New York State Senator Lee Zeldin (R), District Attorney Thomas Spota, and Assemblyman Dean Murray will join Thomas Lohmann of National Insurance Crime Bureau and members of New Yorkers Stand Against Insurance Fraud (NYSAIF) in calling for passage of the “Fraud Tax Bill”
New York Senator Marty Golden (R-Bay Ridge) and members of New Yorkers Stand Against Insurance Fraud (NYSAIF) today called for passage of the “Fraud Tax Bill” to increase penalties for organized criminals driving up automobile insurance costs.
Auto insurance fraud has cost New York drivers almost $1 billion in higher premiums over the past five years alone – New Yorkers pay 53% more for car insurance than the national average – and each year it gets worse. It’s why every New York City District Attorney supports “The Fraud Tax Bill” in Albany. So why hasn’t the Legislature passed it? Hint: Ask the trial lawyers.