$99.9 Million
The amount California Gov. Arnold Schwarzenegger believes the state could raise for the General Fund if it eliminates current sentencing options for specified crimes that may be treated either as felonies or misdemeanors, making them punishable by a jail term rather than state prison. The proposal was made in his 2009-10 May Revision General Fund Proposals. However, the Coalition Against Insurance Fraud, National Insurance Crime Bureau, National Health Care Anti-Fraud Association, the International Association of Special Investigation Units and Insurance Commissioner Steve Poizner warned Sacramento policymakers that the proposal would have the unintended consequence of severely eroding the state’s efforts to fight insurance fraud and convict criminals.
Was this article valuable?
Here are more articles you may enjoy.
The $10 Trillion Fight: Modeling a US-China War Over Taiwan 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Fingerprints, Background Checks for Florida Insurance Execs, Directors, Stockholders? 
Trump’s EPA Rollbacks Will Reverberate for ‘Decades’ From This Issue
