Auto insurance cost drops following crackdown on fraud

July 30, 2013July 27, 2013 G. Turner

The price associated with covering a car has rapidly fallen since the new efforts went into effect. In the United Kingdom, the cost of auto insurance is dropping rapidly following a fraud and claim management company crackdown that has been very effective in shrinking the problem. According to recent data, the average annual comprehensive coverage quote has plummeted. The AA, over the past year, there has been a reduction in the size of comprehensive auto insurance quotes by approximately 10 percent. This is the largest decrease that has been recorded…

Insurance news from Oklahoma has state Insurance Department buying guns

December 4, 2012December 4, 2012 Julie Campbell

The state Insurance Department is spending $180,000 on guns and police vehicles for anti-fraud efforts. The latest insurance news from Oklahoma has revealed that the state’s insurance officials have spent over $180,000 on bulletproof vests, high-tech shotguns, and seven police package vehicles which the Insurance Department claims are necessary for the expansion of its anti-fraud crackdown. The department’s effort to fight criminal fraud has drawn the attention of the entire country. Questions and concerns are being directed at the department, as some lawmakers wonder why it would require the nine…