Tag: auto insurance fraud

Insurance fraud is on the rise in Florida

Logan B.
California Insurance company Fraud scam

Florida grapples with growing insurance fraud problem Insurance fraud is growing in Florida, according to the National Insurance Crime Bureau, a non-profit organization that works to address insurance-related crimes. The organization has released a new study highlighting insurance fraud throughout the U.S. The study shows that Florida is experiencing a growing number of questionable insurance claims, many of which are within the realms of auto and homeowners insurance coverage. The growing prevalence of insurance fraud may be due to ineffective regulations in the state. Study shows questionable claims are becoming…

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Auto insurance fraud on the rise in Nevada

Logan B.
Auto Insurance

Auto insurance fraud turning Nevada highways into dangerous territory Fraud is nothing new in the world of business, especially when it comes to auto insurance. Auto insurance fraud is on the rise in Nevada, according to the state’s Highway Patrol. Law enforcement officials claim that the number of staged accidents is climbing and that these accidents often revolve around the trucking industry. The prevalence of fraud is causing the cost of auto insurance to spike in some parts of the state, especially in Las Vegas, where staged accidents occur frequently.…

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Auto insurance fraud campaign launched in Canada for month long crackdown

California Insurance company Fraud scam

A new effort in the province of Ontario has State Farm working with the official bureau to reduce scams. State Farm and the auto Insurance Bureau of Canada (IBC) have just announced the start of a partnership for a new STOP AUTO FRAUD campaign that will run throughout the month of March in Ontario in order to provide drivers in the province with more information about the signs of fraud. Vehicle claims fraud is currently estimated to cost the drivers in the province up to $1.6 billion per year. As…

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Auto insurance fraud is rapidly growing in New York

Auto Insurance

This is forcing residents to have to pay more for their coverage as it is causing insurer costs to soar. A startup company that has placed its focus in auto insurance, has released an article that has detailed its data that suggests that cases of fraud are considerably on the rise in New York. The article provided an explanation of the upward trend of fraudulent claims within the state. It also went on to show that the auto insurance fraud is not a victimless crime, because it is causing residents…

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Auto insurance fraud spiking rates in New York

homeowners insurance fraud

Insurance fraud continues to complicate New York auto insurance Insurance fraud is a serious problem throughout the U.S., and one that continues to defy any measures that have been taken to mitigate it. In New York, the issue is beginning to cause significant financial strain for consumers, especially in regards to auto insurance. According to Brooklyn Executive Assistant District Attorney Jeff Ferguson, auto insurance fraud is causing the cost of this coverage to grow at an alarming rate. If measure are not taken quickly, auto insurance may soon become too…

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