Insurance

Insurance Fraud: Common Schemes. Non-Health insurance is estimated to be more than $40 billion per year. That means Insurance Fraud costs the average U.S. family between $400 and $700 per year in the form of increased premiums.

Dealing with an Insurance Adjuster: What Not to Say

Source After the shock of a car wreck, it can be hard to know exactly what happened. Naturally, gathering evidence isn’t at the top of your priorities — you just want to make sure everyone is safe. But just a couple days after a car accident, you’ll get a call from an insurance claims adjuster. You need to be very careful what you say — you’d be surprised what the insurance company can hold against you. Knowing what to expect when the other party’s insurance adjuster calls is the best way to prepare. Don’t forget that you have every right ... Read more

Health Care Fraud: Joe David May Charged In Kickbacks Generate Expensive Compounded Drug Prescriptions

Doctor and Sales Rep Charged in $12 Million Fraud Scheme Targeting Tricare and Extensive Cover Up Kickbacks Generate Expensive Compounded Drug Prescriptions LITTLE ROCK—A doctor and a medical sales representative have been charged in a scheme to pay and receive kickbacks to generate expensive prescriptions for compounded drugs. TRICARE, the military’s health insurer, paid over $12 million for the prescriptions, which the indictment alleges were rubber stamped without examining patients or regard to medical necessity. The 43-count indictment alleges the scheme also encompassed widespread efforts to obstruct the ensuing investigation. Cody Hiland, U.S. Attorney for the Eastern District of Arkansas, ... Read more

Insurance Fraud Types And How To Protect Of

Insurance fraud isn’t a harmless wrongdoing. At the point when individuals cheat insurance organizations out of cash, the legitimate individuals that compensation premiums pay through expanded insurance costs. Insurance organizations lose an expected $30 billion every year in insurance fraud costs that need to get passed on to charge paying purchasers. You can help stop insurance fraud by reaching your state branch of insurance and giving the greatest number of subtle elements as you can about the fraud that you saw. Customers should figure out how to be careful in recognizing insurance fraud by getting comfortable with the 10 most ... Read more

Preventing Insurance Fraud

Mechanics of a false insurance claim. Before a business will have interaction in security to stop insurance fraud, it’s necessary to grasp the mechanics of insurance fraud and the way usually it happens. Insurance fraud happens in virtually each business round the world and prices businesses, and people United Nations agency pay insurance premiums, billions of bucks per annum. there’s no explicit business that solely experiences insurance fraud, criminal activity may be known in most any field of business wherever insurance is carried and meant to shield shoppers. The motive most frequently noted for somebody to commit insurance fraud is ... Read more

Simple Steps You Can Take To Stop Identity Theft

According to statistics from 2006, identity theft happens to more than eight million people a year. As a result, there are a slew of companies offering services to prevent it. There ARE measures that the average person can take though that will help prevent identity fraud. This includes protecting your privacy,and your personal information, shredding mail and financial documents, and monitoring your credit diligently. You might also consider purchasing identity theft insurance. It won’t stop it from happening, but it will prevent scammers from taking over your savings and ruining your credit. How to Guard Your Privacy Most people don’t ... Read more

Who Should You Turn to For Identity Theft Assistance

When you’ve become the victim of a stolen identity your troubles have just begun. The mess you are left to clean up can be quite dramatic. Some people may only have to dispute a few unauthorized charges and have their credit cards replaced. Others may have to fight with credit card companies about cards they never opened or even fight with mortgage companies about homes they never purchased. Who can you turn to for identity theft assistance if you become the victim of the crime? The best approach to identity theft is a pro-active one. Hopefully you looked into identity ... Read more

New York Immigration Marriage Law

United States is through a lawful marriage to a U.S. citizen. As a result, the Immigration Service saw many sham or business marriages. To protect the agency and the country from fraudulent applications and marriages, Congress passed Immigration Marriage Fraud Amendments of 1986. Marriage Residence status Marriage now results in conditional residence status unless it is more than two years old at the time of granting the immigrant status. Two year period is measured from the time residency is granted. Conditional residence status may be terminated if before the second anniversary of the grant of conditional residence, the http://www.4immigration.com/ new ... Read more

What is the Role of Government For Surety Bonds

Who requires businesses to have bonds? 90% of businesses that need surety bonds are to satisfy a government regulation. In many cases bonds are needed to obtain a license or to perform a service for the government. Why are bonds needed? Bonds can be required for a variety of reasons. If the principal is performing services for the government the bond protects the tax payer’s investment. This extra step also helps the consumer by eliminating fly by night companies and provides an easier means of financial recourse. Not all bonds just protect the obligee there are bonds that can protect ... Read more

Making Subprime Mortgages Illegal

With all of the furor over the subprime mortgage debacle, a number of individuals and groups are taking a closer look at the loans that made the mess possible. Adjustable rate mortgages, interest only loans, and their variations are estimated at $3.5 trillion now, and they are partly to blame for the record foreclosure rates. One occasionally-proposed method to dealing with the crisis is simply to make these types of loans illegal. Although that may sound like a plausible solution, it does not address the more fundamental causes of the foreclosure problem. First of all, these types of mortgages have ... Read more

A Landlord’s Potential Problems (and How a Tenant Report Can Remedy Them)

