The fraud division of the Maryland Insurance Administration recently received a $7,500 grant from a regional group to further investigate claims linked to abandoned or burned automobiles.
The head of the Maryland Insurance Administration fraud division is exploring a change to state law giving immunity to those testifying in workers’ compensation fraud cases before the State Workers’ Compensation Commission.
The current recession and the increased use of technology have resulted in the Maryland Insurance Administration receiving nearly double the referrals of fraudulent activity this year versus 2008.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.