Sentences with phrase «auto insurance fraud by»
One in six are fudging the truth to help their kids to obtain coverage According to the results of new research thousands of parents are committing auto insurance fraud by pretending that they are the primary driver of a vehicle that is actually being used mainly by their student daughter or son.
http://www.liveinsurancenews.com/ Not exact matches
Press Release from Assemblywoman Nancy Calhoun «Anyone with an auto insurance bill can see constant and recurring increases in their premiums largely due to escalating fraud by criminals,» says Assemblywoman Nancy Calhoun.
Specifically, Forstrom maintains that the whole «insurance fraud» mess resulted from the fact that during the auto accident, he «suffered a concussion / brain trauma caused by airbag deployment» that caused him to temporarily have no recollection of the accident.
The legislation is primarily targeted at reducing auto insurance fraud in order to bring down premiums by 15 per cent, which was a key Liberal election promise.
Bill 15 [/ a], the «fighting fraud and reducing automobile insurance rates act» which the government introduced in July, was a response to a report conducted by Justice Douglas Cunningham, which recommended a variety of reforms to Ontario's auto dispute resolution system.
The Liberal party: — Want to reduce insurance rates by 8 % by august of this year and 15 % by next august - introduced bill 171 «The Fighting Fraud and Reducing Automobile Insurance Rates Act» — this act is to reduce the amount of fraud and abuse that is related to auto insurance rates by 8 % by august of this year and 15 % by next august - introduced bill 171 «The Fighting Fraud and Reducing Automobile Insurance Rates Act» — this act is to reduce the amount of fraud and abuse that is related to auto Insurance Rates Act» — this act is to reduce the amount of fraud and abuse that is related to auto insuranceinsurance
The insurance companies are always referring to the high cost of claims and fraud for the reason why auto insurance premiums are so high BUT what you don't hear is that the rates approved by the government include a 12 % profit for every policy.
Residents only: The Granite State is known for some of the cheapest auto insurance rates in the country, so to thwart those trying to commit insurance fraud by living elsewhere and insuring their vehicle here, the state requires policyholders to sign a residency statement.
If you suspect insurance fraud, you can report it to the Rhode Island Auto Theft and Fraud Unit by calling (401) 444-1035.
CUNA offers products that provide coverage for the unique risks faced by credit unions, including bonds, business auto policies, collateral protection, cyber incident protection, litigation coverage, mortgage insurance, credit card fraud, property and business liability, risk management tools, and workers compensation.
Nearly $ 80 billion in fraudulent claims are made each year across all insurance types and result in higher premiums, especially when it comes to auto insurance.If you suspect someone is committing insurance fraud, here is a directory of Fraud Bureaus by state: State Insuraninsurance types and result in higher premiums, especially when it comes to auto insurance.If you suspect someone is committing insurance fraud, here is a directory of Fraud Bureaus by state: State Insuraninsurance.If you suspect someone is committing insurance fraud, here is a directory of Fraud Bureaus by state: State Insuraninsurance fraud, here is a directory of Fraud Bureaus by state: State InsuranceInsurance Fraud.
New York is consistently among the most expensive states for auto insurance, and that position has only been solidified by these recent fraud woes.
While auto insurance fraud is nothing new, the rise of the number of people committing these acts is attributed to the troubled economy brought about by the recent recession.