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The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government. The department's mission is to regulate the banking, insurance and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability and efficiency of these industries. [1]
In the Insurance Fraud Bureau's first year of operation, the usage of data mining initiatives exposed insurance fraud networks and led to 74 arrests and a five-to-one return on investment. [30] The Insurance Research Council estimated that in 1996, 21 to 36 percent of auto-insurance claims contained elements of suspected fraud. [31]
The Coalition Against Insurance Fraud is a coalition of insurance organizations, consumers, government agencies [1] and legislative bodies in the United States working to enact anti- fraud legislation, educate the public, and provide anti-fraud advice. [2] They are also a resource where consumers can find scam warnings, learn where to report ...
New Jersey increased car insurance minimums in 2023, and they’re going up again in 2026. ... a $15,000 fine for each fraud accusation and license suspension.
Bankrate shares the six common types of car insurance fraud and tips to avoid ... The National Insurance Crime Bureau tracked an increase of 8,650 percent in windshield replacement scams in ...
Valuation Bureau. Bureau of Fraud Deterrence. Office of Captive Insurance. Office for e-HIT. Office of Property and Casualty. Office of Solvency Regulation. New Jersey Real Estate Commission. Bureau of Subdivided Land Sales Control. Office of Public Affairs.
New Jersey must address construction tax fraud. ... which The Century Foundation estimates costs taxpayers $329.3 million in unemployment insurance, Social Security, Medicare, federal and state ...
Footnotes / references. [1] The National Insurance Crime Bureau (NICB) is a U.S. insurance industry trade association focused on preventing, detecting and defeating insurance fraud and vehicle theft through information analysis, investigations, training, legislative advocacy and public awareness. [2] NICB's headquarters are in Oak Brook, Illinois.