Streaming Class - Producer Fraud Training
|WHO SHOULD ATTEND:
This program is geared to train producers and customer service representatives who handle automobile insurance on fraud recognition and claim reporting. The information will provide an overview of the impact of fraud on the insurance market and show how producers and staff can assist in the fight against fraud. This course meets the State Mandated Fraud Training Requirement.
STATE MANDATED FRAUD TRAINING
WHO: Under the Assigned Risk Plan, ALL agencies will be considered an assigned risk producer (ARP). As such, ALL agencies are subject to this training. The Division of Insurance has also stated that this training applies to both personal and commercial lines employees.
WHY: As stated in MAIP Rule 31 – All employees who process Automobile policies are required to attend a fraud class by January 16, 2008. The rule itself states:
B. Ongoing Assigned Risk Producer Requirements and Responsibilities
14. The ARP and his or her employees will be required to receive training on claims reporting and fraud recognition. For current ARPs and employees, such training must be completed within six (6) months of the initial implementation of MAIP. For new ARPs, such training must be completed within six (6) months of certification by the Governing Committee or its designee to immediately submit motor vehicle insurance policies for placement in the MAIP with an ARC or LADC. For new employees, such training must be completed within six (6) months of hire.
**NOTE: The STATE MANDATED Fraud Prevention Training will be REQUIRED for ALL Security Administrators per the MA Division of Insurance.**
- Provide information that will increase producer's awareness of policy fraud.
- Provide information regarding the legal consequences of policy fraud and the affect on your client's claim payout.
- Review the questions on the application that if answered falsely, incompletely, or in a misleading or deceptive way can give rise to an insurer's right to take action.
- Discuss the rights that an insurer may have under other provisions of the Mass Auto Policy when false information is provided.
- Discuss what you can do up front to recognize and stop premium fraud so that your clients' claims can be processed without delays.
- Provide a listing of "Red Flags" that should alert you to the suspicion of potential fraud.
COURSE DETAILS & POLICIES:
Cancellation/Refund Policy: There will be a $35.00 penalty fee if we are not notified in advance of three (3) business days of the scheduled class. Failure to cancel will result in loss of full registration fee.
Late Registrants: Please call 48 hours in advance of a class to ensure availability. A $10 charge will be added to all walk-ins and registrations received within 24 hours of the class.
Date: July 20, 2017
Time: 9:00 AM – 12:00 PM
Location: You have TWO Choices!
At check out you will need to choose either IN PERSON or VIA LIVE STREAM
Attend IN PERSON at MAIA Headquarters
91 Cedar St
Milford, MA 01757
Attend via LIVE STREAM from the location of your choice!
Please remember that in order to receive CEs and/or Required Class Credit
when Streaming a class, you must follow the initial sign-in directions by
'signing' your name and giving us your license number and resident state
information. Additionally, random check-ins are done and you must check-in
at these designated times. Missing any of this information may mean
receiving no CE or Credit for the class.
Price: $65.00 members / $130.00 non-members
CEUs: 3 – The CE amounts listed are for Massachusetts. If you a resident from another state, please check with your state association to see what CE amount has been granted for your state.
GL Number: 251416 Prometric Number: C61236