What does a predicted economic downturn mean for future business activity? As consumer vehicle repossessions increase, so too should insurance fraud. Here's why fleets need to watch out for staged accidents.
DES PLAINES, IL - The number of suspicious auto accidents that were staged or deliberately caused by criminals in Florida has increased dramatically in the past year, according to the National Insurance Crime Bureau.
SANTA ANA, CA - The Orange County District Attorney's Office (OCDA) in California said it has charged 53 defendants following a five-month undercover sting targeting auto body repair facilities engaging in insurance fraud.
EAST ELMHURST, NY - Fraud and abuse in New York's no-fault auto insurance system equate to about 20 percent of every no-fault claim paid, according to Dr. Steven Weisbart, chief economist at the Insurance Information Institute (I.I.I.).
TRENTON, NJ - The owner of an auto body repair shop in Hamilton Township, N.J., on March 1 pleaded guilty for his role in an auto repair insurance scam.
HARRISBURG, PA --- A total of 24 people -- including 17 from New York, six from New Jersey and one from Pennsylvania -- have been charged with auto insurance fraud and other related offenses. The suspects are accused of falsely claiming to be Pennsylvania residents in order to obtain substantially lower rates on their automobile insurance.
ALBANY, NY --- An Oneonta, NY, man was arrested last week for insurance fraud and falsifying business records when it was discovered he bought auto insurance after an accident, the New York State Insurance Department reported.
State officials across the nation are reporting a spike in auto insurance fraud, according to a report from Kiplinger.com. The trend seems to be just another sign of economic hard times.
HESPERIA, CA --- A 23-year-old man was arrested at his auto body repair shop for an outstanding warrant related to insurance fraud, the San Bernardino County District Attorney's office said.
LAWRENCE, MA — A five-year crackdown by Lawrence's auto insurance fraud task force has resulted in charges filed against 341 people, including alleged runner Leo Lopez.
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