NICB: Groups are suspected increasingly in questionable claims

01/22/2013 | Insurance Networking News

Questionable insurance claims suspected to have come from activity by organized groups rose 47% from 2008 to 2011, according to a report from the National Insurance Crime Bureau. Such claims, however, dropped significantly during 2011 and the first six months of 2012, the report said. The highest losses were reported in states including Florida and Michigan, which have no-fault auto insurance systems, NICB said.

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