A man whom federal prosecutors in New York say was the mastermind behind a $40 million automobile insurance fraud scheme pleaded guilty on Friday to bribery, health care fraud and identify theft charges. Alexander Gulkarov, 37, owned medical clinics in …
A new regulation issued by the New York State Department of Financial Services (DFS) aims to curb costs and abuses of New York’s no-fault insurance law while leveling the playing field for New York insurers, according to a DFS press …
New York Attorney General Eric Schneiderman announced this week the felony conviction of an insurance fraudster who scammed no-fault insurance companies out of millions of dollars. Officials said Arthur Bogoraz pleaded guilty to Money Laundering in the Second Degree (a …
An insurance board says the annual fee that Michigan drivers pay for some personal injury costs will increase 6 percent to $186 per year starting July 1. The Michigan Catastrophic Claims Association announced the fee. The current cost is $175 …
An insurance fund that slaps a fee on every Michigan car to pay for catastrophic injuries suffered in accidents has been ordered to open its books and demonstrate how it sets the annual rate. The decision by an Ingham County …
