A Louisiana anti-fraud law will serve as the new national model for fighting insurance fraud.
The National Council of Insurance Legislators (NCOIL) has adopted Louisiana‘s amended insurance fraud law as its new national benchmark, the Louisiana Department of Insurance said.
Sponsored by Rep. Gabe Firment, the new NCOIL amendment intends to close loopholes and gives states stronger tools to hold scammers accountable by giving prosecutors and law enforcement agencies more flexibility in how to utilize their resources.
The NCOIL Insurance Fraud Model Act is based on Louisiana bills authored by Sen. Adam Bass and Rep. Jacob Braud.
“I was proud to sponsor this important amendment at NCOIL,” said Rep. Firment. “This amendment gives states a stronger, clearer tool to hold bad actors accountable, especially those who prey on homeowners after storms. It’s time to stop the scammers who are preventing premium relief for hardworking families.”
Was this article valuable?
Here are more articles you may enjoy.
USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US
Londoners Find ‘Horrendous’ Cracks in Their Homes After Successive Heat Waves
Glacier Collapse Behind Nepal Flood Shows Region’s Climate Risk
KPMG Australia to Fire Hundreds of Workers as Crisis Deepens 

