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Phony Contacts: Scammers impersonate legitimate insurance companies or agents through phone calls, emails or mail to convince individuals to purchase fake policies. Victims may pay premiums for ...
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 ...
The internet has made it easier than ever to shop for and buy life insurance, but this added convenience requires a bit of caution. Criminals are out there committing life insurance fraud, and if...
The National Council on Compensation Insurance (NCCI) is a U.S. insurance rating and data collection bureau specializing in workers' compensation. Operating with a not-for-profit philosophy and owned by its member insurers, NCCI annually collects data covering more than four million workers compensation claims and two million policies .
The Coalition's main mission is to fight insurance fraud, through activities that include government affairs, public education, events and research.The Coalitions seeks to unite and empower private and public groups against fraud, control insurance costs, protect public safety, and reduce crime.
Auto insurance costs jumped by 22.2% last month from a year earlier, according to the latest Consumer Price Index data, new vehicle prices actually declined 0.1% and used prices dropped 2.2% over ...