Monday 30 January 2012

Insurance News - Monday, January 30, 2012


Read more here: http://www.bradenton.com/2012/01/29/3826908/no-fault-auto-insurance-fraud.html#storylink=cpy
Legislation Puts Florida's No-Fault Auto Insurance Fraud on Ropes

Legislation championed by Rep. Jim Boyd of Bradenton gained momentum over the past week -- and deservedly so. With Florida serving as ground zero for staged vehicle accidents, bogus injuries and auto insurance fraud for several years now, the Legislature has tried but failed to adopt remedies. This session looks like the game-changer.

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More Auto Insurance Victims Being Denied in Ontario

Insurance companies in Ontario are turning down an increasing percentage of requests for the assessment and treatment of serious injuries sustained by motor vehicle crash victims, according to a new survey.


The survey, spearheaded by the Alliance of Community Medical and Rehabilitation Providers, found that 42 per cent of requests of treatment are now being rejected, up from 11 per cent prior to the government’s changes to the insurance system in September 2010, a jump of 282 per cent. The survey looked at 1,143 rehabilitation providers, including 889 sole practitioners and 254 company/practice owners.

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Ontario Court Prevents Property Transfers by Convicted Auto Insurance Fraudster

The Ontario Superior Court of Justice has upheld a summary judgment that set aside two property transfers by a convicted auto insurance fraudster over to his wife, ruling that the conveyances represented an attempt to put his assets out of "past and future victims of his fraudulent activities."

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CBS Report: Scammers Cash in on Car "Accidents"



In this tough economy, one type of insurance fraud is more popular than ever. It involves scam artists who stage car crashes in order to cash in. CBS News chief investigative correspondent Armen Keteyian shows us how it works.

In Tampa, Florida, security cameras outside a business captured an accident: an SUV "slammed" into a car.

read more...


Read
In this tough economy, one type of insurance fraud is more popular than ever. It involves scam artists who stage car crashes in order to cash in. CBS News chief investigative correspondent Armen Keteyian shows us how it works.
In Tampa, Florida, security cameras outside a business captured an accident: an SUV "slammed" into a car.
more here: htt
In this tough economy, one type of insurance fraud is more popular than ever. It involves scam artists who stage car crashes in order to cash in. CBS News chief investigative correspondent Armen Keteyian shows us how it works.
In Tampa, Florida, security cameras outside a business captured an accident: an SUV "slammed" into a car.
p://www.bradenton.com/2012/01/29/3826908/no-fault-auto-insurance-fraud.html#storylink=cpy