It can be a balancing act to identify potentially fraudulent claims and still provide superior customer service for justified claims, a handful of factors can ensure success.
PropertyCasualty360.com’s Claims Channel Editor Christina Bramlet is twittering every day about breaking news and timely topics. Check out the latest claim-related tweets.
Much has been discussed about the rising costs of health care in this country. What hasn't been discussed, however -- and what ends up costing millions of dollars on its own -- is medical claim fraud.
Property and casualty insurers are seeing rising loss costs, increased levels of litigation and higher rates of fraudulent claims because of the struggling economy, a recent survey revealed.
Citing data that demonstrates notable increases in suspicious car fires, slip-and-falls, and hail-damage claims, the National Insurance Crime Bureau (NICB) is supporting the notion that a poor economy is causing an increase in fraudulent insurance claims.