The City of Columbia, Mo.s money-saving efforts include increasingly concentrated attempts to keep Workers Compensation costs down, says Sarah Perry, the citys risk manager for more than 15 years and a member of NUs Risk Managers Advisory Board.
In order to apply force to far-reaching and ever-evolving schemes, insurers will also need to overcome some substantial impediments to investigation. Anthony Roman, head of global security and risk-management firm Roman & Associates, outlines 10 key obstacles that require careful consideration:
Verisk Analytics new Verisk Crime Analytics division will help the company assist both law enforcement and crime victims in the private industry, a Verisk executive says.
Verisk Analytics new Verisk Crime Analytics division will help the company assist both law enforcement and crime victims in the private industry, a Verisk executive says.
March 22, 2012 marked nine years to the day when Alice Ross, a 71-year-old grandmother, was killed in a no-fault auto insurance fraud scheme, and the day when the New York State Senate passed three bills aimed at stemming the multimillion-dollar stage-and-fraud crime trend.
There is no question that insurance fraud costs Americans billions of dollars annually. According to the Coalition Against Insurance Fraud (CAIF), the business of fraud costs the industry an estimated $80-$120 billion each year.
The key to the success of the City of Knoxvilles workers compensation program is being able to integrate the programs for employees' health with workers' comp
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