New York Auto Insurance Fraud Ring Shut Down
A federal investigation has resulted in the dismantling of an auto insurance fraud ring that was working in New York. This group managed to scam insurance companies out of $279 million dollars, by filing bogus claims. They were able to do this by taking advantage of New York’s no-fault auto insurance. Some states have what is called no-fault auto insurance. Florida and New York are two of the states that do. The majority of states do not use this particular type of car insurance. No-fault auto insurance is a personal, (or individual), policy that functions somewhat differently than a typical … Continue reading