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Department Of Insurance Investigators Break Up Auto Fraud Ring
Insurance Commissioner Steve Poizner today announced the arrest of two suspects in connection with staging automobile accidents in California and filing insurance claims for medical treatment they falsely claimed to have received in other countries.
"I am committed to fighting fraud wherever we find it - even across the globe," said Insurance Commissioner Steve Poizner. "Thanks to the initiative of our investigators and the help of Homeland Security, it didn't matter that this investigation extended all the way to Sri Lanka."
According to investigators, Ron Ranasingh conspired with other named co-defendants in staging three vehicle accidents that between February 2003 and September 2004. After each accident, Ranasingh and others submitted tens of thousands of dollars in false insurance claims. Agents with the U.S. Department of Homeland Security tracked down addresses listed on fake bills submitted for chiropractor offices in Sri Lanka, New Delhi and Hong Kong to find they weren't chiropractic offices at all.
California Department of Insurance investigators say Ron Ranasingh (also known as Harsh Rana Singe) 38, of Ontario, Canada, was arrested by the U.S. Department of Homeland Security while traveling through Miami from London. CDI requested Homeland Security's assistance in tracking Ranasingh's travels overseas, and in securing his arrest. Ranasingh was extradited to Santa Clara County on February 22, 2007, where he remains in custody. His bail hearing is set for tomorrow, Wednesday, March 7, 2007. Read more at insurance.ca.gov.
98% Of Truck Accidents Result In Death To The Driver Or Passenger Of The Other Vehicle
In the United States, 13% of all traffic deaths are caused by truck accidents. In those accidents, an alarming 98% of the passengers or driver of the vehicle is killed opposed to the people in the truck.
Definition:
The vehicle sustained major damage due to fire. In most states, fire damage titles are issued when the cost of repairing the vehicle for safe operation exceeds its fair market value.
Binder
Definition:
A temporary or preliminary agreement which provides coverage until a policy can be issued/delivered.
Dismantled Title
Definition:
The vehicle sustained major damage to one or more major component parts and the cost of repairing the vehicle for safe operation exceeds its fair market value.
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