NCJ Number
156350
Date Published
1990
Length
167 pages
Annotation
This book, written by an insurance fraud consultant, describes how some of the most common insurance frauds are perpetrated, using case histories drawn from the author's consulting and investigative experience; methods for countering the fraud are suggested.
Abstract
The book begins with an example of the extremes to which some people will go to defraud an insurance company. It also notes that many actual and potential offenders contemplate insurance fraud because they believe they deserve to make money from the premiums they have paid; they also believe insurance companies are not likely to investigate claims with any diligence. The latter belief is unfounded, given the investigative and processing structure many insurance companies have to detect fraud. This introductory chapter is followed by a chapter that explains the nature of insurance and the terms associated with the insurance industry. Subsequent chapters provide examples of various types of insurance fraud, including vehicle insurance, homeowners insurance, marine frauds, staged accidents, arson, and murder. The concluding chapter provides checklists for identifying suspicious claims under each type of insurance policy and suggests programs to counter insurance fraud of various types. A glossary and subject index