Insurance Fraud
Insurance

Insurance Fraud and Class-Action Lawsuits

February 19, 2017 FraudsWatch 0

We take out insurance policies to protect ourselves and our families in the eventuality of a serious accident or injury. In a certain sense, insurance is a form of gambling: you’re betting a company that something bad will happen, and they’re betting against it. So it is especially [Read More…]

Insurance Fraud
Insurance

Life Insurance Fraud

February 16, 2017 FraudsWatch 0

Life insurance fraud is a black eye on both life insurance companies and life insurance customers. Both parties have been guilty of life insurance fraud and will be again — especially since, sadly, fraud seems to be on the rise according to most statistical measures. Research by the [Read More…]

Insurance Claims Fraud
Insurance

Which Are Insurance Adjusters Spot Fraudulent Claims?

November 20, 2016 FraudsWatch 0

Be vigilant in identifying insurance fraud by becoming familiar with the most common forms of fraud. This include Car “Stolen , Accident and Damage”, Health Insurance Billing Fraud, Unnecessary Medical Procedures, Staged Home Fires, Storm Fraud, Abandoned House Fire, Faked Death, Renter’s Insurance. Stolen Car There аrе twо [Read More…]

Insurance Fraud
Fraud News From World

Financial Fraud: Laquitta S. Brackins Sentenced For Mail and Wire Fraud by Defrauding a Cell Phone Insurance Provider

July 17, 2016 FraudsWatch 0

Defendant Receives Lengthy Sentence for Cell Phone Insurance Fraud ATLANTA – Laquitta S. Brackins has been sentenced to federal prison for conspiracy to commit mail and wire fraud by defrauding a cell phone insurance provider.  Brackins, along with a co-conspirator, filed thousands of false insurance claims on cell [Read More…]

Insurance Scams
Insurance

5 Insurance Scams That Made the Headlines

May 1, 2016 FraudsWatch 0

There’s a dark side to worldwide travel insurance – the fraud. The trouble is, it’s notoriously hard to disprove fraudulent claims – especially in the travel sector and hundreds of people get away with it every year. Indeed, it’s estimated to cost companies millions of pounds every year, [Read More…]

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Insurance

Insurance Scam: Fake Auto Accidents

January 31, 2016 FraudsWatch 0

How tо protect уоurѕеlf frоm insurance fraud аnd staged auto accidents: Internet Scam In today’s issue, we’ll tеll уоu аbоut аn offline scam уоu mау nоt knоw аnуthіng аbоut thаt hаѕ reached epidemic proportions — аnd оftеn hаѕ ѕеrіоuѕ physical health, аѕ wеll аѕ financial, consequences. Plus, we’ll [Read More…]

Insurance Fraud
Insurance

Insurance Fraud: What It Is?

October 6, 2015 FraudsWatch 0

A Basic Overview The insurance industry consists of more than 7,000 companies that collect over $1 trillion in premiums each year. The massive size of the industry contributes significantly to the cost of insurance fraud by providing more opportunities and bigger incentives for committing illegal activities. Costs of [Read More…]