Why is there insurance fraud, and what is being done about it?

Posted by on Aug 15, 2013 in Claims |

While it may seem that insurance fraud became an issue only in recent years, the truth is that this is one of the oldest types of fraud. Numerous articles published more than a century ago recounted how merchant ships were intentionally sunk to cash out on the insurance. Maybe this is where today’s criminals got the idea to stage accidents. Fast-forward 200 years. Today, both insurance consumers and carriers are experiencing the negative...

Read More

But It’s Only a “Little” Fraud

Posted by on May 16, 2013 in Claims |

Unfortunately, many individuals experience their first encounter with the criminal justice system by using poor judgment in the presentation of their insurance claim and/or while completing their application for insurance. Many believe that by simply adding a few items to their list of damaged or stolen items, or by omitting past claims history on their insurance application, it is “no big deal”.  The fact is that, in Florida, both actions...

Read More