Anti-fraud efforts

Question 1

Special Investigation Unit (SIU)

Answer 1

division within an insurance company to investigate

Question 2

Telematics

Answer 2

Use of devices to transmit data

Question 3

Internet of Things (IoT)

Answer 3

network of communicating objects

Question 4

Some Federal Statutes to fight insurance fraud:

Answer 4

• Motor Vehicle Theft Law Enforcement Act of 1984
• Anti Car Theft Act of 1992
• U.S. Mail Fraud Statute
• False Representation Statute

Question 5

Industry Organizations to fight insurance fraud:

Answer 5

• Insurance Services Office, Inc. (ISO)
• National Insurance Crime Bureau (NICB)
• Coalition Against Insurance Fraud (CAIF)
• International Association of Special Investigation Units (IASIU)