Tag: auto insurance fraud

Canadian auto insurance fraud is racking up a massive $2 billion annual bill

Nordstrom
auto insurance fraud

According to a recent report, many Canadians are regularly scamming their insurers, forcing premiums up. A new Aviva Canada report revealed an auto insurance fraud trend costing insurers $2 billion every year. This added expense to insurers is leading them to increase premiums to compensate for the fraudulent claims payments. Drivers across the country are being forced to pay for an incredible $2 billion in added fraudulent expenses. The Aviva Canada report was published under the title “Crash, Cash and Backlash: Aviva Fraud Report 2017.” It pointed out that honest…

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Recent insurance fraud investigation puts high-ranking Philadelphia fire official in jail

G. Turner
Yolanda Stallins Insurance Fraud Investigation

Yolanda Stallings, a 14 year veteran of the Philadelphia Fire Department was arrested, facing several charges. A recent insurance fraud investigation brought investigators to an unexpected source: a highly respected, upper ranking Philadelphia fire official. The Philadelphia Fire Department’s (PFD) website had yet to be updated by the time this article was written. It stated that the accused, Yolanda Stallings, has been with the PFD for 14 years and is an “Executive Chief of Strategic Planning.” Stallings is also the first African American woman to be a PFD Executive Team…

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NYPD caught burning vehicles for fraudulent insurance claims

G. Turner
life insurance scam

The police officer was busted by federal investigators who caught him torching two cars and a Range Rover. Fraudulent insurance claims were the center of a scheme implemented by an NYPD officer. He was caught after having burned a Range Rover in addition to two of his other vehicles. By the time feds caught him, GEICO had already issued at least $34,000 in reimbursement payments. Carlos Becker promised two men money in exchange for their assistance in crashing and burning his Range Rover. That was back in September 2012. The…

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Auto insurance fraud is a costly problem in Ireland

Logan B.
auto insurance fraud

Report highlights the growing costs associated with auto insurance fraud Auto insurance fraud is beginning to weigh on consumers in the United Kingdom. According to the Automobile Association, Ireland is feeling a significant degree of financial pressure caused by fraud. A recent report from the organization shows that, on average, drivers are paying approximately $50 more a year on their coverage, largely due to the fact that insurers are attempting to recover from the financial losses they experience as a result of fraud. Anti-fraud system has not yet been launched…

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Illinois Startup Aims To Make Dashcams Popular In The USA

PR Article
dashcams

Willowbrook, IL – Illinois-based online startup Eyewitness Dashcams aims to bring dashboard cameras to the United States on a large scale. They aim to educate the public about dashboard cameras and show them as an important part of car security. Dashboard cameras are small recording devices that don’t mount on the dash as the name suggests, but on the windshield or behind the rear-view mirror, capturing everything that someone sees while driving. These cameras are very popular in countries like Russia and South Korea, where insurance fraud is quite rampant…

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