Bipartisan Bill Targets Staged Auto Accident Fraud Nationwide
A bill introduced in the U.S. House of Representatives would make staging motor vehicle accidents for insurance payments a federal crime.
On the Hill
Legal Reforms Begin to Ease Insurance Costs for Consumers
After years of rising insurance costs driven in part by legal system abuse, litigation financing and nuclear verdicts, tort reform is beginning to translate into lower premiums, rate reductions and direct savings for consumers.
Legislation to Crack Down on Staged Accidents Introduced
The bill would help deter insurance fraud, reduce unnecessary litigation costs and ease the pressure of rising insurance premiums.
New York Tackles Auto Insurance Fraud and Legal System Abuse
The bills signed into law last week address some of the core factors that have driven exorbitant auto insurance premiums in New York.
Fannie Mae and Freddie Mac Roll Back Property Insurance Requirements
For more than a year, the Big “I” worked constructively with Fannie Mae and Freddie Mac to revise their property insurance requirements for federally backed mortgages.
Senate Holds Hearing on Challenges in the Property Insurance Market
The hearing highlighted the recent property insurance market turmoil due to the major disasters in Florida, Georgia, the Carolinas, California, Hawaii and Vermont.
