Arizona Hosts Insurance Fraud Summit

The price tag of fraudulent property and casualty insurance claims nationally is about 10 percent of insured losses," said Ron Williams, executive director of the Arizona Insurance Council. That was one figure that resulted from the largest gathering of Arizona law enforcement, government agencies and insurance representatives.

The Arizona Insurance Fraud and Vehicle Theft Summit, co-sponsored by the National Insurance Crime Bureau (NICB) and the Arizona Insurance Council (AIC) representing property and casualty insurers, took place in Phoenix on Tuesday, Oct. 21, as part of a summit to discuss insurance fraud issues, prevention tactics and public policy solutions.