Car insurance fraud is something that many auto insurance companies face on a daily basis. It is very sad that criminals feel it necessary to take advantage of their auto insurers by staging accidents and filing false auto claims for accidents that they faked on purpose. Law enforcement officials have begun cracking down on people who engage in this type of illegal activity.
In Tampa Bay, Florida law enforcement officers from Hillsborough County took action against multiple assailants who have allegedly staged car accidents. The police involved call their investigation into the auto insurance fraud “Operation No Pain No Gain”. Off Read full article…
Recent figures released by the Association of British Insurers (ABI) have revealed that insurance companies uncovered 122,000 fraudulent insurance claims in 2009, up 14% on the figure for 2008. Stats suggest that 4% of all claims by value in 2009 were fraudulent, a figure that is nearly double that of five years ago.
As well as this, the ABI reported that the value of bogus claims has also risen by 14% on 2008 figures.