... And Federal Oversight Gets Another Push Proponents of federal charters and oversight of insurance are optimistic there will be a change in the system of state regulation in 2009....
Personal Auto Claims Fraud Is On Upward Trend, Accounts for $6.8 Billion Claim fraud and buildup added as much as $6.8 billion in excess payments of automobile injury insurance claims during 2007. Adding to the total were more than 20,000 claims that insurers identified as fraudulent, yet paid anyway....