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.


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Man hiding a mask behind his back. Fraud is an $80 billion a year crime paid for by insurers and their policyholders. This year’s shamers stole military valor, faked slip & falls, and committed murder in an effort to get ahead financially. (Photo: Twinsterphoto/Shutterstock)

As microbes march across America, the parallel pathogen of insurance crime also continues prowling for victims. Look no farther than the newest avatars of avarice, the Insurance Fraud Hall of Shame. They’re the No-Class of 2020. These culprits are the year’s 10 worst insurance schemers.

The shamers are dishonored annually by the Coalition Against Insurance Fraud. This year, houses are burned. Military valor is stolen. Fake slip-and-falls take a $31-million tumble. A mother is shot. The Commanders in Thief help put insurance fraud on full national display and with a purpose.

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