An unusually targeted identity theft scam has been uncovered this summer. People posing as insurance industry regulators are calling agents and telling them they’ve committed some sort of infraction. The scammers then demand payment (of the alleged “penalties” or other bogus fees) over the phone via credit card. If the agent refuses to give up the credit card information, the scammer threatens the agent with the loss of his or her license. In some instances, the caller even asks the agent for his or her social security number and date of birth, making identity theft that much easier. 

Several state insurance departments, including Oklahoma, Idaho, Nevada, and California, have reported similar scam attempts during recent months, and insurance industry officials warn that it is likely to spread.

If you receive a call asking you to provide your social security number or credit card information, you are advised to contact both local law enforcement officials and your state’s department of insurance.

Remember, a state-sanctioned, bona fide insurance industry regulator would never solicit your personal information or any sort of payment by phone. Even if you are concerned that you might actually have committed some sort of breach, do not give your information to anyone who calls you! Contact your department of insurance and talk to a legitimate representative to clear up your concerns.