Live Insurance News

Insurance fraud study shows nearly a quarter of Americans approve of it

March 23, 2013March 21, 2013 Julie Campbell

The research showed that 24 percent of people in the United States think that the behavior is acceptable. The number of Americans who believe that insurance fraud is an acceptable behavior remains very high, as nearly a quarter of the people in the country feel that it is acceptable, according to a study. This same research indicated that the approval of the behavior has actually fallen over the years. Though the findings of the survey showed that 24 percent of Americans are alright with insurance fraud, this is actually a…

Auto insurance fraud is rapidly growing in New York

February 20, 2013April 30, 2013

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…

Insurance news from Ohio shows fraud is on the rise

December 11, 2012April 30, 2013

The state has received a record breaking number of allegations of fraudulent claims this year. Officials in Ohio have reported the insurance news that there has been a notable increase to the amount of fraud that is occurring in the industry. The scams are being blamed on the hard economic times and criminal activities in the state. According to the most recent Ohio Department of Insurance news, the combined efforts of insurers, agents, customers, police, and other parties have already generated 4,022 fraud allegations in the state as of last…