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Triple-I and NICB Join Up to Help Consumers Fight Contractor Fraud
May 20, 2024

... are marking this week (May 20-24, 2024) as Contractor Fraud Awareness Week (CFAW) to highlight how homeowners can protect ...   “For many homeowners who are victims of contractor fraud, it has either forced delays in rebuilding or has completely halted the ...


Triple-I: Florida’s Property Insurance Market Improving Due to Legislative Reforms Curbing Legal System Abuse, Fraud
May 8, 2024

... After years of enduring rampant legal system abuse and claim fraud, Florida’s property insurance market is showing signs of improvement as ...


Triple-I: Homeowners Can Combat Post-Disaster Fraud Schemes
May 19, 2023

... Insurance Crime Bureau  (NICB) are marking  Contractor Fraud Awareness Week  (May 22-26, 2023). “Home contractor fraud needs fixing as entirely too many consumers fall victim to shoddy work ...


Legalized Fraud in Florida: Stormy Waters Ahead
May 9, 2023

May 9, 2023 Legalized Fraud in America Legal system abuse is a pervasive problem in the United ... using legal loopholes and sometimes they involve direct fraud. Nonetheless, this behavior can lead to higher costs for insurers and for ...


Michigan’s Auto Insurance Reform Law Reducing Costs, Paper Finds
April 4, 2023

... regulate personal auto insurance rate filings Creating a Fraud Investigation Unit within the Department of Insurance and Financial ... fee schedule, uncontrolled utilization, and substantial fraud and abuse were the principal factors causing Michigan’s high PIP ...


Triple-I: New Florida Law Has Potential to Reduce Insurance Costs
February 16, 2023

... 2023 suggest Florida is now quite serious about fixing the fraud and legal system abuse that have contributed to the state’s insurance ... in August 2022. “It will take years for the impacts of fraud and legal system abuse to be wrung out of the system and for ...


Insurance Information Institute Releases Its 2022 Annual Report
February 2, 2023

... economics and public policy; and legal system abuse and fraud.   “The Insurance Information Institute is the go-to resource ...


Triple-I Joining Nov. 17 Twitter Chat on Insurance Fraud Awareness
November 16, 2022

... Thursday, Nov. 17, at 1 p.m., ET, as part of International Fraud Awareness Week , according to the Insurance Information Institute (Triple-I), one of the event’s participants.   “Fraud schemes affect all types of insurance in the United States, yet those who ...


Facts + Statistics: Fraud
September 20, 2022

Insurance fraud Insurance fraud is a deliberate deception perpetrated against or by an insurance company or agent for financial gain. Fraud may be committed at different points in ÌìÃÀ´«Ã½ transaction by ...


Facts + Statistics: Product liability
September 8, 2022

... private investigators, hearing representatives and fraud investigators are included. In addition, attorney legal fees may be ...