Ethics and Fraud

Gain a baseline understanding of how fraud works for various types of insurance, concerns about consumer attitudes, and more.

Includes: Certificate of Completion

Approval: #289910

Credit Type: Property and Casualty

Credit: 3 Hour(s) | Language: English

About this Course

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 .

Regulatory Information

Name:California Department of Insurance
Phone:916-492-3500
Fax:916-445-5280
Website URL:https://www.insurance.ca.gov/
Email Address:license.bureau@insurance.ca.gov
Address:300 Capitol Mall, Ste.1700
City:Sacramento
State:CA
Zip:95814

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