Eight suspects are under arrest for what California officials say was part of an elaborate staged automobile accident ring in San Diego that resulted in insurance losses of more than $200,000.
Property-casualty insurer GEICO has announced the filing of a series of civil suits against defendants accused of running an accident ring in New York that cost the company $2 million in fraudulent claims.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.