Minnesota is one of the fastest growing states in the country for insurance fraud, but that could change soon because of tough new laws that go into effect Aug. 1. Last year, the number of staged crashes and fake medical claims in Minnesota rose an alarming 22 percent. That’s 3rd in the nation behind Florida and New York.
Insurance fraud is growing in Minnesota. Experts say this crime alone costs the average family more than $1,400 a year in higher insurance premiums.
A coalition of insurers, prosecutors and Minnesota lawmakers from both parties is lining up behind a package of 11 measures they say will reduce fraud scams that cost all policyholders more.
More than 100 former New York City workers – including police officers and firefighters – were charged Tuesday with defrauding the disability system. Some are accused of fishing or doing karate after saying they were too injured or too depressed to work. Prosecutors say the alleged scams cost the federal government about $400 million. Every year, Americans pay $1.1 trillion in private insurance premiums, but a big chunk of that money goes to pay out false insurance claims.
A Minnesota man convicted in an $11 million insurance fraud case has been sentenced in federal court after trying to avoid prison by faking his own death. A U.S. District Court judge on Monday sent Travis Scott to prison for 12 years and eight months after the 36-year-old Eden Prairie man pleaded for compassion.
A sophisticated routine is taking money directly from our wallets. Mark Kulda of the Insurance Federation of Minnesota says anyone involved in even a slight car accident could be at risk.
A St. Paul man has been sentenced to three years of probation for claiming his pricey art had been stolen and then collecting insurance money.
During Insurance Fraud Awareness Week, the Insurance Federation of Minnesota is encouraging everyone to report suspected insurance fraud.