Browsing: insurance fraud

The California Department of Insurance has issued a public service announcement (PSA) warning drivers about a rise in vehicle hostage scams occurring throughout Southern California involving tow truck companies. The Department’s Inland Empire Automobile Insurance Fraud Task Force has investigated multiple cases, including one that led to the arraignment of 16 residents.

The California Department of Insurance announced that an insurance fraud ring allegedly targeted car accident victims, holding vehicles at repair shops in exchange for significant cash payments.

The National Insurance Crime Bureau (NICB) is warning of fraudulent contractors targeting disaster-stricken areas. Brokers are advised to guide clients on how to avoid scams during the rebuilding process.

Learn about the risks of car registration theft and how to safeguard your vehicle and personal information.

A joint investigation by the Tampa Bay Times and Miami Herald exposes how Florida insurance companies siphoned profits to affiliates while lobbying for financial favors from lawmakers, contributing to rising insurance rates.

The Michigan Attorney General’s office has broadened its Auto Fraud Task Force to address the increase in both auto insurance fraud and large-scale auto theft.

The state of South Carolina holds a concerning position in the US for fraudulent vehicle-related insurance claims, according to a recent analysis.

Vincent G. Fannick, owner of Vince’s Towing in Pittsburgh, faces numerous charges including insurance fraud and theft after allegedly overcharging customers for short-trip tows.

A fraudulent scheme involving car accident victims, towing, and repair shops was targeted by a fraud ring.

The California Department of Insurance is cautioning drivers about a surge in tow truck scams that involve holding vehicles hostage and demanding large payments.