News Headlines Article

Phony health insurance deals flourish in hard times
Sacramento Bee

The sour economy is producing a bumper crop of cash-strapped consumers, business owners and shady agents who are fueling a wave of insurance fraud that’s keeping regulators and law enforcement officials busy from coast to coast.

Whether it’s worthless health plans peddled by fax, staged auto accidents, arson or slip-and-fall accidents at the local mall, insurance fraud of all kinds is booming in the recession and consumers are paying the price in higher premiums.