Flagging Fraud

In a down economy, insurance fraud is on the increase, but companies such as Allstate, Erie Insurance and CNA tune their technology to fight fraud and organized crime.

August 1, 2012

Chris McMahon

The numbers are huge: an alleged $297 million insurance fraud case, with 36 defendants, including 10 licensed doctors, three attorneys, 22 medical professional corporations, and eight members and associates of a criminal organization. All charged with offenses related to the single largest alleged no-fault auto insurance fraud case ever, and the first to include alleged violations of the Racketeer Influenced and Corrupt Organizations Act (RICO), which have been filed against the eight.

Get access to this article and thousands more...

All Insurance Networking News articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, e-books, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders and developing trends.

Already Registered?

Free Site Registration