Search
Copyright © 2023 ALM Global, LLC. All Rights Reserved.
Insurance fraud causes billions of dollars in economic damage annually, while destroying the lives of both the victims and the perpetrators. (Illustration: David Vogin)Insurance fraudsters think they are too clever to be caught, however, these entrants into the Insurance Fraud Hall of Shame as determined by the Coalition Against Insurance Fraud will quickly dispel that thought. These miscreants were notable not for their ingenuity, but for the nefarious choices they made to swindle insurers out of millions of dollars. You can meet the fraudsters from Part 1 of this series here.
Mutilating women for money. Dr. Javaid Perwaiz inflicted his scalpel on trusting patients, completing unneeded and life-changing hysterectomies, sterilizations and other invasive surgeries in what was a $20.8-million looting of private and public health insurers.
Already have an account? Sign In Now
NOT FOR REPRINT
© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
When a roof is damaged and during repair it is discovered that the decking is worn, should the decking be covered as part of the loss?
The insurance carrier argued that some of the damage submitted in the claim was pre-existing and not caused by a storm.
The December 5 opinion held that the coverage exclusion in Nationwide's policy went against the Motor Vehicle Financial Responsibility Law.
Playbook
Sponsored by One Inc
Evaluating Payment Providers: A Playbook for Success in the Insurance Industry
This report discusses the key components insurance carriers need to assess when selecting a digital payments provider and the ways in which leading technology can benefit insurers and their insureds. Ensure your competitive advantage in 2024 with an enhanced digital payments strategy.
eBook
Sponsored by TransUnion
The State of Customer Outreach: Top Ten Findings for Insurance
Download this eBook and learn about challenges, goals and strategies for improving customer experience, revenue growth and operational efficiency. Discover the importance of integrating voice and digital channels, addressing low answer rates and leveraging technology for better customer contact. The study provides insights into insurers' priorities, key challenges and the role of technology solutions in achieving success.
eBook
Sponsored by OneShield
Commercial Property Preparedness: Bracing for Changing Risks
Commercial insurers have faced many challenges in 2023 due to a record number of billion-dollar weather events, inflation and a tightening reinsurance market. The increasing focus on individual risk levels in the reinsurance market requires insurers to embrace new technology, data, and tools to improve loss ratios and customer satisfaction. This eBook explores solutions to navigate these challenges and enhance risk management capabilities.
Copyright © 2023 ALM Global, LLC. All Rights Reserved.
Sign In
Sign In
