Instant Insights / Insurance Fraud: Detection and prevention

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.

News

Unlicensed agency employee charged with fraud in Calif.

A licensed agent also faces charges for actions that put clients' coverage and information at risk.

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An insurance agent and an unlicensed employee were recently arraigned on misdemeanor counts of insurance fraud. (Photo: Shutterstock)

Even for a risk-averse industry, insurance is not without the bad actors who cheat the system and tarnish the reputation of trusted insurance advisors.

A recent case in California shines a spotlight on the importance for consumers to always check the license status of their agent.

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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