Title Page
ABSTRACT
ABBREVIATIONS
Contents
CHAPTER I: INTRODUCTION 17
I. Overview 17
II. Scope and Limitation of the Dissertation 25
CHAPTER II: OVERVIEW OF INSURANCE FRAUD AND SOME POPULAR SCHEMES IN AUTOMOBILE INSURANCE FRAUD 27
I. Insurance Fraud 31
1. Definitions 31
2. Features of insurance fraud 35
3. Types of insurance fraud 38
4. Causes and Losses due to insurance fraud 41
5. Insurance Fraud Schemes 44
6. The importance of preventing insurance fraud 49
II. Some Most Popular Schemes In Automobile Insurance Fraud 52
1. Car Ditching 52
2. Past posting 53
3. Vehicle Repair 53
4. Phantom vehicles 54
5. Staged accidents 54
6. Inflated damaged 55
7. Fake insurers and agents 55
III. Conclusion 56
CHAPTER III: REGULATIONS ON PREVENTION OF INSURANCE FRAUD IN PARTICULAR THE AUTOMOBILE INSURANCE FRAUD IN VIETNAM 59
I. Background 59
1. Overview of insurance fraud in Vietnam 59
2. Some common types of automobile insurance fraud in Vietnam 62
II. The Current Regulations On Prevention Of Automobile Insurance Fraud In Vietnam 65
1. Regulations on licensing for the establishment and operation of insurance enterprises 66
2. Regulations on management and supervision of insurance products 69
3. Regulations on management of insurance intermediary channels 72
4. Regulations on monitoring methods 74
5. Regulations on Legal Liability for Committing Fraud 76
6. Regulations on assessment of damage in vehicle accidents 84
III. Conclusion 88
CHAPTER IV: REGULATIONS ON PREVENTION OF INSURANCE FRAUD IN PARTICULAR THE AUTOMOBILE INSURANCE FRAUD IN THE UNITED STATES OF AMERICA 91
I. Background of auto insurance fraud in the United States of America (USA) 91
II. Current Regulations on Prevention of Insurance Fraud in particular The Automobile Insurance Fraud in the United States of America 94
1. Regulations on Pre - Insurance Inspections of Motor Vehicles 94
2. Regulations on fraud prevention plans and special investigative units 98
3. Regulations on Prevention of Personal Injury Protection (PIP) Insurance Fraud 101
4. Regulations on Criminal Liability for committing auto insurance fraud 105
5. The important role of state insurance fraud bureaus and organizations 109
III. Conclusion 118
CHAPTER V: PROPOSALS FOR PREVENTION OF INSURANCE FRAUD AND IN PARTICULAR THE AUTOMOBILE INSURANCE FRAUD IN VIETNAM 122
I. Some typical cases regarding commiting insurance fraud in Vietnam society 122
II. Main causes for those fraud cases 126
1. Insufficiency of the legal system 126
2. Public Awareness towards the issue of auto insurance fraud 128
III. Recommendations 133
1. At the level of State management - administration 133
2. Solutions for insurance companies 141
3. Increasing public awareness of the impact of insurance fraud 148
CHAPTER VI: CONCLUSION 151
BIBLIOGRAPHY 155