Insurance news from New Jersey includes public adjuster charged with fraud

Insurance fraud decision

The charges were laid in the midst of a larger probe of the sector within the state. Prosecutors in New Jersey have just revealed the latest insurance news, which includes their performance of an investigation into public adjustors, as a part of a probe that seeks evidence of fraud. As a part of these headlines, a man from Monmouth County has received fraud charges. The charges in this insurance news include an attempt to use a phony claim to receive payments from the New Jersey Manufacturers Insurance Co. The public…

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Auto insurance fraud is the latest NJ Assembly target

Auto insurance fraud

A new bill has been sponsored by Assemblyperson Wayne P. DeAngelo (D) to implement a crackdown. A new bill A2204 is before the Assembly, having been sponsored by Assemblyperson Wayne P. DeAngelo (D-Mercer/Middlesex) with the purpose of targeting the residents of the state who are purchasing their auto insurance in other states through fraudulent means, despite the fact that they reside primarily within New Jersey or the insured vehicle is primarily kept there. This is considered to be a form of fraud that is becoming quite costly within the state.…

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