California Insurance Commissioner Ricardo Lara awarded $50,545,239 in grants to 34 district attorney offices representing 44 counties in the state to combat insurance fraud.
The grants, funded through annual employer assessments, support law enforcement efforts in investigating and prosecuting fraud.
Lara also awarded $400,000 in grants to protect consumers from abuse involving the sale of individual life and annuity products as part of the Life and Annuity Consumer Protection Program.
“Insurance fraud continues to be a drain on our economy. Partnership between my Department’s investigators and local law enforcement is crucial in fighting fraud and educating the public,” Lara said in a statement.
A large part of the grants will go to the investigation and prosecution of medical provider fraud in the workers’ compensation system.
Department investigators also work with law enforcement partners to target employer premium fraud, employer defrauding employee fraud, insider fraud, claimant fraud, uninsured employers operating within the underground economy, and exploitation of workers.
Topics California Fraud
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