$1 million of potential losses uncovered statewide in most common type of auto insurance fraud

SACRAMENTO, Calif. -Detectives from the Department of Insurance, assisted by local district attorneys and local law enforcement spent the last week serving arrest warrants in 22 counties where district attorneys have filed more than 200 felony counts and multiple misdemeanor charges against 195 people for alleged auto insurance fraud committed against 40 insurance companies.

“Unfortunately, this type of insurance crime is surprisingly common,” said Insurance Commissioner Dave Jones. “Insurance fraud is an expensive drain on the state’s economy that totals into the billions of dollars annually in California. This is not a victimless crime. The cost of these scams is passed along to consumers through higher rates and premiums-everyone pays for insurance fraud.”


To read this article in its entirety visit Insurance.ca.gov


One Response to COI: Nearly 200 arrested in statewide auto insurance fraud sweep

  1. super real says:

    If you might be a tenant in addition to facing low credit score, with out a pinch of doubt the credit
    application of yours will likely be turning down super real what
    makes or breaks your probability of securing a brand new mortgage loan will be your credit standing.

LOS ANGELES: Encino, Beverly Hills, Santa Monica, Woodland Hills, and Glendale       ANAHEIM: Santa Ana, Irvine, Newport Beach, Long Beach, and Pomona

SAN FRANCISCO: Santa Rosa, San Jose, Monterey, Concord, and Oakland  SAN DIEGO: Riverside, Chula Vista, El Cajon, Del Mar, and Oceanside

SACRAMENTO: Fresno , Modesto, Stockton, Vacaville, and Roseville       ARIZONA: Phoenix, Scottsdale

WASHINGTON: Seattle, Spokane

Copyright © 2013 Specialized Investigations. All Rights Reserved.