Police: Staged accidents costing N.Y. drivers

Law enforcement officials say criminals who stage auto accidents to defraud insurance companies are driving up the cost of the premiums paid by all drivers.

Officials say New York drivers are paying some $200 million more per year, thanks to the organized crime rings that fake crashes.

Activists say that under New York's "no fault" laws, insurance companies must pay personal injury claims up to $50,000 within 30 days, leaving little time to investigate fraud.

New legislation sponsored by Westchester lawmakers would give insurance companies more time to probe fraudulent claims.

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