The new tax reform program is not perfect, but it must be viewed in the context of a comprehensive tax reform plan. Tax reform is a continuous process, not a one-time event. As one proverb says, âTo get through the hardest journey, we need take only one step at a time, but we must keep on stepping.â
In October 2012, the MIA was granted authority to issue insurance fraud civil orders. Since 2013, the MIA has sanctioned over 104 individuals with committing insurance fraud in Maryland. Penalties totaling $371,750 have been issued and those individuals were also ordered to pay $126,411 in restitution.
The National Association of Insurance Commissioners says the typical cost of identity theft insurance ranges from $25 to $60 per year. The insurance may include credit alerts, account and credit monitoring, and reimbursement for the costs associated with repairing your credit history if you become a victim.