Auto Insurance Suspicious Claims Up
According to the article “NICB: Suspicious insurance claims up” by Susan R. Miller found on bizjournals.com, the number of questionable insurance claims increased to 41,619 in the first half of 2009, up from 36,743, in the first half of 2008.
NICB member insurance companies refer these claims to the Des Plaines, IL based bureau for investigation based on certain indicators of fraudulent activity. The report does not determine how many of these referrals end up being true fraud. It also does not look at causal factors. It’s only looking at raw data.
Suspicious auto insurance claims increased by 21% in the first half of 2009. Auto glass fraud is the number one type. Suspicious car theft claims were 6,852, up 10% from 6,216 in the first half of 2008.
Tags: Affordable Auto Insurance, auto glass, Auto Insurance, auto insurance claims, auto insurance fraud, insurance fraud
