Ponca City, OK

Now: 90 °F

Currently: Fair

Hi: 96 °F | Lo: 72 °F

Sunday

Hi: 95 °F 

Lo: 72 °F

Monday

Hi: 92 °F 

Lo: 71 °F

Tuesday

Hi: 93 °F 

Lo: 69 °F

Wednesday

Hi: 95 °F 

Lo: 72 °F

Thursday

Hi: 92 °F 

Lo: 69 °F

Doak to discuss insurance fraud protection efforts at Senate hearing

Team Radio Marketing Group - August 2, 2017 9:29 am

OKLAHOMA CITY – Oklahoma Insurance Commissioner John D. Doak will participate in a Senate hearing focused on preventing insurance fraud.

Doak will testify before the Senate Committee on Commerce, Science and Transportation’s Subcommittee on Consumer Protection, Product Safety, Insurance and Data Security. The hearing will take place at 10 a.m. Thursday, Aug. 3.

“Protecting consumers from insurance fraud has been one of my top priorities since taking office,” said Doak. “I look forward to discussing this important issue with the subcommittee and working together to keep citizens safe. Those who think insurance fraud is a victimless crime are dead wrong. It leads to higher premiums for everyone.”

Doak is testifying on behalf of the National Association of Insurance Commissioners as Chair of the Antifraud Task Force. The subcommittee will examine insurance fraud trends in the United States and explore tools available to states, insurers and consumers to protect themselves against these crimes.

The Coalition Against Insurance Fraud estimates that the total cost of insurance fraud is approximately $80 billion a year. The crimes cost the average U.S. family between $400 and $700 a year in increased premiums.

Witness testimony, opening statements and a live video of the hearing will be available on https://www.commerce.senate.gov/public/.

 

 

Latest Stories

Mill and overlay project to start July 24 on South Avenue

A project to mill and overlay the asphalt surface on South Avenue, from First Street to 13th...

Deputy Chief Anthony Rogers Retires

Deputy Police Chief Anthony Rogers retired Friday, July 20, after a 20-year police career. Rogers began...

Two found dead at Resthaven Cemetery

The Kay County Sheriff’s Office received a report at 2:40 p.m. Friday of two people who...