Tech Makes Fighting Fraud Affordable
Everyone talks about insurance fraud, but nobody does anythingabout it–at least in cases where the claims are notsignificant.
Sad to say, but some in the property-casualty insurance businessview fraud–whether traditional or computer-based–as a cost of doingbusiness, according to insurance fraud experts. While high-profilescams involving big dollars may draw the attention of specialinvestigation units, some in the industry, whether from lack oftime or a shortage of manpower and resources, see smallercrime–such as fraudulent claims for just a few thousand dollars–asjust not worth the cost of challenging and investigating.
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