Insurance 101 – Chapter 16 Volume 89 – What Can Insurance People Do to Change the Statistics?

What Can Insurance People Do to Change the Statistics?

It is the obligation of all who work to protect insurers against insurance fraud to do something to change the situation. Methods that are available and that should be exercised by every person who wants to reduce the effect of insurance fraud.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

Legal Disclaimer

The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

 

Insurance 101 – Chapter 16 Volume 88 – Insurer Is Required to Pay for Insurance Crimes

Insurer Is Required to Pay for Insurance Crimes

Insurers are compelled by statute and regulation to maintain Special Fraud Investigation Units and a detailed anti-fraud program. The California Department of Insurance audits insurers regularly to ensure that each insurer works hard to investigate and seek prosecution of the crime of insurance fraud. Simultaneously, the same Department of Insurance punishes insurers for not paying claims rapidly or for not treating insureds or claimants fairly. Courts and juries will assess punitive and exemplary damages against insurers who accuse their insureds of fraud.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

Legal Disclaimer

The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

Insurance 101 – Chapter 16 Volume 87 – Is the Fight Against Fraud Being Lost?

Is the Fight Against Fraud Being Lost?

Fraud is taking more money every year from the insurance-buying public. Insurers complain that the local district attorneys and police agencies give a low priority to the crime. Insurers must defeat this metastasizing crime before its growth eats away any chance insurers—and their shareholders— have of making a profit.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

Legal Disclaimer

The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

Insurance 101 – Chapter 16 Volume 86 – Insurers as Victims of Fraud

Insurers as Victims of Fraud

In State v. Cross, No. E2001-02724-CCA-R3-CD (Tenn. Crim. App. 08/12/2002), the Tennessee Court of Criminal Appeals was faced with a defendant who claimed that an insurer, for purposes of criminal restitution, could not be the victim of a crime. The basis of the conclusion was that the insurer’s obligations to pay were contractual and not as a result of the direct acts of the criminal against the victim.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

Legal Disclaimer

The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.