fraudulent insurance claims

• FICO Solution to Combat Insurance Claims Fraud

  By Staff Writer  |  April 26, 2012

  FICO, a provider of analytics and decision management technology, announces the availability of a new solution aimed at helping insurers curb insurance claims fraud. The FICO Claims Fraud Solution uses three integrated technologies to identify fraudulent insurance claims faster, in order to help insurers cut general insurance fraud losses that...

• Cell Phone Store Owner Defrauds Insurer of $1M

  By Staff Writer  |  February 16, 2012

  A retailer receives 3 years in state prison for his involvement in more than 2,000 fraudulent insurance claims.

• More PIP Fraud Arrests in Miami, Orlando

  By Staff Writer  |  November 28, 2011

  Staged auto accidents and fake insurance adjusters—PIP fraud is a heavy cloud hovering over the sunshine state. Seven related arrests last month is just a drizzling of the storm.

• More PIP Fraud Arrests in Orlando, Miami

  By Staff Writer  |  November 4, 2011

  Five people in Orlando and two in Miami have been charged with PIP fraud.

• Five PIP Fraud Arrests Made in Miami

  By Staff Writer  |  October 26, 2011

  Five people have been arrested for staging a car accident in Miami and submitting fraudulent claims.

• Featured Fraud: Swindling in La-La Land

  By Catherine Couretas, PropertyCasualty360.com  |  August 26, 2011

  A Los Angeles-area attorney has been sentenced to five years of formal probation after stealing hundreds of thousands of dollars from insurers.

• Litigation Funding Creates Substantial Cost Risk For Insurers

  By Robert Detlesfen  |  July 21, 2011

  Third-party litigation funding is a burgeoning industry that threatens to increase the volume of litigation and drive up litigation-defense and claim costs. The NAMIC argues the practice should be prohibited.

• The Law of Unintended Consequences

  By Barry Zalma  |  April 1, 2011

  Insurers are the only entities who are required by law to investigate and help in the prosecution of criminals seeking to defraud the insurer.

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  Florida Couple Arrested For Auto PIP Fraud

  By Chad Hemenway, PropertyCasualty360.com  |  January 28, 2011

  A Florida couple arrested three years ago for similar offenses was again arrested for submitting $118,000 in fraudulent insurance claims.

• Putting the Brakes on Auto Fraud

  By Thomas J. Maida, Wes Strickland  |  December 1, 2010

  For several years, Florida consumers have enjoyed relatively low auto insurance rates and have had their pick of reputable auto insurers fighting for their business.