Ethics and Fraud

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

Approval: #623673

Credit Type: 1 Ethics, 2 General

Credit: 3 Hour(s) Language: English

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About
Regulatory

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 .

Name:	State of Washington Commissioner of Insurance
Phone:	360-725-7000
Fax:	360-586-3535
Website URL:	http://www.insurance.wa.gov/
Email Address:	licinfo@oic.wa.gov
Address:	302 14th Avenue S.W. P.O. Box 40258
City:	Olympia
State:	WA
Zip:	98504