Tag Archive | "auto policies"

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Geico turns to civil suits in bid to fight fraud

Geico turns to civil suits in bid to fight fraud When the insurer Geico started selling auto policies in Massachusetts in 2009, it used low prices, a big Internet presence, and ubiquitous advertising to grab business from competitors. But it ran head-on into a local problem: rampant insurance fraud … Read more on The Boston […]

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Eight more charged with Sandy fraud

Eight more charged with Sandy fraud That brings the total number of people charged with fraudulently obtaining Sandy aid in New Jersey to 45 since March 2014, according to the state Attorney General's Office. …. The investigation revealed that Clemons had no car insurance at the time. Read more on Asbury Park Press New Jersey […]

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Understanding The Longevity Calculation

Understanding The Longevity Calculation Perhaps you have seen figures from an insurance company or financial services company that have provided a life expectancy estimate. Here's the … In the life settlement industry, calculating life expectancies is a critical part of our business. We … Read more on Insurance News Net Obamacare sticker shock: Big rate […]

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NJ Reminds Insurers to Provide $250K as Default PIP Coverage Option

NJ Reminds Insurers to Provide 0K as Default PIP Coverage Option New Jersey regulators recently reminded personal auto insurers and producers that they must offer a $ 250,000 coverage limit as the default option for personal injury protection (“PIP”) benefits — unless the applicant or the policyholder affirmatively … Read more on Insurance Journal New […]

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