The investigation - dubbed Operation Direct Hit - began in March 2007 when the NYPD uncovered evidence of a specific accident pattern occurring within the confines of the 109th Precinct in Queens County that dated back to 2005. Typically, the "victim" vehicle - often driven by an Asian individual *- was intentionally struck while backing out of a driveway or pulling out of a parking lot. The investigation later revealed that Tomas Aquiles, who allegedly coordinated these accidents, specifically targeted Asian American drivers due to his belief that they were bad drivers and mat they would be blamed by the police and insurers for the accidents instead of the actual culprits. Some of the Asian American drivers were injured as a result of these accidents and many suffered significant damag...
Colorado's no-fault insurance law does not require insurers to pay for the diminution in value of an automobile, the 10th Circuit has ruled. Two insureds filed a putative class action against their insurer, State Farm, seeking reimbursement for the diminution in value of their vehicles. They alleged that under the Colorado Auto Reparations Act (also known as the "No Fault Act") insurers were required to provide diminished value compensation through collision insurance, which they had both purchased.
In a report issued earlier this month, the New York State Insurance Department indicated there were 12,807 cases of suspected fraud involving no-fault auto insurance in 2010. The figure represents 88 percent of the total number of suspected health care fraud cases received in 2010 and is down slightly from 13,433 cases in 2009. Only a small portion of the suspected fraud cases lead to arrests.
The District Attorney identified the defendant as Alexander Israeli, 57, of 61-59 Dry Harbor Road in Middle Village, Queens, who practiced at L&B Medical, located at 1 53-25 Hillside Avenue in Jamaica, Queens. The defendant pled guilty to fourth-degree insurance fraud before Queens Supreme Court Justice Gregory L. Lasak in satisfaction of the charges pending against him. Justice Lasak set sentencing for February 25, 2009, at which time he indicated that he would sentence the defendant to a three-year conditional discharge. District Attorney [RICHARD A. BROWN] said that the defendant was charged with submitting insurance claims for costly nerve conduction studies and needle electromyographs ("NCV/EMGs") between January and December 2006 that, in fact, were not performed on seven indi...
Four years after no-fault auto insurance died a celebrated death in Colorado, trauma-care providers say the repercussions have put them on life-support. The statewide switch to a tort system has saved drivers an average of 32 percent a year on auto insurance, the Rocky Mountain Insurance Information Association reported. Surveys have shown that 73 percent of Colorado residents oppose the idea of the state's requiring additional health coverage on their policies again.
... Covered Under Liability or No-Fault Insurance. 411.50 - General provisions. (a) Limits on appli...
BOSTON, March 29 /U.S. Newswire/ -- No-fault auto insurance is consistently more expensive than traditional insurance and should be repealed in Massachusetts and across the country, according to a national study of auto insurance premiums released today by the nonprofit, nonpartisan Foundation for Taxpayer and Consumer Rights (FTCR). The study found that the cost of insurance fell for drivers in states that have repealed no-fault laws. It also details the importance of a strong insurance regulation system in the effort to lower insurance rates.
District Attorney [Richard A. Brown] said, "No-fault fraud and abuse is a billion dollar a year business in New York fueled by crooked health care professionals. Such rip-offs are costing the typical New York motorist $300 to $400 a year in higher insurance premiums and are the major reason why New York's automobile insurance coverage costs an average of nearly $2,000 per driver, the second highest in the nation. Today's arrest sends a clear message to those who are attempting to fleece the system for their own personal gain that law enforcement's fight against insurance fraud is ongoing and that those who cheat will be sought out and vigorously prosecuted.
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