CAIF News

Stakeholders Examine Insurance Fraud Issues During Federal Hearing

A recent federal hearing on insurance fraud exploring the necessity of a federal fraud fighting program, highlighted how stakeholders work to address and fight the multi-billion dollar industry. The Subcommittee on Consumer Protection, Product Safety, Insurance, and Data Security, held …

Risky Business: Catching Commercial Use Fraud Before it Hits Your Books

One definitive method can show misrepresented commercial use well before a claim ever arises. Pulling the wool over the insurance company’s eyes seems like a victimless crime. After all, if a few dollars are saved by saying a car is …

New Law in Minnesota Adds More Anti-Fraud Measures

Minnesota has added new powers to lodge civil actions against insurance fraudsters and kick swindlers out of the insurance system, the Coalition Against Insurance Fraud announced. The strong anti-fraud measures became law when Gov. Mark Dayton signed a larger omnibus …

New Jersey Law Adds Penalties for Falsely Registering Vehicles in Other States

New Jersey drivers who lie that they garage and drive their vehicles in other states to save on auto premiums now could face insurance fraud charges, announced the Coalition Against Insurance Fraud. Gov. Chris Christie signed a bill last week …

New Jersey Bill Making it a Crime to Falsely Register Cars in Other States Heads to Governor

New Jersey drivers who lie about where they garage and drive their vehicles to illicitly lower their auto premiums are a big step closer to facing stiff new penalties for being caught, according to the Coalition Against Insurance Fraud. A …

Worst Insurance Fraud Scams of 2014

A driver rockets his $1-million Bugatti into a salty lagoon … Two kids perish in a home insurance arson their own mother set … A cancer doctor pumps healthy patients with toxic chemotherapy in a $125-million insurance plot. These masters …

Prosecutor of the Year Award Goes to Colorado Duo who Cracked Fraud Scam

A serial insurance thief faked injuries from minor crashes she set up to steal more than $275,000 worth of insurance money until two Colorado state prosecutors derailed her nearly 20-year crime spree with a fraud conviction. Their hard-fought jury conviction, …

Lousiana Legislation Deflates Airbag Cons

Louisiana is deflating life-threatening airbag scams with a newly passed bill, announced the Coalition Against Insurance Fraud. The Louisiana bill was passed earlier this month. The measure makes it a specific crime to market or install counterfeit airbags. Crooked body …