Insurers are always on the lookout for ways to spot fraud, and with good reason. The instances of fraud, and the variety of fraudulent activities, continue to rise.
According to the National Insurance Crime Bureau's (NICB) ForeCAST Report, the number of questionable claims increased to 48,887 in the first half of 2011 from 46,766 in the first half of 2010 and 41,309 in the first half of 2009. That represents an increase of 18.3% over the two-year period.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access