Privacy Hurdles Trip Up Insurance Fraud Investigators

True story: A state insurance fraud bureau chasing a suspected swindler recently approached a large multinational bank where the man was a customer and sought his financial information. The institution refused, telling stunned investigators their target would have to be notified before the crucial data was released. This was a federal privacy requirement, the bank insisted.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.