Groups fight auto insurance “fraud tax”

Long Island Business News - May 12, 2011

A wide range of groups are calling for the state to fix what they say is a broken no fault automobile insurance system, which they describe as creating a de facto "fraud tax" on businesses. The New York State Business Council, along with chambers of commerce from Long Island, Manhattan, Brooklyn, Queens and Staten Island are pushing for no-fault auto insurance reforms. The coalition fighting for tougher no-fault laws is calling for tougher penalties for insurance fraud, sufficient time to investigate fraud and requiring health care providers to submit claims to arbitrators.

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Our Reform Agenda

  1. Encourages fast and fair dispute settlements
  2. Supports adequate time for fraud investigations
  3. Institutes tougher penalties for insurance fraud
  4. Combats excessive medical charges