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Image technology for CATs. These images show an area and structures before and after the California wildfires. GIS imagery can be used to identify damage from tornadoes, hurricanes and other catastrophes. (Photo: Geospatial Intelligence Center)

Insurance fraud continues to be a major problem for the insurance industry. In fact, the Federal Bureau of Investigation (FBI) estimates the total cost of insurance fraud in the United States is more than $40 billion per year. According to a recent study, two-thirds of insurers agree there has been an increase in fraud over the past three years.

Following any major disaster, scammers swoop in to take advantage of homeowners by promising a quick fix. Sometimes, it’s the homeowner who attempts to scam the insurance company. Regardless, it’s a problem and the industry must continue developing innovative crime-fighting solutions for fraud.

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