Insurance crime costs Canadians more than $1 billion per year. It transcends our borders and often involves international organized crime rings. No one organization, group or association has the power, influence or resources to effect significant change on insurance crime, but if resources are pooled, ideas are shared and groups work together, the possibility for […]
Types of Personal Injury Fraud
September 12, 2011 by
Premeditated personal injury fraud – auto insurance The common auto insurance scams described below are carried out by seasoned criminals, who attempt to claim debilitating injuries in order to get income replacement and other financial benefits from insurance companies. These sophisticated criminals often plan accidents, hire witnesses to back up their stories, and provide all […]
Personal Injury Fraud
September 12, 2011 by
Personal injury fraud – as it pertains to home, car or business insurance claims – is any act or omission intended to result in a financial insurance benefit for an injury that is nonexistent, exaggerated or unrelated to any accident that would be covered by the policy. No matter what the circumstances, personal injury insurance […]
Top 10 Most Stolen Cars – 2010
September 12, 2011 by
IBC releases annual list of top 10 stolen vehicles – Insurers continue the fight against auto theft December 16, 2010 Toronto, ON – December 16, 2010 – Insurance Bureau of Canada (IBC) released its annual list of the most frequently stolen vehicles today. Again in 2010, the appearance of high-value, all-wheel/four-wheel drive models on the […]
Thieves generally steal cars for one of four reasons:
September 12, 2011 by
1. For sale abroad – Stolen cars are often immediately packed – with their vehicle identification numbers (VINs) still intact – and shipped abroad, where they are sold for many times their original market value. Where are all the stolen vehicles going? Destinations 2. For sale to unsuspecting consumers – Stolen cars may be given […]
