The Oregon Senate has passed a bill that makes insurance fraud in claims a crime.
According to the insurance fraud bill, SB 401, fraud warnings would be mandatory on policies, noting that presenting a fraudulent claim for an insurance benefit or a payment for a loss or a recovery is a crime punishable by fines or imprisonment, or both.
Was this article valuable?
Here are more articles you may enjoy.
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says
D&O Market Expected to Tighten Under Pressure, Says AM Best
Trump Scraps Ocean Sensors Providing Crucial Data on Climate, Flooding
Helicopter Crash in Georgia Kills Groom, Pilot, Hours After Huge Wedding Celebration 

