Survey of Law insurance fraud
Storyboard Text
- Offense
- Texas Penal Code101
- Elements of Offense
- No ma'am, you do not have those benefits.
- haha im such a good liar, she's never getting these benefits
- Levels of Offense
- I'm gonna be in here for a while after what I did...
- My offense is Insurance fraud, the offense title is Insurance fraud, & it is section 35.02
- Interesting Facts
- I got SEVERELY injured..
- You're LYING, I barely hit the back of your car!!
- Actus reus- When a claimant obtains benefits or advantages they are not entitled to or when an insurer denies benefits or deceives the person under the insurance policy with false information. Mens Rea- A person commits an offense if, with intention to defraud or deceive an insurer, the person, in support of a claim for payment under an insurance policy that the person knows contains false or misleading material information; and is presented to an insurer
- Texas Case
- FREEZE CAROL YOU'RE UNDER ARREST!!!
- Class C misdemeanor- fine up to $500 and no jail time, Class B misdemeanor- fine up to $2,000 & up to 180 days in jail ,Class A misdemeanor- fine up to $4,000 & up to 1 year in jail ,State jail felony- fine up to $10,000 & 180 days to 2 years in jail ,Felony of the third degree- fine up to $10,000 & 2-10 years,Felony of the second degree-fine up to $10,000 & 2-20 years ,Felony of the first degree- fine up to $10,000 & 5-99 years (life)
- Works Cited
- SourcesAraujo, Mila. “Insurance Fraud: Facts, What It Costs You and Cases With Examples.” The Balance, 21 Apr. 2020, www.thebalance.com/extreme-cases-of-insurance-fraud-examples-and-list-4584227#:~:text=Some Facts About Insurance Fraud&text=10% of incurred losses and,in fraud in 5 years.Wood, Stephanie. “Fraud Facts: The Real Cost of Insurance Fraud – and What We Can Do.” NY Daily Record, 11 May 2014, nydailyrecord.com/2014/05/11/fraud-facts-the-real-cost-of-insurance-fraud-and-what-we-can-do/.
- According to the RGA 2017 Global Claims Fraud Survey 1 in 30 claims are reported as fraudulent globally. The Coalition Against Insurance Fraud estimates $80 billion in fraud a year for all the different types of insurance. The Coalition reports that more than one third of people hurt in auto accidents exaggerate their injuries . This can add $13 -$18 billion to America's annual insurance bill
- Nancy Jackson Caroll
- Sources cited
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