No-fault Insurance fraud on the rise in Florida and New York

No-fault Insurance fraud on the rise in Florida and New York

Insurance fraud is on the rise and motorists in the hardest hit states governed by no-fault insurance laws are footing the bill. Staged accidents and the exorbitant fake medical bills that follow are at the heart of a problem that is resulting in a “fraud tax” on auto insurance premiums of as much as 20 percent in some areas, industry experts say. “Florida is Ground Zero for staged accidents in the U.S., bordering on out…

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