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Delaware committee reviews bill to criminalize insurance application fraud
Summary
Senate leaders and Department of Insurance officials discussed a bill March 19 that would create a specific crime for false statements on insurance applications and adjust criminal penalties based on the amount sought.
Senate leaders and Department of Insurance officials discussed a bill March 19 that would create a specific crime for false statements on insurance applications and adjust criminal penalties based on the amount sought.
Senate Bill 45, introduced by Senator Spiroz Mantonioz, would add an offense for “application insurance fraud” to Delaware’s criminal code. Under the bill as read to the Senate Banking, Business Insurance, and Technology Committee, application-related insurance fraud would be a class A misdemeanor unless the benefits wrongly obtained or sought equal or exceed $1,000, in which case the offense would be a class G felony.
The measure was introduced to the committee by Department of Insurance staff.…
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