Landlords and property owners have to contend with a number of issues, risks, and problems when renting out an apartment or a land, for instance. Of course, there are laws that supposedly protect owners from dubious entities who practice rental fraud. But unfortunately, these laws do not work much to their advantage, as the frauds can already get their way around these roadblocks to their criminal intent. This is, now more than ever, it is essential for a landlord or a property owner to secure a tenant report. A tenant report can serve as anyone’s insurance against fraudulent individuals. Once ... Read more

Shrinkage – And Two Technology Predictions

A family friend who works at a major retailer reported one night over a drink that he had the strangest of days. He made goal (good for him) selling high-end merchandise to individuals he knew in his heart of hearts were thieves using a stolen credit card. Management was called. Security was called. But in the end the transaction approved because that sale would contribute towards the retirement of that day’s sales goal. After all, the sales clerk, and his manager, and the store would all get paid. And the thieves would look oh so good in their new duds. ... Read more

Florida No Fault Insurance – No Fault Auto Insurance Laws in FL and Other States

What is Florida no fault insurance? What exactly is no fault insurance in the first place? Where is it available and what are its advantages and disadvantages? If you life in FL and have questions about how the Florida no fault car insurance laws work or really if you live in any one of the twelve states that use a no fault system, knowing the answers to these questions will help you understand how your car insurance policy works. Read on to learn some of the basics of no fault car insurance in Florida and in other states. WHAT IS ... Read more

Coming to Terms With Asset Protection Strategies

Asset protection deals with protecting your assets from others who may make a claim on them through a court action. Developing an approach to what asset protection strategy you need requires you to understand which assets of yours are vulnerable to be claimed, when, and from whom. This article outlines these points and the boundaries and limitations that affect your choice of asset protection device. So how do you scope out an asset protection strategy for you? Here’s what you need to know. First: Recognize who can make a claim on you and for how much: Creditors can. You entered ... Read more

Differences Between Surety Bonds and Insurance

Surety Bonds are for consumer protection that coincides with professional services and licenses. Surety bonds are one of the oldest forms of insurance dating back thousands of years. Surety bonds are more of a reverse insurance policy protecting the consumer not the principal of the surety bond. Commercial Insurance protects your business from being sued. Most common Commercial Insurance such as general liability protects your business for injury or property damage such as a fire or a customer that slips on a wet floor. There are many different forms of commercial insurance that can protect your company; also there are ... Read more

Why Trusts Don’t Work for Asset Protection

A trust is the right to the beneficial enjoyment of property to which another person holds the legal title; a property interest held by one person (the trustee) at the request of another (the settlor) for the benefit of another (the beneficiary). Trusts have different names depending on their purpose, i.e., Land Trusts, Charitable Remainder Trusts, Irrevocable Trusts, and so on. Trusts are usually promoted by lawyers or non-lawyers working under their supervision. There are two-hour seminars being conducted in small hotels all over the country touting the use of Trusts and Family Limited Partnerships for the “ultimate asset protection.” ... Read more

Accountant Job Description

An accountant’s job entails working to ensure that business firms and individuals are keeping good records and paying taxes properly and on time. Though the accountant job description for some accounting positions may be simple, other accountant job descriptions are not quite as clear because of the number of duties that are required. In general, an accountant performs vital functions to businesses, as well as individuals, of all types by offering a very wide array of business and accounting services, including public, management and government accounting, as well as internal auditing. These four major fields of accounting, and in addition ... Read more

What You Need to Know About Becoming a Notary

The first things you need to know about becoming a notary is what a notary is and what they do. A notary, or notary public is a public servant (officer) that has to take an oath just like any other public servant/official (even the president) in order to serve their community. A Notary public serves as state certified legal witnesses for the signing of legal documents like deeds, power of attorney forms, business documents, marriage and divorce papers and other legal documents in their state of certification. Each state has guidelines you must follow in order to become a notary ... Read more

Insurance Fraud Tips And Examples

Insurance industries report a possible 3% to 10% of all insurance claims are frauds. There also are many reports of exaggeration, for instance if a thief has stolen a TV from someone, he will usually hide his computer and radio and add it too the report. The second ones usually are average people looking for a quick buck or have gone the bad road because of their current financial problems, such as bankruptcy or business failure. On the other hand we have usual criminal offenders and organized crime. Members are already having a police record and looking to benefit from ... Read more

Buy A Car And Get Auto Insurance Quotes: Found Reliable And How Not to Be Scammed

How to buy a new or used car, and how to do an Auto Insurance Quotes Online without being cheated. Unfortunately, there are many internet companies that manage to fool customers, but also some websites that are false sales. This will guide you what to check before you buy a car, and how to make an auto insurance quotes online. Get No-Hassle Auto Insurance Quotes Online If you want to get the best coverage for the lowest rates, it pays to shop around and get auto insurance quotes! The quickest and easiest way to browse for the best priced policy is ... Read more

Health Insurance Fraud- What You Should Know

Health insurance fraud represents one of America’s largest taxpayer rip-offs ever, costing Americans literally billions of dollars every year. Due to rampant deception, scams and abuse in the health care system, consumers are forced to pay the price–literally–through escalating medical costs and rising health insurance premiums. And government programs like Medicare and Medicaid, designed to help the low-income and elderly, represent two of the biggest losers of all. Health Insurance Scams According to the Insurance Information Institute, health providers and facilities such as doctors, hospitals, nursing homes, diagnostic labs and attorneys routinely attempt to defraud the health insurance system…with devastating ... Read more