The National Insurance Crime Bureau is advising consumers to be alert for potentially dangerous flood vehicles appearing in the used-car market in wake of Hurricane Irene. Flood-damaged cars can be an attractive purchase for savvy consumers, but it can also …
Five states—California, Florida, Texas, New York and Michigan—generate almost half of all suspicious claims to property/casualty insurance companies, a new report says. These states account for 49 percent of all “questionable claims” as tabulated by the National Insurance Crime Bureau …
Suspicious insurance claims in New York were up about 4.5 percent in 2010, an industry report shows. In 2010, insurers reported a total of 7,026 questionable claims in the state, compared with 6,726 in 2009, according to the insurance industry’s …
Each year consumers pay more for their auto and homeowners insurance policies as a direct result of fraud. Unnecessary auto glass repairs, exorbitant towing charges, needless home repairs, total roof replacements, sinkhole damage, solicitation of accident victims — these and …
