State Insurance Fraud Bureaus: A Progress Report, 2001-2006

Wednesday, March 28th, 2007 Fraud

Budgets for state insurance fraud bureaus increased more than $15 million from 2004 to 2006, allowing these agencies to add more than 280 new investigators, analysts and lawyers to tackle schemers. Has the increased firepower translated into better fraud-fighting results? The answer seems to be yes and no. Key measurements of success — criminal convictions, cases opened, referrals received, cases presented for prosecution and restitution ordered — all increased in 2005, but some appear to have plateaued in recent years.

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http://www.insurancefraud.org/FraudBureauReport06.html

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