To amend title 18 to include an offense for motor vehicle collision fraud, and for other purposes.

What happened: On September 3, 2026, Representative Laura Gillen (D-NY) introduced HR10269, which amends Title 18 of the U.S. Code to create a specific federal offense for motor vehicle collision fraud (staged accidents). The bill was referred to the House Judiciary Committee. It has three original cosponsors from both parties, indicating bipartisan interest.

Money trail: This bill does not authorize or appropriate any funding. It creates a criminal penalty, not a spending program. The economic impact is indirect: by increasing the legal risk for fraud perpetrators, it aims to reduce the incidence of staged accidents, which cost auto insurers billions annually. The Congressional Budget Office would likely score minimal direct spending.

Convergence: No related signals or procurement data were provided. This bill stands alone as a targeted criminal justice measure.

Structural winners and losers: Auto insurers are the primary beneficiaries if fraud deterrence improves. Allstate ($ALL), Progressive ($PGR), and Travelers ($TRV) are the largest publicly traded personal and commercial auto insurers. Smaller insurers like Mercury General ($MCY) and Kemper ($KMPR) also benefit but have less market cap. No clear losers—fraud perpetrators are not a public market sector.

Timeline: The bill is at the earliest stage—referred to committee. It must pass the House Judiciary Committee, then the full House, then the Senate, and be signed by The President. Given the 119th Congress is in its second year, passage is uncertain and likely low priority. No hearings or markups have occurred.