The last day of the latest Florida legislative session (March 9) saw the passage of a measure to help bring reform to the states auto-insurance system.
Allstate Insurance Co. is continuing its drive to recoup hundreds of millions of dollars allegedly lost to fraud, as the insurer has filed another lawsuit in New Yorkthis time seeking $2 million from 27 defendants.
Allstate Insurance Co. is continuing its drive to recoup hundreds of millions of dollars allegedly lost to fraud, as the insurer has filed another lawsuit in New Yorkthis time seeking $2 million from 27 defendants.
There is no question that insurance fraud costs Americans billions of dollars annually. According to the Coalition Against Insurance Fraud (CAIF), the business of fraud costs the industry an estimated $80-$120 billion each year.
What started out as a consumer protection has sadly created a cottage industry and feeding frenzy among unscrupulous medical clinics, criminal-fraud rings and some trial lawyers.
A growing number of agents are finding value in making a relatively small investment to develop custom mobile apps that can improve customer serviceand brand the agency as one that is on the cutting edge.
Despite all the advances in technology making the information highway a speed ramp of data, fighting insurance fraud still takes the hard work of gumshoe investigators to get the job done.
Despite all the advances in technology making the information highway a speed ramp of data, fighting insurance fraud still takes the hard work of gumshoe investigators to get the job done.