Insurance News

The Coalition Against Insurance Fraud is an organization that brings together consumers, insurers, government agencies, legislators, prosecutors, and other partners to fight insurance fraud in America.

Insurance fraud is a crime!$308.6 billion is lost to insurance fraud each year! It’s a crime we all pay for!Insurance fraud costs consumers approximately $900 a year in additional premiums! Report insurance fraud!If you believe someone’s committing insurance fraud REPORT IT! What is Insurance Fraud?

Whereas, insurance fraud poses a threat to the financial well-being of the hard-working citizens of the state of Utah; Whereas, fraudulent activities affect approximately 30% of Utah policyholders’ insurance premiums and are estimated to cost American businesses and consumers $308.6 billion annually; Whereas, insurance fraud manifests in various forms including arson, fictitious thefts, staged accidents, fictitious injuries, premium fraud, organized

The Utah Insurance Department warns consumers of unlicensed companies and individuals that offer coverage for packages that are damaged in shipping or stolen from porches. Some companies will use technicalities and fine print to avoid paying consumers. Others may not have the necessary cash on hand to pay claims. […]