While state and local officials have little tolerance for scams and attempt to crack down on the criminals, it can be difficult to stop those who abuse and misuse the insurance and legal system with excessive claims and litigation.
You hear it all the time attitudes about fraud are changing. And while that may be true for some, a recent Insurance Research Council survey found that 18 percent of respondents believe it is acceptable to pad a claim to make up for premiums paid in the past. And...
Many think that workers compensation fraud is running rampant, and it may be in some areas. We see the worst cases in presentations or in media reports. However, the media and conference speakers do not talk about the many parties involved in workers compensation who act honestly and ethically within...
Organizations need a clear understanding of current trends, challenges and available technology solutions to be able to deploy or improve an insurance claims fraud program.
FICO, a provider of analytics and decision management technology, announces the availability of a new solution aimed at helping insurers curb insurance claims fraud. The FICO Claims Fraud Solution uses three integrated technologies to identify fraudulent insurance claims faster, in order to help insurers cut general insurance fraud losses that...
FICO, a provider of analytics and decision management technology, announces the availability of a new solution aimed at helping insurers curb insurance claims fraud. The FICO Claims Fraud Solution uses three integrated technologies to identify fraudulent insurance claims faster, in order to help insurers cut general insurance fraud losses that...