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Insurance fraud is on the rise. Stay protected, drive smart, and make sure you've got the evidence on your side with the right dash cam for your needs.
A Queens, New York, woman alleged that a road collision on Wednesday, Oct. 16, involving her car and another vehicle captured on dash cam video was staged as part of an insurance scam.
Car insurance fraud is an increasingly common problem that could be reduced by dash cam use. If someone tries to involve you in a staged accident to receive a fraudulent claims payout, the result ...
The incident was caught on camera through the woman's dashcam, later going viral on TikTok and bringing attention to rising numbers of similar cases in the tri-state area. [5] One of the passengers, a 28 year old Brooklyn resident, was later apprehended and charged with insurance fraud.
Insurance Fraud Spurs Growth in Dashboard Camera Market – Future Market Insights, Inc. NEWARK, Del, Oct. 15, 2024 (GLOBE NEWSWIRE) -- The global dashboard camera market is projected to reach USD 18,369.5 million by 2034, with an estimated value of USD 3,364.5 million in 2024.
Insurance fraud has existed since the beginning of insurance as a commercial enterprise. [4]Long before the rise of the modern insurance industry, an epigram by the Roman poet Martial, set in the Roman Empire during the first century AD, illustrates how crimes such as arson might be motivated by profit: [5]
The National Insurance Crime Bureau (NICB) is a U.S. insurance industry trade association focused on preventing, detecting and defeating insurance fraud and vehicle theft through information analysis, investigations, training, legislative advocacy and public awareness. [2] NICB's headquarters are in Oak Brook, Illinois.
How much jail time can you get for insurance fraud? The amount of jail time depends on the severity of the fraud. For a misdemeanor fraud, you could get up to a $15,000 fine and a maximum five ...