Bill Proposed to Reduce and Eliminate Insurance Fraud

Minnesota lawmakers announced legislation that will take critical steps to reduce and eliminate insurance fraud. The state has been targeted recently by out-of-state organized criminal rings that have moved there, specifically to engage in insurance fraud.

Insurance fraud is not a victimless crime and in fact, costs the average Minnesota family more than $1,400 a year in higher insurance premiums.

KARE 11 has the full story here.

Anyone with information concerning insurance fraud or vehicle theft can report it anonymously by calling toll-free 800.TEL.NICB (800.835.6422) or submitting a form on our website.

About the National Insurance Crime Bureau: Headquartered in Oak Brook, Ill., the NICB is the nation's leading not-for-profit organization exclusively dedicated to combatting and preventing insurance crime through Intelligence, Analytics, and Operations; Education and Crime Prevention; and Strategy, Policy, and Advocacy. The NICB is supported by more than 1,200 property and casualty insurance companies and self-insured organizations. NICB member companies wrote over $582 billion in insurance premiums in 2021, or more than 82% of the nation's property-casualty insurance. That includes more than 96% of the nation's personal auto insurance. To learn more, visit www.nicb.org.