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If you suspect someone of insurance fraud, you can report it to your state’s Division of Consumer Fraud, your insurer’s Special Investigations Unit that handles fraud incidents, your state’s ...
Insurance fraud refers to any intentional act committed to deceive or mislead an insurance company during the application or claims process, or the wrongful denial of a legitimate claim by an insurance company. It occurs when a claimant knowingly attempts to obtain a benefit or advantage they are not entitled to receive, or when an insurer ...
As a crime, however, evidence shows that insurance fraud in wealthy nations is increasing, with many governments running public awareness campaigns to deter potential fraudsters and appeal to the public to report any suspicious claims. [2] One of the most common forms of insurance fraud is the exaggeration of injuries.
The National Insurance Crime Bureau (NICB) is a U.S. insurance industry trade association focused on preventing, detecting and defeating insurance fraud and vehicle theft through information analysis, investigations, training, legislative advocacy and public awareness. [2] NICB's headquarters are in Oak Brook, Illinois.
If you suspect auto insurance fraud, you may consider reporting it to your insurer and the NICB at 800-835-6422 or report it online. Depending on how quickly you need assistance, like in the case ...
Consumers can also report scams, potential fraud and unwanted phone calls to the FTC so that it can investigate and build cases against fraudulent individuals and businesses.
The Coalition has published research studies on subjects related to insurance fraud, including claims investigation, the economic consequences of insurance fraud, and fraud prevention. [7] The Coalition also publishes information on common forms of fraud, and how businesses and consumers can protect themselves. [8]
, a Web site that covers the news of the insurance industry, reported that Daniel Macken, of Wrigleyville, Illinois, is under arrest, charged with the felony of insurance fraud. Apparently, Macken ...