IN Insurance Fraud Bill Passes to Senate

The Indiana House passed a fraud bill that would increase jail terms for larger insurance scams on Tuesday by a 95 to one vote.HR 1403, now in the state Senate for debate, significantly increases penalties for insurance fraud, and would impose up to eight years in jail for larger scams. The current law allows only one year, no matter how large and damaging a scheme. Fines would also increase significantly, and premium fraud would become a specific crime. The bill has broad support in the state, and was initiated by the Indiana chapter of the International Association of Special Investigation U...