Auto Insurance Fraud Becoming More Prevalent

Written by Christina Williams on January 10, 2012 – 9:19 pm

Auto insurance fraud is something that is becoming a problem in many states. Many politicians have tried to enact laws that will try to deter people from engaging in fraud but it is still going on every day in all of the 50 states.

A man from Peabody named Robert Geller decided to plead guilty to charges that he used his auto repair shop and glass repair shop to commit car insurance fraud. The man allegedly was able to bilk auto insurance companies to the tune of $28,000.

In all the man who is 53 years old was charged with a total of twenty counts of auto insurance fraud, eighteen counts of larceny over $250, and two counts of attempoted larceny.

As a part of his agreement with the Attorney Generals office, he must pay back all of the money that he obtained fraudulently and he will be on probation for nine months.

What Mr.

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Tags: Auto Insurance, Auto Insurance Fraud, Becoming, Insurance Fraud
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Auto Insurance Fraud A Felony

Written by Zachary Jones on March 27, 2011 – 7:35 am

Auto insurance fraud is soon to become a felony in the state of New York.  Legislators are working on harsher penalties for those submitting false claims and other fraudulent activity according to the article “New York Senate Passes Bill Making Auto Insurance Fraud a Felony” found on the US Insurance Corner website.

The New York Senate is hoping that passing harsher penalties against perpetrators will not only encourage less fraud but will ultimately lower costs of auto insurance quotes for everyone in the state.  Fraud losses have to be made up somehow by insurers and unfortunately it ends up coming out of innocent, law-abiding customers.

Republican Senator James Seward sponsored the bill and on the Senate’s insurance committee as a chairman.  He bel Read full article…


Tags: Auto Insurance, Auto Insurance Fraud, Felony, Insurance Fraud
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