Staged accidents are on the rise globally. While the insurance industry has always been a magnet for fraud, the ability to stage accidents (and successfully get paid) makes it a multi-billion-dollar proposition. 

According to a May 2009 study by the Insurance Information Institute (I.I.I.), U.S. insurers incurred $30 billion in losses and loss adjustment expenses (LAE) as the result of fraud, which accounts for about 10 percent of all claims. 


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