Greater Kansas City Claims Association’s Post

Have you heard about insurance fraud and thought “at least it doesn’t affect me?” Insurance fraud effects everyone – through inflated premiums and wasted resources (police, fire, ambulance, hospital services). Here are 3 types of auto insurance fraud.

#InsuranceFraud #propertyandcasualty #fraudawareness #beinformed #beproactive Insurance fraud is committed in various ways, but the main offenses include fraudulent claims, application fraud and premium fraud.

Insurance fraud impacts everyone, leading to higher premiums and financial strain. Our investigators specialise in uncovering fraudulent claims, helping insurance companies and honest policyholders avoid unnecessary costs. See how we tackle this pervasive issue. https://lnkd.in/ezA2R3Ey

A recent Kansas auto insurance fraud case resulted in probation. As insurance professionals, what resources do you find most helpful in staying ahead of fraud? Share your thoughts and insights in the comments below! #InsuranceIntegrity #EthicalPractice #ClaimsAdjusting

Insurance fraud A PI can help detect, identify, and investigate insurance fraud cases. For example, they can conduct surveillance of a claimant's home or workplace to provide evidence.

📆 Join us tomorrow, May 21, at 11:30 EST for our virtual event: Insurance Fraud: A $300 Billion Crime. With our Jerry Theodorou and Michelle Rafeld Coalition Against Insurance Fraud #insurance #publicpolicy #event #insurancepolicy

Here are some tips to avoid insurance fraud.

Insurance fraud is not something that just happens in the movies, the insurance industry has witnessed some of the most creative, bizarre, and tragic cases of insurance fraud, which have left the industry reeling. Unfortunately, this has a domino effect because insurance companies are then forced to hike their premiums to financially recover from these losses. That ultimately hurts the insured who cannot afford to pay escalated premiums. Prevent the risk of Insurance fraud with us: https://lnkd.in/gFXJ5g9p #InsuranceFraud #FraudPrevention #InsuranceClaims #FraudAwareness #InsuranceIndustry

Did you know? Insurance fraud doesn't just include seeking insurance compensation for a falsified claim. You may also be charged for activities like exaggerating your claims, providing false information, or engaging in fraudulent billing practices. Check out our recent blog to find out what you need to know! https://lnkd.in/gUa7a4TZ #CriminalDefenseAttorney #CriminalDefense #Attorney #Wichita #WeFightForYou

These sentences are so wildly inconsistent for insurance industry fraud and it makes you wonder: This insurance broker gets sentenced to 18 months in prison followed by 2 years of parole/probation for stealing nearly $137,000 in sales commissions from the insurance company. But if you steal $180,000 directly from insurance customers - instead of from the insurance company itself - with 90 counts (or 90 instances of fraud/theft) and over $335,000 in restitution, then you only receive 3 years of probation with NO prison time. https://lnkd.in/ezxBrqy2 Why such a sentencing disparity depending on the victim being an insurance company vs. a customer?