Fighting fraud is an important aspect of state regulation . To help fight the growing problem of insurance fraud, the NAIC created a uniform fraud reporting system through which consumers and insurance departments can electronically report suspected fraud to the appropriate insurance department. In fiscal year 2012-2013, California state fraud.
The total cost of insurance fraud (non-health insurance) is estimated to be more than $40 billion per year. That means insurance fraud costs the average U.S. family between $400 and $700 per year.
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Insurance commissioner candidate faced insurance fraud charges. Now Pierce has filed to run for Goodwin’s job as a Republican, saying that the two-term Democrat "put me in jail under false charges for telling the truth." Pierce is the third Republican to join the race. He’ll face Heather Grant, a former U.S.
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Both Agriculture Commissioner Adam Putnam and Chief Financial Officer Jeff Atwater are shoo-ins for reelection on Nov. 4. But that hasn’t stopped either man from major fund-raising efforts: Each.
13 days ago · A Wilmington, Del., woman was indicted by the New castle county grand jury for insurance fraud and other felony charges. Theresa T. Milton was indicted on seven felony counts of insurance fraud.
Late Wednesday, a federal grand jury handed up a superseding indictment against Beck accusing him of five new charges. Former Insurance Commissioner Jim Beck was already facing a tough legal.
· A San Diego dentist was charged Monday with 75 felony insurance fraud counts for allegedly bilking insurance companies of hundreds of thousands of dollars by submitting claims for procedures she.
Insurance fraud occurs most often when an insured individual or entity makes a false or exaggerated insurance claim, seeking compensation for injuries or losses that didn’t occur. Learn about insurance fraud and more at FindLaw’s Criminal Charges section.
Imagine if you could go to an insurance website and understand every word. Or find answers to your questions written in short, clear sentences. Texas Insurance Commissioner Kent Sullivan is working to make that a reality. Learn more about the plain language initiative.
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New Data Shows Insurance Is Becoming Harder to Find as a Result of Wildfires; Marina del Rey dentist arrested for identity theft in life insurance fraud scheme; Department of Insurance wins 20-year court battle against Mercury Insurance as Supreme Court Denies Insurer’s Petition, upholding historic $27.6 million fine