Maryland Insurance Administration targets industry fraud

Maryland Insurance Administration (MIA) will continue to investigate and prosecute individuals and businesses committing insurance fraud, the administration recently announced.

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During the first half of 2018, MIA investigations led to the criminal prosecution of 12 people for committing insurance fraud while the agency issued another 25 civil fraud orders.

The enforcement efforts resulted in a combined total of $68,092 in fines and penalties, officials said, as well as $146,400 in restitution to insurance carriers impacted by the fraudulent activity.

“Our talented Insurance Fraud staff follows up and investigates every confidential tip received, and we want the public to report all suspected insurance fraud to us,” Insurance Commissioner Al Redmer, Jr. said. “The MIA’s efforts to root out fraud have resulted in fines, penalties, and restitution in excess of $2 million over the past several years. Our investigations have led to criminal convictions and jail time as well.”

Officials said anyone suspecting insurance fraud is encouraged to call the MIA’s Fraud Division hotline at 1-800-846-4069 or email a referral form to fraud-referrals.mia@maryland.gov.

MIA is an independent body charged with enforcing insurance laws and regulations, officials said. Its Fraud Division is staffed by former law enforcement officers and prosecutors who investigate reports of fraudulent activity related to insurance matters.