GEICO hits nuclear button over insurance policy fraud


GEICO hits nuclear button over insurance fraud

GEICO is redoubling its zero-tolerance plan in course of fraud, by submitting its 2nd federal lawsuit in Arizona versus an vehicle servicing retailer that has been suspected of submitting fraudulent servicing bills.

The insurance provider alleges that the Gain Auto Glass deal with retailer submitted invoices with cast signatures of GEICO’s consumers, for repairs that have been never ever at any time even accomplished. In unique, GEICO alleges that it was billed for repairs joined with Highly developed Driver Assistance Programs – strategies that finished up not even presented on various of the automobiles keeping “repaired.”

In addition to billing for specialist solutions that experienced been not shipped, GEICO’s accommodate alleges that the defendants submitted falsified information from Arizona car dealerships for reimbursement of glass parts that experienced been not purchased.

In accordance to an formal assertion from GEICO, the insurance provider is seeking to get improved damages underneath civil Racketeer Determined and Corrupt Corporations (RICO) Act statutes, as completely as for unjust enrichment and fraud.

GEICO also disclosed in a assertion that it intends to file considerably a lot more lawsuits versus fraudsters in the foreseeable future “to hold on producing just about each and every perform to protect its customers and the general public from fraudulent glass restore operators.”

“GEICO will continue on to go right after people who victimize our prospective customers and endeavor to money from fraudulent techniques,” described GEICO assistant vice-president of statements in Tucson, AZ, Shane Wheeler.

“Insurance fraud charges all insurance plan approach folks in Arizona by producing fees to enhance, and we will hold on to go right after them with zero tolerance.”


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