When claim costs rise due to fraud, policyholders are forced to pay

  Friday, January 7th, 2011 Source: Village Soup

Preliminary findings from a new study confirm that the New York City metro area is a hotbed for auto insurance fraud and drivers are paying for it. Analysis by the Insurance Research Council (IRC) finds that no-fault auto insurance claims costs are far higher in the NYC metro area than in the rest of the state and there is significant evidence of increased utilization of medical care.

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