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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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

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