Michigan Car Insurance Fraud Concerns Spurs New Task Force
A task force established by Secretary of State Ruth Johnson is recommending proposals to crack down on auto insurance fraud.
One proposal outlined Wednesday is for the Legislature to create an authority to attack and prosecute fraudulent auto insurance activity. Another calls for the secretary of state’s office to share insurers’ electronic verification information with police for use in traffic stops and accident responses.
Proof of no-fault insurance is required to register the 7 million passenger vehicles in Michigan each year.
Johnson says some drivers knowingly buy bad insurance but others purchase fraudulent policies and believe they’re covered until they are in an accident and file a claim.
The task force also is asking for higher penalties against unlicensed sellers of auto insurance.
- Will California’s New Smoke Claims Law Create a Recovery Bottleneck?
- Don’t Sweat the Heatwave, El NiƱo Is Cooking up Some Raucous Weather for California
- HSBC Executive Strikes Back in Court Fight Over Poaching Claims
- Hurricane Isaias Reaches Category 3 as It Nears Florida, Alabama
- Apollo’s Rowan Blasts Regulators for Handling of Walter Insurers
- Florida Bans Flock Cameras, License Plate Readers From State Roads
- Credit Acceptance Reaches $710M Predatory Auto Lending Settlement With Most States
- The Great Hemp Reset: How the Federal Ban on Intoxicating Hemp Products Will Reshape Risk and Coverage