According to the FBI website, insurance fraud (non-health insurance) is estimated to cost $40 billion a year. American consumers pay between $400 and $700 a year in increased premiums due to fraudulent claims. As a business owner, you’ve worked hard to maintain a profitable and successful business. Each year employees and customers make claims for […]
Month: February 2018
No fault insurance fraud leads law makers to consider options
Lawmakers are considering replacing Florida’s no fault auto insurance law. Currently, Florida is one a dozen states with no fault insurance laws. These laws are designed to keep insurance premiums low, but Florida has the fifth highest premium rates in the nation. As a replacement, lawmakers are considering a mandatory bodily injury (BI) coverage system. […]
