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Article: INSURANCE COMMISSIONER POIZNER ANNOUNCES ALARMING INCREASE IN SUSPECTED AUTO INSURANCE FRAUD AS ECONOMY WORSENS

Article from:
US Fed News Service, Including US State News
Article date:
July 29, 2009
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SACRAMENTO, Calif., July 28 -- The California Department of Insurance issued the following press release:

2008 saw a 25 percent increase in suspected vehicle arson fraud

Commissioner Poizner today announced that recently compiled Department of Insurance statistics show that scam artists may be committing more automobile insurance fraud to cash in on insurance money. The Department of Insurance has seen an increase in suspected auto arson and auto theft fraud referrals last year.

"Many Californians are facing a host of financial challenges in today's economy, but I want to remind everybody that you will only compound your problems if you break the law and commit fraud in search of a quick ...

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