by Dave Kaltenbach | Jan 26, 2021 | fraud
Insurance companies lose billions to fraud every year. Most insurers have anti-fraud programs in place, but losses continue to rise. Predictive models use old data and trends to predict what is coming and make estimates. However, when the data isn’t consistent this...
by Dave Kaltenbach | Sep 22, 2020 | Adjuster Training, Claims adjuster, fraud, Tips and Advice
Insurance fraud occurs when an insurance company, agent, adjuster or consumer commits an intentional falsification in order to obtain an illegitimate gain. It can occur during the process of buying, using, selling or underwriting insurance. Insurance fraud can fall...
by John O'Grady | Nov 12, 2019 | Claims adjuster, Experienced instructors, fraud, Practical Adjusting
Insurance agencies devote a lot of time and resources to detecting fraudulent claims. That’s because insurance fraud has always been a problem, and rates are on the rise. Even if fraud investigation isn’t your primary duty as an insurance claims adjuster, you’ll still...
by John O'Grady | Jun 11, 2019 | fraud
Everything is bigger in Texas. Unfortunately, that sometimes includes insurance fraud schemes. From health care provider fraud to unlicensed insurance policy sales, insurance fraud is alive and well in the Lone Star State. Let’s take a look at insurance fraud in...
