Between $5.6 billion and $7.7 billion in excess payments for auto injury claims were paid out in the United States in 2012, according to the Insurance Research Council (IRC). The organization released a new study revealing...
Insights
Special Investigation Units Deliver ROI in Insurance Fraud Campaigns
February 3, 2015
With the cost of insurance fraud estimated to be a staggering $80 to $120 billion annually, insurance companies cannot afford to take an arbitrary approach in their overall fraud deterrence strategy. According to a recent...
Nine Arrested in Miami PIP Fraud Schemes
January 29, 2015
There has been no shortage of auto insurance fraud in Miami of late as Chief Financial Officer Jeff Atwater announced the arrests of nine individuals who have been charged in connection with eight separate cases of personal...
Driving in Florida May Be Hazardous to Your Wallet, New Study Finds
January 26, 2015
You don’t want to have a car accident in Florida, according to a new study released by WalletHub last week. Their numbers ranked states on how ‘safe’ it is for drivers’ finances after an accident. The study placed...
Cuban Crime Rings behind Florida Staged Accident Fraud
January 21, 2015
Originally intended to provide refuge to those fleeing Cuba’s Castro regime, the Cuban Adjustment Act of 1966 has enabled a thriving Cuban criminal network to expand from South Florida throughout the country and take hold...
Dunedin Man Arrested for Fabricating Vehicle Thefts and Defrauding Insurance Company
January 20, 2015
A 26-year-old Dunedin man was arrested by Pinellas County Sheriff’s Detectives on January 14 for auto insurance fraud. Joseph Harris allegedly lied about three incidents of vehicle theft, and then falsely reported the...
Dunedin Man Arrested for Fabricating Vehicle Thefts and Defrauding Insurance Company
January 20, 2015
A 26-year-old Dunedin man was arrested by Pinellas County Sheriff’s Detectives on January 14 for auto insurance fraud. Joseph Harris allegedly lied about three incidents of vehicle theft, and then falsely reported the...
On January 5, 2015, the Appellate Division of the Eleventh Judicial Circuit in and for Miami-Dade County issued a ruling reversing the lower court’s order compelling production of the insurer’s pre-litigation documents. ...
Appellate Court Rules that Two Providers Not “Prevailing Insureds”
January 14, 2015
A trial court ruling awarding attorney’s fees to two medical treatment providers was reversed by the Appellate Division of the Eleventh Judicial Circuit in and for Miami-Dade County in an opinion filed January 9, 2015. The...
Google May Be on the Verge of Selling Auto Insurance in the U.S.
January 13, 2015
There has been much speculation of late surrounding Google and whether the online giant will soon be entering the U.S. auto insurance market to sell policies online. The tech giant is expected to facilitate insurance sales...