Insurers brace for boost in arson

01/11/2008 | CNNMoney

Some insurers say an increase in the number of foreclosures could lead to an increase in arson. Many homeowners are struggling with increasing subprime mortgage payments, noted the Coalition Against Insurance Fraud in a recent report. "When the economy is down, we see an increase in fraud," said Dennis Schulkins, a claim consultant in State Farm's Special Investigative Unit.

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