IDENTIFYING INSURANCE FRAUD

Description

Insurance fraud is the most practiced crime in the world.  Each year, the effect of insurance fraud runs to billions of dollars, and it is estimated that insurance fraud takes between 3 and 30% of the premiums collected and annually drains more than $100 billion from the assets of insurers.  Therefore, early detection of claims under suspicion of fraud begins at claim inception, and in most cases, begins with a suspicious fact pattern and/or scarcity of facts.   This course will focus on identification of insurance fraud and will discuss the various types of insurance fraud.  This course will also provide a comprehensive overview of the red flags every insurance professional should be aware of in identifying and investigating insurance fraud.   

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