When the economy began to sour in 2007, there was an expectation that insurance fraud would increase. Indeed, we did see some cases of people torching or "giving up" their cars to thieves in an effort to get out from under their loan payments. In some cases, people faced with foreclosures resorted to arson in an attempt to recoup insurance money rather than losing their investment.
These desperate acts by people who normally would not think of committing insurance fraud have drawn attention to the problem, but are relatively rare compared with the everyday deliberate fraud that takes place across the country. Our statistics indicate that in spite of the stories about torched houses, businesses and cars, the big-time insurance crimes remain the same as they've always been: auto theft, cargo theft, medical fraud and claims padding.
Auto theft
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