Fraud and deception drive up the cost of insurance. A new anti-fraud unit within the state’s Department of Insurance and Financial Services (DIFS) was recently formed to fight fraudulent activity and help lower costs and better protect consumers. The unit will work with other law enforcement agencies to identify and investigate fraud in the auto insurance, health insurance and banking sectors.
In related news, DIFS set up a new website earlier this year — www.mi.gov/InsuranceFraud— to offer consumers and the insurance industry a convenient site to report fraud. Since the launch, the agency has received 167 complaints of fraud from consumers and 68 complaints from the industry.