A violent criminal underworld of drug dealers and mobsters is pooling resources to defraud insurers. The Coalition reports on better-mobilized fraud gangs and masterminds' stunning heists, including a $400M crash-injury scheme and a $163M Medicare heist.
Insurance industry professionals are furious with the New York state legislature after a bill was passed that did nothing to provide meaningful auto no-fault insurance reform, says the head of the states insurance company trade association.