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Decisions Uphold $3.5M in Fraud Penalties

Wednesday, July 20, 2005 | 0

Two recent decisions by the New Jersey Superior Court upheld the constitutionality of the state's Insurance Fraud Prevention Act and the awarding of more than $3.5 million in civil penalties as a result of complaints filed by the Office of Insurance Fraud Prosecutor, state Attorney General Peter C. Harvey announced in a press release. The cases represent the largest civil penalties to date in contested civil actions under the New Jersey Insurance Fraud Prevention Act, the AG's office said. "The significance of these decisions cannot be minimized," Harvey said in a prepared statement. "Th...

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