Fraud investigators brace for arsons from subprime mortgage crisis
Monday, December 3rd, 2007 Fraud PropertyInsurance fraud investigators are girding for an expected rash of arsons by cash-strapped homeowners trying to avoid foreclosures and ballooning monthly payments as the subprime mortgage crisis deepens. "Home arsons for insurance money by mortgage-burdened owners are hardly new. The question is whether a new and virulent spike looms," says the Coalition Against Insurance Fraud.
External References & Further Reading
http://www.insurancejournal.com/news/national/2007/12/03/85361.htm
