On June 11, 2010, Geico filed a $1.8 million lawsuit in which it accuses a Queens, New York radiology center of a no-fault auto insurance fraud scheme that involved thousands of suspect claims for service.

Ten cities will receive financial aid to continue 4th of July festivities courtesy of Liberty Mutual Group as the Boston-based insurer announced the winners of its "Bring Back The 4th" contest.

The good news is a fraud task force set up by the National Insurance Crime Bureau (NICB) in South Florida in 2002 seems to have had an effect on automobile insurance fraud.

A Riverside, Calif. man has pled guilty to a whopping 59 felony counts of grand theft, among other charges.

Finally, some good news about the Florida property insurance market.

House and Senate negotiators added at the last moment a tax on large financial institutions, including insurers, before completing work early today on sweeping financial services legislation.

A 5 percent rate increase by the Texas Windstorm Insurance Association may lead to more stability for consumers, said an official from an independent agent association in the state.

Florida residents have more carriers to choose from when shopping for homeowners insurance compared to other hurricane-prone states, but the financial strength of new entrants there is "questionable," according to Weiss Ratings.