There is a current discussion in New York about the right of insurance companies to use credit information to determine rates. A company may come up against some backlash for this practice. However, New York law says it is legal to base rates, at least in part, on credit information. Still, the law also places […]
Monthly Archives: June 2023
Car insurance fraud is a growing problem that impacts the bottom line of every insurance company. It results in higher premiums for policyholders and drains resources from insurance companies. Understanding the types of car insurance fraud can help insurance companies take effective action to prevent it. Fraud is not always easy to detect, but insurance […]