Judith Perry’s Post

Though it unfolded two weeks ago, the repercussions of insurance fraud continue to resonate. Stay informed about recent developments in the insurance industry and ensure you're equipped to navigate potential risks. #InsuranceFraud #IndustryInsights

Common acts of insurance fraud include "padding," or inflating claims, misrepresenting facts on an insurance application, submitting claims for injuries or damage that never occurred, and staging accidents. But insurance fraud takes on different forms depending on the industry. Via Insurance Business America, click through to the link to find the most common types of fraud in different industries.

Here are some tips to avoid 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.

Fraud can come up in the sneakiest ways. Once, a former employee rigged an insurance policy's start date so her friend could claim an accident that happened before the policy even started. In another case, just hours after a client checked their fire insurance, their 'empty' house mysteriously went up in flames. Despite paying out, I couldn’t shake the feeling something was off. Repost this if it opened your eyes to the realities of insurance fraud. #InsuranceFraud #EmployeeMisconduct #FireClaim #BackdatedInsurance #VacantPropertyClaim #IntentionalDamage

Don’t fall for insurance fraud! Our blog this month shows how YOU can help reduce fraud in Florida and the high cost of homeowners premiums: https://lnkd.in/gGAGzzKT #FraudAwareness #ProtectYourself #BeInformed #FloridaHomeowners #FloridaPeninsula

Spot the Fraud: Insurance Edition #3 🚨 Think you can spot insurance fraud as it happens? 🚨 Comment below with your answer and why! 🗯️👇 You receive a call from someone claiming to be your insurance, asking for your policy number and information over the phone. 📞🔐

The Truth Behind Florida's Insurance Spikes: Fraud Exposed! Discover the real reason behind the surging insurance rates in Florida. Uncover the hidden truth of rampant insurance fraud and the recent closure of a loophole by Governor Ron Sands. Find out how it impacts your insurance costs. #InsuranceFraudExposed #FloridaInsuranceRates #GovernorRonSands #InsuranceLoopholes #InsuranceCosts #InsuranceScams #FloridaFraudCases #InsuranceInvestigation #InsuranceClaimProcess #InsuranceIndustry

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 is not only a waste of time but also illegal and dangerous. If you find yourself a victim of insurance fraud, call Karns and Karns. #karnsandkarns #insurancefraud #legaladvice #legalservices #productivity #staysafe #knowyourrights #injurylawfirm #legalassistance