fraud costs the typical American family up to $700 fraud costs the typical American family up to $700 Federal Bureau of Investigation FBI insurance fraud yearly impact examples of common schemes FBI: Insurance Fraud $40 billion annually FBI totals $40 billion per year "FBI — Insurance Fraud" FBI -Insurance Fraud Overview FBI common insurance schemes Federal Bureau of Investigations (FBI) Federal Bureau of Investigation scams cost the insurance industry roughly $40 billion FBI fraud costs the typical American family up to $700 drains more than $50 billion from insurers examples of common schemes fraud costs the typical American family up to $700 FBI web resource drains more than $50 billion from insurers According to the FBI https://fbi.gov/stats-services/publications/insurance-fraud FBI yearly impact According to the FBI website Federal Bureau of Investigation over $40 billion is lost to insurance fraud every year fraud or excessive fees estimated $40 million each year $40 billion each year According to the FBI website FBI the total annual cost of insurance fraud examples of common schemes $40 billion dollars According to the FBI website FBI’s statistics