Nevada’s Senate Commerce and Labor Committee approved legislation designed to discourage insurance fraud rings. One of the goals of AB 135 is to make it easier for insurance companies to get money back from fraudulent claims. The legislation would also form a fraud control unit with subpoena powers in the attorney general’s office, which would have primary jurisdiction to prosecute fraud cases. Howard Goldblatt from the Washington, D.C.-based Coalition Against Insurance Fraud informed the committee that he is in favor of the bill due to the fact that insurance fraud rings are moving to the Silver State from other western areas to ply their trade. Goldblatt also endorsed a measure which would form a sliding scale, going from $50 to $2,000, which insurers would use to help pay for fraud investigations.
Topics Fraud
Was this article valuable?
Here are more articles you may enjoy.
AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers 
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup 
Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says 
Former Broker, Co-Defendant Sentenced to 20 Years in Fraudulent ACA Sign-Ups From This Issue
