Date
8 October 2015
The Agency has discovered that some housing co-operatives victimized by fraud are unable to collect on their insurance because they miss the deadline for reporting their loss. Others don't try to make a claim out of the mistaken belief that a claim won't succeed without a criminal conviction.
Our advice to any co-operative that suspects fraud is to report the matter to the police at once. Follow that right away with a call to your insurance company. Your insurer will let you know what you need to do to from there.