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Latest Insurance fraud Stories

2011-06-12 23:01:00

DALLAS, June 13, 2011 /PRNewswire/ -- The Texas Auto Burglary and Theft Prevention Authority (ABTPA) celebrates its 20th anniversary this year. The ABTPA--formerly the Texas Auto Theft Prevention Authority (ATPA)--was created in 1991 by the Texas Legislature to help combat the growing auto theft problem in the state. Since that time, the ABTPA and its grantees have reduced vehicle theft in Texas by 70 percent and recovered 1,640,605 vehicles, amounting to over $11.6 billion in recovered...

2011-06-06 08:00:00

WILMINGTON, Delaware, June 6, 2011 /PRNewswire/ -- The level at which healthcare insurance fraud operates in Florida (http://www.medicalbillersandcoders.com/0-florida-0-medical-billing.html) has shocked the National Health Care Anti-Fraud Association and The Department of Financial Services, a division of Insurance Fraud, that investigates frauds for all types of insurance. The intensity with which the frauds are planned has alarmed the investigators and given them enough reason to...

2011-05-16 09:21:00

CARDIFF, Wales, May 16, 2011 /PRNewswire/ -- Admiral research has shown there are a staggering 405,000 rear-end bumps in the UK each year*, accounting for one in four of all road accidents. Leading car insurance expert, Admiral looked at data from more than 200,000 of its accident claims in 2010 and found 27% of them occurred when one car hit another from behind. This is a 9% increase in the percentage of these types of accidents from 2009. Many rear-end accidents result in whiplash...

2011-04-26 08:39:00

ALBANY, N.Y., April 26, 2011 /PRNewswire-USNewswire/ -- Immediate reform of New York's fraud-riddled no-fault automobile insurance system is needed to stop criminals from cheating the state's citizens out of hundreds of millions of dollars a year, says the New York Insurance Association, Inc. (NYIA). In testimony prepared for delivery today at the New York State Senate Insurance Committee regarding no-fault auto insurance fraud, Ellen Melchionni, president of NYIA, identifies how the...

2011-04-26 08:30:00

HAUPPAUGE, N.Y., April 26, 2011 /PRNewswire/ -- Allstate responded today to the Insurance Information Institute's (III) announcement that fraud and abuse in New York State's no-fault auto insurance system remains at crisis levels. III also revealed the estimated 'fraud tax' that New Yorkers paid in 2010 was $204 million--an amount exceeding $200 million for the second consecutive year. The New York State Senate Insurance Committee is holding a hearing today to examine the issue more...

2011-04-26 08:00:00

Florida, California, New York, Texas and Maryland Lead States DES PLAINES, Ill., April 26, 2011 /PRNewswire-USNewswire/ -- The National Insurance Crime Bureau (NICB) today released a new analytical report that examines national vehicle collision questionable claims (QCs) from 2009 and 2010. The report compares those QCs to bodily injury/personal injury protection (BI/PIP) insurance claims submitted during the same period--January 1, 2009 through December 31, 2010. Analysis shows that the...

2011-04-25 09:44:00

Organized Scams Defraud Consumers And Insurers Alike, Costing Billions Of Dollars Annually NEW YORK, April 25, 2011 /PRNewswire-USNewswire/ -- If you have been involved in an auto accident that just didn't feel right, it might not have been an accident at all. More and more criminals are devising elaborate staged vehicle accidents--complete with fake injuries--to collect on insurance policies, according to the Insurance Information Institute (I.I.I.). Not only can these staged accidents...

2011-04-25 08:00:00

Hillsborough, Dade and Orange Counties Lead Increase DES PLAINES, Ill., April 25, 2011 /PRNewswire-USNewswire/ -- The National Insurance Crime Bureau (NICB) today released its Florida staged accident report. The report examines questionable claims (QCs) originating in Florida and referred to the NICB for one or more of the following referral reasons: jump-in, paper accident/phantom accident, solicitation (chasers and cappers), staged/caused accident, or suspicious hit while parked. The...

2011-04-20 06:00:00

AUSTIN, Texas, April 20, 2011 /PRNewswire/ -- During its annual industry conference Injury Sciences LLC announced the release of WrExpert Pro(TM), the next and most advanced generation of software for the scientific analysis of vehicle damages and related auto injury claims. WrExpert Pro(TM)( )leverages data integration with client systems and leading third party technology providers and, with little or no manual data entry, delivers a biomechanical analysis that includes assessments of...

2011-04-14 10:00:00

Questionable Vehicle Thefts and Faked/Exaggerated Injuries Lead Increase DES PLAINES, Ill., April 14, 2011 /PRNewswire-USNewswire/ -- The National Insurance Crime Bureau (NICB) today released its questionable claims (QC) referral reason analysis for California. The report examines QCs originating in California and referred to NICB from January 1, 2008, through December 31, 2010. In 2008, a total of 15,609 California QCs were referred to NICB from its member insurance companies...


Word of the Day
toccata
  • In music, a work for a keyboard-instrument, like the pianoforte or organ, originally intended to utilize and display varieties of touch: but the term has been extended so as to include many irregular works, similar to the prelude, the fantasia, and the improvisation.
This word is Italian in origin, coming from the feminine past participle of 'toccare,' to touch.
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