Antifraud (D) Task Force Conference Call
Friday, October 13, 2017
11:00 a.m. Alaska / 12:00 p.m. Pacific / 1:00 p.m. Mountain / 2:00 p.m. Central / 3:00 p.m. Eastern
CONFERENCE REGISTRATION LINK FOR REGULATORS AND INTERESTED PARTIES
http://dpregister.com/10113297
Please note that registered participants will receive their dial in number upon registration.
For those without internet access or unable to pre-register please dial: 
PARTICIPANT DIAL IN (TOLL FREE): 1-877-270-2148
PARTICIPANT INTERNATIONAL DIAL IN: 1-412-902-6510
Please ask to be joined into the Antifraud (D) Task Force - Conference Call. 

During the NAIC Attorneys Roundtable discussions in 2015, it was discovered that states/jurisdictions were not treating 1033 notifications uniformly. At the 2016 Fall NAIC National Meeting in Miami, Florida, the Antifraud (D) Task Force received a recommendation from the Producer Licensing (EX) Working Group concerning language found in the Guidelines for State Insurance Regulators to the Violent Crime Control and Law Enforcement Act of 1994 (Page 15, Section H, Subsection (3)).

The proposed recommendation is open for comment through March 3, 2017. Please submit comments or suggestions to Gwelker@naic.org

  • Suggested 1033 Notification Language PDF | DOC

Financial Crimes Network (FinCEN) presentation

Frequently Asked Questions - Anti-Money Laundering Program and Suspicious Activity Reporting Requirements for the Insurance Industry
For informational purposes only

Insurance Department Investigator Safey Guidelines
The Antifraud (D) Task Force developed an Insurance Department Investigator Safety Guidelines to be used by state department investigators and auditors. The safety guideline was adopted by the NAIC full membership during the 2013 Summer National Meeting.

Reporting Fraud

Education & Training Events

Related NAIC Publications

Contacts

Antifraud (D) Task Force

 

2017 Charges

The mission of the Antifraud (D) Task Force is to serve the public interest by assisting the state insurance supervisory officials, individually and collectively, to promote the public interest through the detection, monitoring and appropriate referral for investigation of insurance crime, both by and against consumers. The Task Force will assist the insurance regulatory community by conducting the following activities: maintain and improve electronic databases regarding fraudulent insurance activities; disseminate the results of research and analysis of insurance fraud trends, as well as case-specific analysis, to the insurance regulatory community; and provide a liaison function between insurance regulators, law enforcement (federal, state, local and international) and other specific antifraud organizations. The Task Force also will serve as a liaison with the NAIC Information Systems Division and other NAIC committees, task forces and/or working groups to develop technological solutions for data collection and information-sharing. The Task Force will monitor all aspects of antifraud activities by its working groups on the following charges.

Ongoing Support of NAIC Programs, Products or Services:

  1. The Antifraud (D) Task Force will:
    1. Work with NAIC committees, task forces and working groups (e.g., Title Insurance (C) Task Force, Public Adjuster (C/D) Working Group, etc.) to review issues and concerns related to fraud activities and schemes related to insurance fraud.
    2. Coordinate efforts to address national concerns related to agent fraud and activities of unauthorized agents related to insurance sales.
    3. Coordinate the enforcement and investigation efforts of state and federal securities regulators with state insurance fraud bureaus.
    4. Coordinate with state, federal and international law enforcement agencies in addressing antifraud issues relating to the insurance industry. The Task Force will review and provide comments to the International Association of Insurance Supervisors (IAIS) on its Insurance Core Principles (ICPs) related to insurance fraud.
    5. Coordinate activities and information from national antifraud organizations and provide information to state insurance fraud bureaus.
    6. Coordinate efforts with the insurance industry to address antifraud issues and concerns.
    7. Evaluate and recommend methods to track national fraud trends.
  2. The Antifraud Education Enhancement (D) Working Group will:
    1. Develop and present seminars, trainings and webinars regarding insurance fraud.
  3. The Antifraud Technology (D) Working Group will:
    1. Evaluate sources of antifraud data and propose methods for enhancing the utilization and exchange of information among insurance regulators, fraud investigative divisions, law enforcement officials, insurers and antifraud organizations.