TORONTO, Feb. 17, 2012 /CNW/ - Insurance Bureau of Canada congratulates Niagara Regional Police, Toronto Police Service, and OPP on news this week of an auto-fraud bust called "Project Enterprise."
Rick Dubin, IBC's Vice President of Investigative Services says, "The police continue to do great work to strike down these criminal networks. Police will be working with IBC to identify insurers that have policies in place on these cars not knowing that the vehicles may well be stolen and or unsafe to be on the road. IBC will be working with law enforcement and insurers to locate and identify these vehicles to ensure the safety of the public."
IBC's Investigative Services works with insurers and law enforcement to bring to justice the criminals who defraud the system and threaten the safety of innocent drivers. Everyone has a responsibility to fight fraud: insurance companies, the government and individual consumers.
To help catch fraudsters, IBC encourages people with any information about insurance crime to call our anonymous TIPS line (1-877-IBC TIPS).
About Insurance Bureau of Canada
Insurance Bureau of Canada is the national industry association representing Canada's private home, car and business insurers. Its member companies represent 90% of the property and casualty (P&C) insurance market in Canada. The P&C insurance industry employs over 114,000 Canadians, pays more than $7 billion in taxes to the federal, provincial and municipal governments, and has a total premium base of $40 billion.
To view media releases and information, visit the media section of IBC's website at www.ibc.ca.
For further information:
Steve Kee, Director, Media Relations, Insurance Bureau of Canada, 416-362-2031 X-4387, [email protected]