Tuesday, April 28, 2009

Poor Economy Linked to Increased Insurance Frauds -Suspicious Car Fires up 27%!

The ongoing economic downturn has been linked to a raise in the number of possible cases of insurance fraud in the U.S, according to a new report by the National Insurance Crime Bureau (NICB). An analysis of "questionable claims" that were classified as possibly fraudulent and were submitted by the more than 1,000 NICB member insurance companies in the first quarter of 2009, show a significant increase in these type of claims over the first quarter of 2008.

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