State insurance fraud bureaus, led by Florida, increased their conviction rate by nearly one-third from 2001 through 2002, a new study by the Coalition Against Insurance Fraud has found.
The Washington, D.C.-based organization said the increase in successful prosecutions came about even as fraud bureaus were complaining that their biggest concerns included having adequate resources to do their job and the impact of reduced budgets on their ability to perform.
Coalition findings came after a study of 43 bureaus. Among the key findings:
• Convictions rose by nearly one-third, to a record 2,535. The five states with highest number of convictions were Florida, 458; New York, 389; New Jersey, 302; Pennsylvania, 221 and South Carolina, 98. Tied for last place at three apiece were Delaware and the District of Columbia.
