N.Y. Lists Worst Insurance Scams Of 2003
NU Online News Service, March 10, 10:08 p.m. EST?The New York State Insurance Department, which made 811 fraud arrests last year, released its annual "Top 10″ list of the worst insurance-fraud cases in the state for 2003.[@@]
New York's insurance department said the list should be a powerful reminder that insurance fraud is far from a victimless crime. The department noted that consumers pay for this crime through higher premiums, cost of goods, and in some cases, injury and even death.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
