A restructuring of MetLife’s SIU proves beneficial to both fraud prevention and the company overall. Learn how to apply these best practices to optimize your operations.
Editorial Advisory Board Member Sam Miller, the executive vice president of the Florida Insurance Council, outlines the industrys staggeringly ambitious legislative agenda. Success, he cautions, hinges on consensus and commitment with our industry brethren.
NICB reports a 58-percent increase in QCs in Florida in the past year alone. The number of staged/deliberately caused accidents in Tampa has lept 290 percent.
The New York State insurance superintendent said, as part of an effort to address no-fault insurance fraud, he is supporting enactment of a measure requiring mandatory arbitration for no-fault claims under $5,000.
Steve Poizner, California Insurance Commissioner and Republican gubernatorial candidate, has garnered various accolades for his strong anti-fraud stance. Unfortunately, one of his relatives may have pursued a much less noble path.
A recent Novarica study found that improvements in claim handling was the second-most frequently cited initiative amongst P&C carriers looking to create competitive advantage.
A proposal by Gov. Schwarzenegger to downgrade various crimes from felony to misdemeanor status could not only hinder fraud-fighting efforts but could also compromise public safety. Four national anti-fraud groups urge the state to reconsider.