

According to the Washington, DC-based Coalition / Against Insurance Fraud (CAIF) for the insurance industry, and for the public as well, insurance fraud costs $85 billion per year. With such substantial damage, it is no wonder that the industry is making significant efforts to battle this cancer. The industry has decided that increasing public awareness of fraud is its main course of action. The coalition strongly believes that public attitudes are crucial to curtailing fraud. There are no easy solutions to the problems of insurance fraud. Consumers, legislators, regulators, and insurers must work together over the long term to create an environment that either prevents insurance fraud or detects it easily when it occurs. The first step in this process is creating a baseline understanding of the problem and potential solutions .
| Ethics/consumer protection: 2.0 Credit(s) |
| Ethics: 2.0 Credit(s) |
| Ethics: 2.0 Credit(s) |
| Ethics: 2.0 Credit(s) |
| Ethics: 2.0 Credit(s) |
| Ethics: 2.0 Credit(s) |
Upon completion of the course, the student will be able to:
- Know and understand Ethics and Fraud Definit
- Know and identify Insurance Fraud Facts.
- Understand how Insurance Fraud is The Hidden Tax.
- Know and understand Concerns About Consumer Attitudes.
- Know and identify Indicators of Application, Property, Casualty, Catastrophe, Rental and Vehicle Theft Fraud.
- Understand how Staged Collisions - Fraud on the Road - work.
- Understand Bodily Injury Insurance Fraud.
- Know and identify Indicators of Workers' Compensation and Workers' Compensation Premium Fraud.
- Know and provide Consumer Tips.
Congratulations! You have successfully completed your continuing education course. 360training or a 3rd party affiliate of 360training will report your credit hours to the Department of Insurance within 15 days. You may also now print your completion certificate online. Keep in mind that certificates of completion must be kept on file for at least 4 years.
This course is written and published by Pohs Institute- Westbury, New York.
Pohs Institute, one of the oldest insurance schools in New York State, was founded in 1921 by Herbert Pohs. Pohs Institute is one of the largest providers of insurance education in New York State, as well as an approved provider in New Jersey, Pennsylvania, Connecticut, Massachusetts, New Hampshire, Maine and Rhode Island. More than 250,000 men and women, eager to pursue a career in the insurance industry have enrolled in Pohs Institute schools. Pohs Institute provides insurance instruction to large insurance companies and brokerages, as well as banks and financial institutions. The instructors are professional adjunct teachers from the insurance industry with an average of 10 or more years of industry experience.
Subject Matter Experts:
Miriam A. Boggio, Esq.
President, Boggio Consulting Services
Former Deputy Superintendent
New York State Insurance Department
This course covers the following topics: Lesson 1: Introduction Lesson 2: Application Fraud Lesson 3: Indicators of Property Fraud Lesson 4: Indicators of Catastrophe Fraud Lesson 5: Indicators of Rental Fraud Lesson 6: Indicators of Casualty Fraud Lesson 7: Indicators of Vehicle Theft Fraud Lesson 8: Workers Compensation Fraud Lesson 9: Insurance Research Council Lesson 10: Coalition against Insurance Fraud - Consumer Tips
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You will not be required to pass the quizzes to move on to the next lesson.
You will be required to pass the final exam with a 70% in order to receive course credit.