PCI Debuts InsuranceFraudUncovered.com

In an effort to stem the rising tide of auto insurance fraud afflicting the state of Florida, the Property Casualty Insurers Association of America (PCI) has introduced www.InsuranceFraudUncovered.com.

PCI says it will use the website to initiate a dialogue with state legislators and the public regarding solutions on to how the state can crack down on questionable insurance claims. The association also highlighted reforms that can be considered during the upcoming Legislative Session to stop PIP fraud in Florida.

“Floridians need to know that our state, unfortunately, continues to have the highest number of questionable, or ‘staged,’ auto accidents of any other state in the country,” says William Stander, PCI’s assistant VP and regional manager for Florida. “Four of the 10 U.S. cities with the highest rates of questionable claims are Miami, Tampa, Orlando and Hialeah. This fraud epidemic amounts to costly premiums for Florida drivers. Based on the latest data available, Florida motorists as a group pay the 2nd highest auto liability insurance premiums in the nation. The 2008 average annual liability premium is $736, which is 56% higher than the national mean of $471.”

The Florida Chamber of Commerce and Associated Industries of Florida both fully support the efforts of PCI and InsuranceFraudUncovered.com, the association says.

“According to the National Insurance Crime Bureau, Florida now ranks first in the nation in questionable automobile insurance claims. Florida’s business community can no longer afford to stand by and expect PIP fraud to go away," says Teye Reeves, director of business climate and quality of life policy, at the Florida Chamber of Commerce. "We must do something now. In conjunction with InsuranceFraudUncovered.com, the Florida Chamber of Commerce stands ready to fight against rampant PIP fraud on behalf of the automobile owners in Florida."

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