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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]
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 ...
Insurance fraud refers to any intentional act committed to deceive or mislead an insurance company during the application or claims process, or the wrongful denial of a legitimate claim by an insurance company. It occurs when a claimant knowingly attempts to obtain a benefit or advantage they are not entitled to receive, or when an insurer ...
New Jersey increased car insurance minimums in 2023, and they’re going up again in 2026. ... a $15,000 fine for each fraud accusation and license suspension.
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 ...
A Queens woman allegedly caught insurance fraud live on dashcam — silver Honda cut her off, reversed into collision causing $8,300 in damage. ... Finally, most states have an insurance fraud bureau.
Insurance Services Office, Inc. (ISO), a subsidiary of Verisk Analytics, is a provider of statistical, actuarial, underwriting, and claims information and analytics; compliance and fraud identification tools; policy language; information about specific locations; and technical services.
The New Jersey State Commission of Investigation (SCI) is an independent governmental fact-finding agency in the U.S. State of New Jersey whose mission is to identify and investigate organized crime, corruption and waste, fraud and abuse in government spending by state, municipal and school bodies.