![]() ![]() A workers’ compensation investigation can substantiate the severity of a claimed injury, whether, or not, the injury occurred at work and may an include a determination as to if a legitimately injured employee is “milking the system” by avoiding coming back to work. On-the-job injuries are thankfully much less common than they once were, but accidents and faulty equipment can still have devastating consequences for employees, coworkers, and employers. Loss, of valuable items that were never missing or stolen. Others attempt vehicle theft fraud, trying to get money for a car that is not stolen.” Many property fraud claims will similarly include theft, or To vehicle insurance, common fraud schemes include “stage(d)Īccidents in which they purposely collide with another car, then accuse the ![]() To 2017, property/casualty fraud amounted to about $30 billion each year.” Input and guidance from the insured in how claimsĬlaims, even nuisance payments, can mean increased premiums for the business.Įstimates generally put fraud at about 10 percent of the property/casualty To workers’ compensation or other business-related claims, insurers will often seek Insurance companies, however, fall in between these two extremes. Some companies find whatever route will be least costly to the business. ![]() Some insuranceĬompanies have a very aggressive attitude towards fraudulent insurance fraudĬlaims, believing that it is best to defend against such claims and to seekĬriminal charges whenever possible. The cost of an investigation (and possible litigation) against the potential loss of paying out on a filed claim. One, or more, of these “red flags” should have an investigation to get to the Generally, insurance companies have a list of “redįlags” that might indicate false or inflated claims. Attempts to verify the validity of a claim for compensation relating to a specific ![]()
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