PDF:
download |
view
For
Immediate Release
CARCO Group Announces New Web Site Focused
on Deterring Vehicle Insurance Fraud
ST. JAMES, NY, May 13, 2004 — A new informational Web site
geared to the initiatives and ongoing vehicle anti-fraud
programs implemented in various states to deter vehicle
insurance fraud, has been developed by CARCO Group Inc., a
pioneer and leader in vehicle inspection systems.
The new site, presented under the banner “Winning the Battle
Against Vehicle Insurance Fraud,” is located at
www.preinsuranceinspection.org. The site provides a wealth
of information and “tools” related to the nationwide problems of
vehicle crime, in general, and vehicle insurance fraud, in
particular, with information essential to developing a
heightened awareness of the problem and an understanding of the
role of effective deterrents.
For the first time, legislators, law enforcement and insurance
industry professionals, as well as the general public, will get
an inside view of the problem, an accurate and informative view
of the pre-insurance vehicle inspection process, a close look at
how inspection programs work, and how physical inspection deters
a host of frauds that would otherwise force insurance rates up.
According to Phil Crepeau, one of the site’s content experts,
“While a number of Web sites do a commendable job in addressing
a spectrum of insurance fraud issues, none focus exclusively on
the important goal of deterring vehicle insurance fraud, an
economic crime of major proportions that affects the cost of
insurance for virtually every policy owner.” An acknowledged
expert in vehicle-related crime and insurance fraud prevention,
Mr. Crepeau is a retired Lieutenant in NYPD’s Organized Crime
Control, Auto Theft Division.
Based on recent FBI statistics, a motor vehicle theft is
reported approximately every 26 seconds; some of these reports
represent real thefts, but many are fraudulent. There is general
agreement within the law enforcement community and in the
insurance industry that a significant percentage of the reported
thefts - between 15 and 25 percent - are attempts to defraud an
insurer.
From an economic perspective, vehicle-related crime, including
Insurance fraud, continues to be the most costly category of
property crime, representing more than half of the country’s $15
Billion in reported Property Crimes: more than $7 Billion a
year.
CARCO’s new Web site has been created as a robust, user-friendly
environment organized to make the search and retrieval of
helpful information fast and easy, with the presentation of
text, descriptive visuals, and A-V media.. The new site is
equipped to deliver high quality streaming video and interactive
audio-visual presentations that the user can view and, where
applicable, use as a communications tool within their own
organizations and constituencies.
Included in the Main Menu are major content categories
including:
Pre-Insurance Photo Inspection - “Clicking On” this
category leads the user to a variety of descriptive and
authoritative resources related to the broad subject of
Vehicle Insurance Crimes, descriptions of unique fraudulent
“schemes” and “scams” against insurance carriers - hence
against policy owners - and enlightening information about
proven deterrents.
Vehicle Crime Data - Included in this content
database is statistical data that summarizes the impact of
insurance crimes, including fraud, and easy to understand
summary charts.
Media Tools and Resources - A variety of recently
produced, eye-opening video programs that graphically
present the problems associated with vehicle insurance fraud
- and viable solutions - that can be viewed on-line, or
requested in VHS cassettes can be previewed in this section.
Also included are interactive PowerPoint slide shows, the
most comprehensive glossary of terminology related to the
subject, and other informational resources.
Publications and Press Information - Information
related to useful publications that address vehicle
insurance fraud, pre-insurance vehicle inspection and other
relevant issues are included, along with special press and
media information.
URL:
www.preinsuranceinspection.org
Media Contact
Hal Denstman
MediaCom Communications
908/276-8849
Hdenstman@comcast.net
