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Latest Insurance fraud Stories

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...

2011-04-13 08:00:00

Faked/Exaggerated Injuries and Excessive Treatment Lead Increase DES PLAINES, Ill., April 13, 2011 /PRNewswire-USNewswire/ -- The National Insurance Crime Bureau (NICB) today released its 2010 questionable claims (QC) referral reason analysis for New York. The report examines QCs associated with New York and referred to NICB from January 1, 2008, through December 31, 2010. In 2008, a total of 6,378 New York QCs were referred to NICB from its member insurance companies compared with...

2011-03-24 10:35:00

HAUPPAUGE, N.Y., March 24, 2011 /PRNewswire/ -- Allstate has received claims from a seemingly staged auto accident depicted in a surveillance video released by the New York City Police Department late Tuesday. The incident occurred in the Bronx less than a year ago. On the same day, the New York State Senate passed a Staged Accident Bill that would make it a felony to intentionally cause a vehicle collision. Krista Conte, New York spokesperson for Allstate Insurance Company, said: "We...

2011-03-15 12:00:00

CHESTER, England, March 15, 2011 /PRNewswire/ -- The car insurance industry is coming under fire after a report from the Transport Select Committee attacked the relationship between insurance firms and personal injury lawyers. The report, which was presented by leading actuarial consultancy EMB, described the "merry-go-round" of payments that occurs after car crashes, with lawyers allegedly paying insurers and even garages for information about people involved in car accidents. The...

2011-02-28 08:12:00

LIVONIA, Mich., Feb. 28, 2011 /PRNewswire/ -- H.E.A.T. (Help Eliminate Auto Thefts) today commented on the 2009 statistics recently released by the Automobile Theft Prevention Authority (ATPA) in its annual report. The statistics once again showed an annual decrease in the number of vehicle thefts in Michigan. "We are pleased to see the continued decline in the number of vehicle thefts across the state," said Terri Miller, director of H.E.A.T. "However, we do want to make Michigan...

2011-02-24 08:50:00

NEW YORK, Feb. 24, 2011 /PRNewswire-USNewswire/ -- When purchasing car insurance, you probably already have a good idea about the factors that affect your car insurance premium rates and coverage. But how do you differentiate between truth and fiction? The Insurance Information Institute (I.I.I.). dispels common myths about auto insurance and shows you how you can save money: Myth 1. Color determines price of auto insurance. It doesn't matter if your car is red, green or purple. What...

2011-02-08 08:00:00

If You Didn't Request It--Reject It DES PLAINES, Ill., Feb. 8, 2011 /PRNewswire-USNewswire/ -- Each year consumers pay more for their auto and homeowners insurance policies as a direct result of fraud. We've all heard the stories--unnecessary auto glass repairs, aggressive and exorbitant towing charges, needless home repairs, total roof replacements, sinkhole damage, solicitation of accident victims -- these and other kinds of insurance scams contribute to an annual loss amount estimated...

2011-01-11 07:00:00

CLEVELAND, Jan. 11, 2011 /PRNewswire/ -- A highly focused team of professional healthcare fraud investigators using highly sophisticated software helped Medical Mutual of Ohio reclaim an all-time high of $8.1 million of fraudulent activity in 2010. "What it all comes down to is criminals picking the pockets of our health insurance customers and in the end, the cost of fraud is passed on to all of us," said Brien Shanahan, Medical Mutual's director of Legal Affairs. Shanahan explained...

2010-12-28 11:00:00

HAUPPAUGE, N.Y., Dec. 28, 2010 /PRNewswire/ -- As detailed in a lawsuit filed today, its seventh this year, Allstate Insurance Company seeks to prove that professional service corporations are actually owned and operated by a layperson, rather than by licensed physicians or medical professionals. Allstate is committed to fight insurance fraud in New York and has sought to recover damages totaling $10,534,093.56 during 2010. Since 2003, Allstate has filed 27 fraud lawsuits in New York,...


Word of the Day
monteith
  • A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
  • A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.
This word is possibly named after Monteith (Monteigh), 'an eccentric 17th-century Scotsman who wore a cloak scalloped at the hem.'
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