
| CBIC
FRAUD REPORT February 2, 2004
Fraud Report is a
weekly report of an example of fraud. |
STATE
OF NEW YORK
INSURANCE FRAUDS
PREVENTION ACT


Superintendent Gregory V. Serio
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Our frauds investigators are better trained and better positioned to combat fraud than ever before. The 811 arrests in 2003 topped the previous year’s level by 15%. Individuals who feel that
they are above the law, and can steal from the insurance system should
take notice. New York State will investigate you,
arrest you and prosecute you. The crime of insurance fraud, motivated by
greed, hurts the honest consumer in the form of higher insurance rates.
This will not be tolerated in New York State.
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CBIC is an "A" rated property and casualty insurance company,
licensed to do business in all 50 states, and on the U. S. Treasury
approved list for Federal bonds. |
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