American Trade Association Informative - Warning to the Public on Fake Insurance
Last night on the CBS News, they had a segment about American Trade Association (ATA) and their phony insurance. They are under investigation in 22 states, and have received Cease and Desist orders in 7 states, including Washington state. According to the information on CBS News, ATA has bilked many people out of money for claimed insurance premiums, and has not paid claims. The company told CBS News that they have paid every claim submitted, and are working with insurance regulators. Just a heads up to our friends in M3C. CBS states that insurance frauds are on the rise, due to the economy, and ATA is one of the very worst.