Maryland insurance regulator charged 76 with fraud last year

The Maryland Insurance Administration announced that for all of 2018 the regulator charged 76 people and businesses with insurance fraud, 64 with civil orders and 12 criminally.

The cases resulted in a total of $320,671 in fines, penalties and restitution, the agency said.

The administration partners federal, state and local government agencies, insurance carriers and producers to investigate fraud, which costs consumers by increasing their premiums.

“Our Insurance Fraud Division continues to investigate all tips regarding suspected civil and criminal insurance fraud,” Redmer said in a statement/ “We want Marylanders to know they can and should call us if they suspect insurance fraud. All tips are confidential and we follow up on each lead. The bad actors need to be held accountable for their actions.”

Last year, 64 individuals in the state were ordered to pay $215,090 in administrative penalties and restitution for committing civil insurance fraud. Additionally, 12 people were prosecuted criminally for committing insurance fraud, resulting in $105,581 in fines, penalties and restitution.

Criminal prosecutions were off from 2017, when the agency charged 37 people, and 2016, when it charged 43. Civil fraud orders, however, were up from 40 in 2017 and 61 in 2016.

The administration’s Fraud Division hotline at 1-800-846-4069, or email a referral form to fraud-referrals.mia@maryland.gov.

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