Teanna Young, a Driver in the Project Platinum Staged Accident Investigation, sentenced to 6 month Conditional Sentence

Project Platinum investigation targeted corrupt tow truck operators and their various extensions into the car repair, rental and physiotherapy service providers. On March 20, 2020, Filippo Genova, who was a principal target of Project Platinum, was heard on the...

Information about address fraud and how it impacts car insurance rates

Canada’s housing market is on a rise with  large numbers  of people having moved in the past year or planning a move. With relocation comes a lot of address updating. It’s important not to forget about updating your address with your insurance...

IBC Transfers Investigative Services to an Anti-insurance Fraud Group – Équité

The insurance Bureau of Canada(IBC) board of directors approved the relocation of its Investigative Services (IS) division to the Équité Association. Équité is an anti-insurance fraud not-for-profit group that was established in February. Équité combines the...

Some registered massage therapists in unregulated provinces offering sex for sale and insurance receipts

A CBC investigation in Montreal, Saskatoon, Winnipeg and Calgary has found that some massage therapists who are members of professional associations are offering sex for sale.

CBRM tow truck bylaw on hold over fraud concerns

Insurance and towing industry officials are raising the spectre of fraud and corruption — and higher insurance premiums for consumers — while weighing in on opposite sides of a proposed tow truck bylaw in Cape Breton Regional Municipality.

IBC praises Ontario’s passage of MOMS Act

The Insurance Bureau of Canada (IBC) has lauded the Ontario government for the passage of new legislation that addresses road safety and auto insurance fraud issues in the province.

How IBC proposes fighting insurance fraud in the trucking sector

Provincial governments should implement a database to verify the validity of a trucking carrier’s insurance as one way of helping to identify fraud in the sector, Insurance Bureau of Canada (IBC) is recommending.

Insurance fraud a growing issue in Canada

In March, Auditor General Karen Hogan said the federal government missed chances to flag fraudulent claims for emergency benefits last year, potentially paying large sums of money to insolvent companies. Canada now faces a costly—and likely long-lasting—effort to recoup the $97.6-billion Canada Emergency Wage Subsidy and the $74-billion Canada Emergency Response Benefit that was doled out last year.

Judge sounds off on tow truck turf wars and insurance fraud

“The fake car accident industry is now sufficiently lucrative that competition among corrupt car towing organizations has led to internecine violence,” Rose wrote in his ruling this week. “Tow trucks are set fire to. Shots are fired. The highways in the GTA are dangerous enough without having this added element.”

Ontario judge urges legislature to deal with insurance fraud

An Ontario judge has taken the rare approach in a sentencing decision to urge the provincial government to take steps to prevent future instances of insurance fraud.

Insurance Fraud

Teanna Young, a Driver in the Project Platinum Staged Accident Investigation, sentenced to 6 month Conditional Sentence

Teanna Young, a Driver in the Project Platinum Staged Accident Investigation, sentenced to 6 month Conditional Sentence

Project Platinum investigation targeted corrupt tow truck operators and their various extensions into the car repair, rental and physiotherapy service providers. On March 20, 2020, Filippo Genova, who was a principal target of Project Platinum, was heard on the...

read more
Insurance fraud a growing issue in Canada

Insurance fraud a growing issue in Canada

In March, Auditor General Karen Hogan said the federal government missed chances to flag fraudulent claims for emergency benefits last year, potentially paying large sums of money to insolvent companies. Canada now faces a costly—and likely long-lasting—effort to recoup the $97.6-billion Canada Emergency Wage Subsidy and the $74-billion Canada Emergency Response Benefit that was doled out last year.

read more