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Fraud Adds Up to 17% to Auto Insurance Injury Claims

Wednesday, April 22, 2015

A new study estimates that fraud and claim “build-up” add between $5.6 billion and $7.7 billion in excess payments to auto injury claims paid in the United States.

The excess payments represented between 13 percent and 17 percent of total payments under the five main private passenger auto injury coverages, according to the study from the Insurance Research Council (IRC) of 2012 claims data.

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