Interboro is yet another insurance carrier which has been ruined by New York’s legal crime spree: no-fault fraud. Many millions of dollars were drained out of Interboro’s coffers by the no-fault fraud industry, which operates with a wink from the New York State Legislature and the courts, which play along with the fiction that most no-fault claims are legitimate until proven otherwise. I wonder how many more insurance companies will be financially ruined before something meaningful is done to remedy this crime spree.
I concur with Mr. Rogaks comment, companies like Interbor have no chance, without a realistic attack on fraud in New York State.
Call me an optimist but I expect Interboro to climb out of this as a success story, and not a casualty. This comapany has always been well run and attentive to the needs of its customers,
the insureds. Interboro is committed to the New York Metro area and has served this community well for a number of years.
The information presented in your article is old news, furthermore Interboro has never written general liability or workers compenstation for as long as I can remember, and we have represented them since 1985. I can only imagine what else is inaccurate in your article.
Interboro is a totally mismanaged company that is throwing away money left and right to settle cases that should rightfully be defended. I know first hand that there is no hope for this useless company.
This company is getting on my nerves. Recently a driver insured under them hit my parked car (and several other for that matter)and left the scene of the accident. There was a witness who got the plate number and after a quick investigation I had the address and the phone number of the person involved. They contacted the company admiting guilt and yet they are refusing to pay for my damages. Now I am forced to take this case to courts and in the end I know I will receive my money and they will have to spend attorney’s and court fees. Sounds dumb to me.
I think Mr. Rogak, as an Insurance Defense attorney is a little biased when it comes to discussing fraud issues. The burden of proof shifts to the Defendant when the case is denied based on such. We have yet to face an adversary in court who could do so.
Insurance companies pocket millions of OUR dollars for the policies they write and then deny OUR claims based on fraud or lack of medical necessity. And medical necessity is determined by a group of peer reviewers who never see our faces, never hear our complaints and simply decide based on the ini miny miny mo system which cases are to be paid and which are to be denied. And let me tell you something, more then 90% of claims are denied by these faceless doctors, who instead of a signature, have a rubber stamp of their names or “DIDCTATED BUT NOT READ” on the bottom of their reports.
So Mr. Rogak don’t talk to me about fraud, there is no bigger fraud then the insurance companies themselves. I have worked in the field of no-fault litigation for one year to many and have had a pleasure to experience the bureaucracy myself. You can tell yourself anything you want and maybe one of these days you will actually believe your own stories, but this girl doesn’t buy it.
(glad to hear that you are getting more work since your sudden departure from Kemper)
They are the worst . Filed a claim On 5/6/2006 . For my truck That was hit By there insured .The do not call back . I have sent every thing they asked for . Faxed them and in mail .
My auto body Also has called them .:(
20 calls No one calls back . Faxed over 5 letters . There ajuster Saw the truck .
NOW THIS HAVE TO LOVE IT (((
Today I get a letter Saying there closeing case . As they have not herd from us. As my truck rust away .I\’m so stressed over this . They have got to be kidding .
So off to my lawyers Tomorrow .
Its over a month . Unreal
I also Filed a claim with the new york Board On them the other day .
Just found this On internent .
Interboro Mutual Indemnity Insurance Company, based in Mineola, New York, was fined $15,350. A market conduct investigation revealed that for certain automobile insurance claims handled between January 1997 and August 1997, the company did not pay or deny claims in a timely manner and did not properly calculate interest due on overdue benefits. Interboro Mutual Indemnity also failed to notify claimants of reimbursement rights for transportation expenses. The company is the 57th largest auto insurer in New York
after about 9 years with this auto insurance policy, i messed up and paid late. They won;t re-instate my policy. Despite sending a check for the entire annual premium, being almost 50 years old and havinga clean driving record with no claims. go figure. I am being told their policy is that when you are cut for non-payment they will no longer insure you.
