Investigative & Forensics

Ask insurance special investigation units and claim adjusters what they consider to be the most entertaining type of fraud to investigate, and workers' compensation fraud will likely top the list.

Driven by an annual fraud loss of $30 billion, the nation's property and casualty insurance companies are taking aggressive action based on a two-year, industry-wide review of their fraud fighting efforts.

Insurance fraud convictions and related crimes are increasing in Virginia, according to the 2006 annual report issued by the Insurance Fraud Program, a division of the Virginia State Police.

What do the acronyms CCOR, NICB, CAIF and IASIU have in common? Besides being found in alphabet soup when all stirred together, of course.

The subject of insurance fraud is a serious issue for the industry.

According to Arkansas Insurance Commissioner Julie Benafield Bowman, an alleged auto insurance fraud ringleader recently turned himself in to the Little Rock police.