Restructuring helps N.J. settle insurance-fraud cases, official says

11/21/2011 | Star-Ledger (Newark, N.J.), The

New Jersey has made gains in settling civil violations and collecting penalties related to insurance fraud a year after the state created the Bureau of Fraud Deterrence within its Department of Banking and Insurance, department Commissioner Tom Considine said. While the insurance industry sees promise in the bureau's accomplishments, insurers would "like to see some big busts" of large fraud operations to ward off would-be fraudsters, said Deana Lykins, president of the Insurance Council of New Jersey.

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Star-Ledger (Newark, N.J.), The

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