|1.||swoop and squat|
Such an operation typically involves two cars driven by suspects who box in a victim’s car on a freeway, causing a collision. The scam participants then file fraudulent insurance claims for alleged injuries.
The Insurance Commissioner on Wednesday announced the arrest of the suspected ringleader of a major operation that has allegedly staged more than 60 swoop and squats over the past 18 months, bilking insurers and consumers out of $2 million to $3 million.
|2.||Swoop and Squat|
When someone tries to steal someone else's girlfriend/boyfriend. Its called a swoop and squat and it can cost your insurance company thousands of dollars in damages.
"Dude Zain, she already has a boyfriend"
"Thats why, I'm going to swoop and squat"