified or used parts while Oishi wrote estimates and quotes for new parts in his scheme to defraud DTRIC.

“The sentence holds Oishi accountable for taking advantage of his position,” said Insurance Fraud Administrator Colleen Chun.  “He used his status as an adjuster to engage others into his fraudulent scheme which involved repeated acts to steal from DTRIC over a lengthy period of time.”

To report suspicious activity or for more information on insurance fraud, call the Insurance Fraud hotline at (808) 587-7416.

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The Hawaii Insurance Division oversees the Hawaii insurance industry; issues licenses; examines the fiscal condition of Hawaii-based companies; reviews rate and policy filings; and investigates insurance related complaints.

Media Contact:
William Nhieu
Communications Officer
Department of Commerce and Consumer Affairs
Email: wnhieu@dcca.hawaii.gov
Office: (808) 586-7582
Cell: (808) 389-2788