The primary incentive for insurance fraud is personal gain. Whether it arises from a fire or storm claim, worker’s comp, or theft of valuables many share the same roots. The insurance market place provides many fertile opportunities for exploitation on either side of the table.
The most typical form of fraud involves inflating the total dollar value of a claim, directly or through agents of the owner.
Insurance fraud can generally be divided into two categories, hard and soft. Typically a hard fraud case exists when someone invents an incident to produce a loss such as an auto accident or arson. Generally soft fraud on the other hand is an opportunistic endeavor. This may be typified by policyholders filing exaggerated claims on property damages or improperly valuing of a lost item. It may also occur when an item is insured without an inspection so as to accurately represent its existing conditions.
More on this subject during December by Dave Mistick, twitter @disasterguru
Hello,
When you call Workers' Compensation, LLC, we will be sure to explain the process of obtaining workers' compensation and the factors that will determine whether or not you will be awarded specific benefits.http://www.compmanwc.com/
Posted by: Jaffer789 | January 05, 2012 at 10:41 AM