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The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government. The department's mission is to regulate the banking, insurance and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability and efficiency of these industries. [1]
If you suspect someone of insurance fraud, you can report it to your state’s Division of Consumer Fraud, your insurer’s Special Investigations Unit that handles fraud incidents, your state’s ...
The New Jersey Division of Consumer Affairs (DCA) is a governmental agency in the U.S. state of New Jersey that is responsible for protecting the public "from fraud, deceit and misrepresentation in the sale of goods and services." The DCA operates within the New Jersey Department of Law and Public Safety in the office of the New Jersey Attorney ...
Finally, most states have an insurance fraud bureau. You can research the number for your state and call to report any suspicious activities if you suspect you’ve been targeted. What to read next
The Coalition was founded in 1993 by seventeen organizations that represented government, business and consumer interests, with the goal of reducing the prevalence and cost of insurance fraud. It has since grown to include more than 250 organizations as members.
The number of fraudulent motor insurance applications being detected has jumped by 16% since last year, according to data from a major insurer.
The National Insurance Crime Bureau (NICB) is a U.S. insurance industry trade association focused on preventing, detecting and defeating insurance fraud and vehicle theft through information analysis, investigations, training, legislative advocacy and public awareness. [2] NICB's headquarters are in Oak Brook, Illinois.
In New Jersey, $26.3 million are lost in state tax, which The Century Foundation estimates costs taxpayers $329.3 million in unemployment insurance, Social Security, Medicare, federal and state ...