Foremost Insurance Reminds of the Effects of Auto Insurance Fraud

Insurance fraud is not a "victimless" crime, according to Foremost Insurance Group. Fraud doesn’t just affect insurance companies, unfortunately all customers are impacted. Fraudulent claims increase the loss and investigation expenses for an insurer and impacts the rates customers pay for insurance.

Insurance fraud is on the rise. According to the National Insurance Crime Bureau, 14% more questionable claims were referred to them in 2009 than the year before. "Foremost has seen similar insurance fraud trends in recent months,” said Doug Ashbridge – Director of Special Investigations for Foremost®. "We have zero tolerance for fraud in all forms and have aggressive programs in place to detect, resist and prosecute those who take advantage of the company and other customers,” Ashbridge said...

INN: Foremost Insurance Reminds of the Effects of Auto Insurance Fraud