Insurance Fraud Prevention Act

Insurance Fraud Prevention Act

Legislation in the United States criminalizing insurance fraud at the federal level. The Act prohibits persons and companies from embezzling or stealing premiums or other funds due to an insurance company. Many states also have their own insurance fraud protection acts.
References in periodicals archive ?
However, the resulting legislation, the Automobile Insurance Fraud Prevention Act of 2010 (A.
The suspicious nature of the Lands' claim led Liberty Mutual to deny coverage and file suit against the Lands and Burge for violating the New Jersey Insurance Fraud Prevention Act (the "IFPA").
The federal government has reinforced state insurance fraud efforts through legislation, the Insurance Fraud Prevention Act of 1994.
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