The New York Senate has passed a number of measures meant to corral auto insurance fraud in the Empire State.
The state Senate then threw in a quick dig at the Assembly.
"The Senate has been passing bills to combat auto insurance fraud for more than a decade yet the Assembly has not acted on them [and] the problem has only grown worse," says Senate Republican Conference Leader Dean G. Skelos, in a statement.
One of the bills (S 3547) makes it a crime to stage a motor vehicle accident with intent to commit insurance fraud. A suspect would face harsher penalties if the act results in serious injury or death.
S 3033 makes "runners" illegal. Runners are people who steer accident victims to crooked medical treatment facilities that bill insurers for unnecessary treatments.
The last of the trio of anti-fraud bills from the Senate, S 1959A, all insurers to cancel policies taken out by fraudsters—many of whom pay with bad checks or stolen credit cards right before a staged accident, says lawmakers in the Senate.
"New York is awash in a tsunami of insurance fraud," says John A. Corlett, Legislative Committee Chairman for AAA New York, in a statement. "It is very encouraging to see the Senate take action on an issue that impacts so New York State residents."
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.
