Steve Poizner, the California Department of Insurance Commissioner has announced that recently compiled statistics have shown an increase in suspected auto arson and auto theft fraud referrals last year. Financially desperate California residents and scam artists may be committing more automobile insurance fraud to cash in on insurance money. Department of Insurance investigators have seen an increase in suspected automobile arson and fraud cases. There has been an alarming 31 percent increase in suspected vehicle arson fraud cases in 2008 as compared to cases in 2007. The Department has received almost 300 additional suspected vehicle theft and vehicle arson cases statewide in 2008 than in 2007.

The California Department of Insurance receives referrals of suspected fraud cases from insurance companies. Local law enforcement agencies are directly from consumers. Department enforcement officers carefully examine every case that is brought to the Department’s attention. They are working very hard to crack down on anyone attempting to skirt the law for financial gain.

Almost 1900 insurance fraud related arrests have been made by the Department of Insurance’s enforcement division since Commissioner Poizner took office in 2007.

Tags: california department of insurance, car insurance fraud, insurance fraud, Steve Poizner

This entry was posted on Wednesday, September 2nd, 2009 at 9:50 am and is filed under Insurance News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.