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: #44839

Credit Type: Ethics

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:Colorado Department of Regulatory Agencies Division of Insurance
Phone:303-894-7499
Fax:303-894-7455
Website URL:https://www.colorado.gov/dora
Email Address:insurance@dora.state.co.us
Address:1560 Broadway, Ste.850
City:Denver
State:CO
Zip:80202

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