Ontario’s move to establish a new Serious Fraud Office (SFO), which would help crack down on auto insurance fraud, is widely — if cautiously — praised as a step in the right direction by the province’s property and casualty industry.…
Auto insurance fraudsters are the target of a team of new and dedicated prosecutors and investigators announced by the Ontario government Wednesday. The province said it plans to set up in the spring of 2018 what it calls the Serious…
Ontario passed Bill 15, the Fighting Fraud and Reducing Automobile Insurance Rates Act in 2014. That law made changes to both the Repair and Storage Liens Act and Consumer Protection Act.
One in three fraud mitigation professionals who were not using either external data or analytics-based products for fraud detection and mitigation cited lack of budget as a reason why, LexisNexis Risk Solutions suggested in a report released Wednesday. LexisNexis Risk…