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New York Arrests 16 in Crackdown on Staged Insurance Crashes
Source: Bloomberg
Legal & LitigationRegulation & Legislation
New York state investigators arrested 16 people accused of staging car crashes and faking injuries to collect nearly $500,000 from insurers. The arrests are among the first major enforcement actions since Governor Kathy Hochul made auto insurance fraud a focus of her effort to lower costs for drivers.
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