Definition of Insurance Fraud
In Virginia, insurance fraud can occur in numerous ways. Generally an insurance fraud offense occurs when someone tries to make money from insurance transactions through deception.
Examples of insurance fraud include:
Who Enforces and Prosecutes Insurance Fraud Laws?
Virginia state and local prosecutors handle insurance fraud cases under the state's penal code. The Feds can also prosecute insurance fraud under a number of criminal statutes including "mail fraud," "criminal racketeering," or other federal charges.
How do I File a Complaint Against an Insurance Company?
Contact the Virginia State Police for complaints against insurance carriers and discount health plan providers, including suspected insurance fraud.
The following table highlights the main provisions of Virginia's insurance fraud laws.
|What is Prohibited||Knowingly lying about, or concealing, an important fact in connection with a insurance claim or payment made under an insurance policy. Applies to issuing fake insurance policies and rate-fixing. Also includes conspiring to do any of the above.|
Possible criminal penalties including jail time, fines, restitution.
Possible civil penalties including fines, revocation of business license, etc.
|Who Can Be Prosecuted||Consumers, providers (such a doctor and auto repair shop), insurance companies, adjusters and others.|
|Types of Insurance Fraud||
Insurance Fraud Detection Reward Program
Individuals may apply for a reward for any tip that leads to an arrest and conviction.
• Mention the reward when reporting suspected insurance fraud.
|Examples of Insurance Fraud||
If you feel you have been victimized by insurance fraud, contact the Virginia State Police Insurance Fraud Program, at 1-877-62FRAUD (623-7283).
Because insurance fraud laws can sometimes get complicated, it may also be a good idea to consult an experienced criminal defense attorney if you have questions about your specific situation.
Contact a qualified attorney.