Insurance News

Are you “insurance fraud aware”? Test your knowledge about a crime that affects everyone’s wallet! Choose the best answer to each question. Answers are provided at the end. Section 1: The Basics What is the simplest definition of insurance fraud? Someone forgetting to pay their insurance premium. Someone lying or cheating to get money or benefits from an insurance company

You know the traditional insurance scams: the staged auto accident, the slightly exaggerated damage claim, or the “slip-and-fall” at a business. These schemes still exist, but in 2025 the landscape of fraud is changing rapidly, driven by advanced technology and our increasingly digital lives. The scams are growing bigger, getting smarter, more convincing, and harder to detect. And this isn’t

Insurance fraudsters are crafty. They will try to scam you when you least expect it and they can be very convincing. If you stay aware, you can spot their tricks and avoid them. Keep the following in mind if you’re contacted by an unsolicited insurance salesperson or have to file an insurance claim. When buying insurance When filing a claim

Insurance fraud affects everyone. It’s a silent thief that takes a toll on businesses of all sizes, impacts our loved ones, and directly depletes your own finances. How does insurance fraud impact you? The impact of insurance fraud is staggering, with its costs ultimately passed down to legitimate policyholders and consumers. When dishonest individuals or organized rings submit fake or

If you suspect insurance fraud, here’s what to do: You can report insurance fraud in a number of ways:

On September 19, 2025, Utah’s Third District Court issued an order placing Casualty Underwriters Insurance Company (CUIC) into liquidation. The liquidation order appoints the Utah Insurance Commissioner as the company’s liquidator, and authorizes the Commissioner to: Information about the liquidation is available at https://www.utinsreceivers.org/CUIC.htm. Affected parties with questions should contact their insurance agent for more information. Notices for Affected Parties

Beware of fake insurance policies being sold via social media and word-of-mouth The Utah Insurance Department’s Fraud Division continues to see fake auto insurance policies being marketed to the Hispanic community using WhatsApp and by fake agents via word of mouth. “Unknown sellers, who we believe to be located outside of the United States, continue to market fake insurance policies

The Insurance Fraud Division has been recognized for excellence in policy management and training in 2024 by Lexipol, the leading provider of solutions that empower performance excellence in public safety. The Lexipol Connect program tracks the Utah Insurance Fraud Division performance on five metrics proven to measure success in policy management. The Insurance Fraud Division achieved Gold, the highest level

The Utah Insurance Department has proposed changing the State’s essential health benefit plan for the 2027 plan year. This plan will apply only to the individual and small employer comprehensive health insurance market. All changes to Utah’s benchmark plan will require approval by the Centers of Medicare and Medicaid services (CMS). The Department posted all proposed changes to the benchmark

The Department strives to ensure that Utah has an adequate and healthy insurance market. The purpose of this report is to provide an annual evaluation of Utah’s commercial health insurance market as required by Utah Code § 31A-2-201.2. […]