Super insurance fraudsters join the Hall of Shame
Insurance fraud comes in many forms and can affect every area of the industry. These articles can help insurance professionals implement mitigation strategies and stop crime in its tracks.
Mark Twain said, “The reports of my death are greatly exaggerated,” when a newspaper mistakenly published his obituary. While death is a serious subject, some may view it as a creative solution to escape their problems.
When the economy is lagging and unemployment is on the rise, it’s not unusual for people to fall behind on mortgages, rent, car payments and other debts. The pressure can lead individuals to find new ways to pay for these responsibilities, which can result in some sort of insurance fraud. Faking their death or disappearing is one option.
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