In 2015, auto insurance fraud cost Ontario consumers an estimated $1.3 billion – 13% of total auto insurance premiums. This considerable cost suggests that thousands of people are committing this type of crime. How do the perpetrators commit fraud? Exaggerating…
Read more →IBC is shining a spotlight on the huge problem of insurance fraud. This year’s theme to consumers is “Don’t Be Scammed.” The insurance industry joins forces with Financial Services Commission of Ontario, Toronto Police Services and other organizations all involved…
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