Insurance 101 – Chapter 16 Volume 76 – California’s Insurance Fraud Prevention Act

California’s Insurance Fraud Prevention Act

Of the $27 billion to $200 billion taken by insurance fraud perpetrators working in the U.S., $7 billion or more is taken from insurers in the state of California. It is perhaps for that reason that California often takes the lead in fighting insurance fraud. The NAIC and Coalition Against Insurance Fraud models have been expanded to create the California Insurance Fraud Prevention Act (IFPA) which became law on January 2, 1990.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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