News About Insurance

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Tuesday, August 6, 2013

Insurance News - Tuesday, August 6, 2013

Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Tuesday, August 6, 2013:
  • A U.S. study has revealed that insurers couldn’t accurately detect fraud potential based on any single behavioral characteristic viewed in isolation. Precise detection comes from bringing together multiple characteristics to create an overall picture of the probability of fraud. 
  • Here is an interesting consequence of high auto insurance rates in Michigan. In Detroit where rates are highest, there is low voter participation rates because voter registration is tied to one's drivers' licence. Drivers are choosing insurance fraud over voting.
  • Nearly 500,000 motorists in 18 New Jersey towns are receiving notice about a $4.2 million settlement the from a class-action lawsuit over tickets generated by red light cameras.
  • Quebec Tribunal agrees with SAAQ which had rejected Montreal developer’s auto insurance claim after would-be assassin shot him in his car.
  • U.S. hospitals are billing auto accident victims directly to get around discounted rates from health insurers in order to maximize revenues. The victims must pay the hospital out of their auto insurance settlement.
Posted by Unknown at 6:05 AM
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      • Insurance News - Thursday, August 29, 2013
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      • Will Ontario's Experience With Licensing Clinics B...
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