| 3-Way Deal Designed to Clear Way for Suspicious Claims Reporting |
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ISO (Insurance Services Office), the National Association of Insurance Commissioners (NAIC) and the National Insurance Crime Bureau (NICB), report an initiative designed to streamline reporting of possible fraud in a filed claim. Companies can now file a single report directly to multiple state insurance departments and the NICB/ISO. Reports filed with the NICB/ISO Fraud Bureau Reporting Program will now also be filed with the NAIC Online Fraud Reporting System (OFRS), eliminating duplicate filing in most states. |
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