Allstate Asks for Legislative Response to Demonstrated Increase in Suspicious Insurance Claims, as Reported Today by the National Insurance Crime Bureau
HAUPPAUGE, N.Y., April 13, 2011 /PRNewswire/ -- Allstate is responding to a report issued today by the National Insurance Crime Bureau (NICB) that shows a double-digit percentage increase in questionable claims (QC) over the last two years in New York State. According to the NICB, faked and/or exaggerated injuries and excessive treatments are leading the increase.
Krista Conte, New York spokesperson for Allstate Insurance Company, said in response to the report:
"We commend the NICB on their efforts to fight fraud and raise awareness about this issue, which is extremely important to all New Yorkers.
"Not only is no-fault fraud, or auto accident fraud, costing New York consumers and insurers hundreds of millions of dollars, it puts drivers at risk. Those who would commit this type of crime are taking advantage of the broken no-fault system and are organized, calculating and part of a big business. They are gaming the auto insurance system and the victims are honest, hard working New Yorkers.
"Without the support of lawmakers, incidents of fraud will continue to increase and insurance costs will rise. Responsible citizens are the victims. Enacting meaningful reform of the no-fault system is an important way to fight this expensive and dangerous crime."
The full NICB report can be found at: /File%20Library/Public%20Affairs/NY-QCs08-10.pdf
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate®" slogan, Allstate is reinventing protection and retirement to help nearly 16 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate®.
Contact: |
Krista Conte, [email protected] |
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Jaclyn Darrohn, [email protected] |
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SOURCE Allstate
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