Monday, June 30, 2014

Boating Season: Boat theft!



Don't help boat thieves steal your boat! Always lock your boat and take the keys with you, according to the Insurance Information Institute. Boat theft is big business says Robert Bryant, Institute for Business and Home Safety. Thousands of boats are stolen every year and half of them are recovered. Marine police says that leaving keys in the boat is the biggest mistake boat owners make. So if you like your boat, and most boat owners do, lock it and take your keys with you.

Friday, June 27, 2014

Phantom Collisions Result in Multiple Arrests in Auto Insurance Fraud



Joel Paredes Saldana, 22, owner of Lightning Auto Body in Riverside County, was arrested Wednesday as Department of Insurance detectives and multiple allied agencies swept up at least 20 co-conspirators associated with an organized insurance fraud crime ring. Those arrested will face multiple felony charges that include grand theft, knowingly filing a fraudulent insurance claim, and conspiracy.

"This orchestrated phantom collision ring contributes to the multi-billion dollar drain on California's economy due to insurance fraud," said Commissioner Jones. "This is not a victimless crime. The cost of insurance fraud is borne by consumers who pay for it through higher premiums. Southern California is the auto fraud capitol of the nation. Our detectives and law enforcement partners are dedicated to shutting down these scams and arresting those participating in these complex crime rings."

Investigators from the Department of Insurance initially received information about the crime ring in 2013, when insurers recognized a pattern to Saldana's and his co-conspirators' insurance claims. Investigators allege that Saldana recruited friends and family members to pose as insurance consumers and, for a $500 bounty, file claims for collisions that were either staged or didn't occur at all. As the ringleader, Saldana allegedly engineered an elaborate crime ring that staged up to 16 false insurance claims to receive a payout of over $314,000 from seven different insurance companies.

On June 25, 2014, following the department's investigation, a multiagency enforcement sweep found and arrested Saldana and various co-conspirators on multiple charges, including felony insurance fraud.

Tuesday, June 24, 2014

Bill Presumes Employer Guilt for Workplace Safety Violations



(June 12, 2014) CalChamber Policy Advocate Marti Fisher urges opposition to AB 1634 (Skinner; D-Berkeley), which increases state and administrative costs for handling workplace safety citation appeals. The bill proposes a costly double-appeal process that presumes guilt for employers and undermines due process with regards to citations for workplace safety violations, and is unnecessary in light of recently adopted regulations for an expedited appeals process for these situations.

Saturday, June 21, 2014

Tax Deductible Losses



If your house or other expensive property was damaged by a fire or a flood or other sudden unexpected disaster, some of your losses could be deducted on your taxes. This video is from the Insurance Information Institute. For more information about insurance, go to the I.I.I. Web site at http://www.iii.org

Wednesday, June 18, 2014

The i's on Insurance: Your Homeowners Coverage



The Insurance Information Institute http://www.iii.org is all about helping consumers understand 'what insurance is and how it works.' If you're a homeowner, or are considering buying a home, you'll want to know the basics of homeowners insurance. "The I's on Insurance: Your Homeowners Coverage" explains what most policies cover (and don't cover). Watch and learn about liability, additional living expenses and other coverages in your insurance policy. And discover that protecting your family's home and belongings with a policy that balances your needs and budget doesn't have to be a chore.

See Insurance Through the I's: Subscribe to our YouTube channel: iiivideo for future "The I's on Insurance" features and other videos about how to be safe, sure, and covered for the unexpected. You can also follow us on Twitter @iiiorg to stay plugged in to the latest information and news about your home, auto, and business insurance.

Thursday, June 12, 2014

How To Avoid Liability for Your Employees' Bad Driving



Do your employees drive company or personal vehicles on the job?
If so you could be held liable for their actions behind the wheel.

Monday, June 9, 2014

The i's on Insurance: The Claim Game: Auto



Filing an auto insurance claim is never fun. But with these simple steps from the Insurance Information Institute (http://www.iii.org), you can save yourself a lot of time and trouble.

"The I's on Insurance: The Claim Game, Auto" will put you on the road to a satisfactory claim filing experience, giving you the basics on what you should know, what your policy covers and the most important information to record when you're in an accident.




"The Claim Game" will help you to get the most value from your auto insurance policy. And be sure to tune in to the other videos in "The I's on Insurance" series for helpful knowledge for drivers, homeowners/renters, and small business owners.

See Insurance Through the I's: Subscribe to our YouTube channel: iiivideo for more videos about how to be safe, secure and covered for the unexpected. You can also follow us on Twitter @iiiorg to stay plugged in to the latest information and news about your home, auto and business insurance.

Friday, June 6, 2014

The i's on Insurance: The Claim Game: Homeowners



The I's on Insurance: The Claim Game, Homeowners," from the Insurance Information Institute (http://www.iii.org), opens the door to a whole new understanding of the claim-filing process. From understanding your policy documents to which records you should to keep to working with your Insurance Professionals, this short video is a helpful introduction that will take some of the stress out of filing a claim in the event that your house is damaged or burglarized.

As a homeowner, you know to expect the unexpected to happen. And when it does, knowing what to do when you file a homeowners insurance claim will help you get the best value from your coverage.

See Insurance Through the I's: Subscribe to our YouTube channel: iiivideo for more videos about how to be safe, secure and covered for the unexpected. You can also follow us on Twitter @iiiorg to stay plugged in to the latest information and news about your home, auto and business insurance.

Tuesday, June 3, 2014

Dog Bite Prevention Week, ABC World News Tonight



The Insurance Information Institute (http://www.iii.org) and State Farm's statistics on dog bite claims were featured on ABC World News Tonight.