RD97 - 2015 Annual Report on the Insurance Fraud Program


Executive Summary:
It was another busy year for the Virginia State Police Insurance Fraud Program (IFP), which received 2,200 notices of suspected insurance fraud — 259 more than the previous year — and saw courts order $275,009 in restitution.

In addition to numerous investigative successes, some of which are detailed in this report, the IFP continued to make progress on the administrative side: six vacant positions were filled; plans progressed for additional office space; and new marketing representation was acquired.

Insurance fraud happens more often than people realize, and it is not a victimless crime. The notion that it is okay to cheat insurance companies is just plain wrong. The more money fraudsters take from insurance companies, the higher the premiums climb for everyone. That is ultimately money out of your pocket, which is why the IFP is committed to teaching citizens how to recognize and report suspected fraud. The program does not just do great work combating fraud, but it also works hard to better serve the public from an awareness and prevention standpoint.

Difficult and ongoing is the fight against fraud, but with the help of IFP special agents and analysts, the insurance industry, commonwealth’s attorneys and citizens, together we can Stamp Out Fraud.

Sincerely,
Colonel W. Steven Flaherty