Texas Department of Insurance
The Texas Department of Insurance (TDI) is the regulator of all Texas-based insurance companies and insurance companies that conduct business or commerce in the State of Texas. TDI was founded as a result of the McCarran-Ferguson Act. The agency is headquartered at the William P. Hobby State Office Building at 333 Guadalupe Street in Austin, Texas, United States.
Texas Department of Insurance, Fraud Unit
The TDI Fraud Unit is the state law enforcement agency responsible for enforcing laws relating to fraudulent insurance acts. In the United States, insurance fraud is the second most costly white-collar crime next to tax evasion. TDI Fraud Unit criminal investigators work on a variety of cases; for example, Claimant Fraud, Workers' Compensation Fraud, Insurer Fraud, Life-Settlement Fraud, and Mortgage Fraud. TDI Fraud Unit criminal investigators are licensed state of Texas peace officers, have full state police powers (armed, make arrests and conduct investigations into violation of state laws), and have statewide jurisdiction. TDI Fraud Unit criminal investigators specialize in financial crime and regularly conduct joint investigations with city, county, state (DPS), and federal (FBI, IRS-CID, US Postal Inspection Service, US Government OIGs, etc.) law enforcement, and other governmental, agencies. Once a TDI Fraud Unit criminal investigator has completed a criminal investigation, the case is referred to a County, District, and/or U.S. Attorney in order to seek indictment and prosecution. The Fraud Unit employs criminal investigators, prosecutors, and criminal analysts.
- "Contact Us." Texas Department of Insurance. Accessed October 24, 2008.
- Texas Department of Insurance website
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