Senate Approves Bills to Fight Auto Insurance Fraud
| Targeted News Service |
The
The bills, sponsored by Senator
"Auto insurance fraud has become a big business that threatens the safety of motorists, drives up the cost of auto insurance for consumers and hurts our economy," Senator Skelos said. "These bills would make our laws much tougher on rip-off artists who are cashing in on auto fraud. The
"Comprehensive no-fault insurance reform is critically needed to reduce auto insurance costs, put criminals in jail, and protect drivers from becoming innocent victims," Senator Seward said. "The passage of these bills is essential to give law enforcement the tools they need to prevent and prosecute auto fraud offenders. The
It has been almost 11 years since the tragic death of
The
The
Auto insurance fraud is an ongoing crime, with frequent news reports of small and large-scale scam operations that rip-off businesses, consumers and taxpayers. Fraud is a key reason why New Yorkers pay over 50 percent more for auto insurance premiums than drivers in other states.
Three months ago,
One year ago, an auto fraud ring was broken up when eight people were arrested in
In 2012, 36 people were arrested by federal and
In addition, this week the
In cases of "rate evasion," offenders falsely state they live in other states or counties that have much lower incidents of motor vehicle theft, car accidents or judgments relegated to motor vehicle accidents, instead of disclosing their true address in high insurance premium areas, such as
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