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Interboro is yet another insurance carrier which has been ruined by New York’s legal crime spree: no-fault fraud. Many millions of dollars were drained out of Interboro’s coffers by the no-fault fraud industry, which operates with a wink from the New York State Legislature and the courts, which play along with the fiction that most no-fault claims are legitimate until proven otherwise. I wonder how many more insurance companies will be financially ruined before something meaningful is done to remedy this crime spree.
I concur with Mr. Rogaks comment, companies like Interbor have no chance, without a realistic attack on fraud in New York State.
Call me an optimist but I expect Interboro to climb out of this as a success story, and not a casualty. This comapany has always been well run and attentive to the needs of its customers,
the insureds. Interboro is committed to the New York Metro area and has served this community well for a number of years.
The information presented in your article is old news, furthermore Interboro has never written general liability or workers compenstation for as long as I can remember, and we have represented them since 1985. I can only imagine what else is inaccurate in your article.
Sincerely,
F. Michael Conte
Interboro is a totally mismanaged company that is throwing away money left and right to settle cases that should rightfully be defended. I know first hand that there is no hope for this useless company.
This company is getting on my nerves. Recently a driver insured under them hit my parked car (and several other for that matter)and left the scene of the accident. There was a witness who got the plate number and after a quick investigation I had the address and the phone number of the person involved. They contacted the company admiting guilt and yet they are refusing to pay for my damages. Now I am forced to take this case to courts and in the end I know I will receive my money and they will have to spend attorney’s and court fees. Sounds dumb to me.
I think Mr. Rogak, as an Insurance Defense attorney is a little biased when it comes to discussing fraud issues. The burden of proof shifts to the Defendant when the case is denied based on such. We have yet to face an adversary in court who could do so.
Insurance companies pocket millions of OUR dollars for the policies they write and then deny OUR claims based on fraud or lack of medical necessity. And medical necessity is determined by a group of peer reviewers who never see our faces, never hear our complaints and simply decide based on the ini miny miny mo system which cases are to be paid and which are to be denied. And let me tell you something, more then 90% of claims are denied by these faceless doctors, who instead of a signature, have a rubber stamp of their names or “DIDCTATED BUT NOT READ” on the bottom of their reports.
So Mr. Rogak don’t talk to me about fraud, there is no bigger fraud then the insurance companies themselves. I have worked in the field of no-fault litigation for one year to many and have had a pleasure to experience the bureaucracy myself. You can tell yourself anything you want and maybe one of these days you will actually believe your own stories, but this girl doesn’t buy it.
(glad to hear that you are getting more work since your sudden departure from Kemper)
They are the worst . Filed a claim On 5/6/2006 . For my truck That was hit By there insured .The do not call back . I have sent every thing they asked for . Faxed them and in mail .
My auto body Also has called them .:(
20 calls No one calls back . Faxed over 5 letters . There ajuster Saw the truck .
NOW THIS HAVE TO LOVE IT (((
Today I get a letter Saying there closeing case . As they have not herd from us. As my truck rust away .I\’m so stressed over this . They have got to be kidding .
So off to my lawyers Tomorrow .
Its over a month . Unreal
I also Filed a claim with the new york Board On them the other day .
Just found this On internent .
Interboro Mutual Indemnity Insurance Company, based in Mineola, New York, was fined $15,350. A market conduct investigation revealed that for certain automobile insurance claims handled between January 1997 and August 1997, the company did not pay or deny claims in a timely manner and did not properly calculate interest due on overdue benefits. Interboro Mutual Indemnity also failed to notify claimants of reimbursement rights for transportation expenses. The company is the 57th largest auto insurer in New York
after about 9 years with this auto insurance policy, i messed up and paid late. They won;t re-instate my policy. Despite sending a check for the entire annual premium, being almost 50 years old and havinga clean driving record with no claims. go figure. I am being told their policy is that when you are cut for non-payment they will no longer insure you.
Interboro is no longer under the control of the insurance department. They are now out of rehab. Is this a first?