Claims adjusters have spent the past month working through the damage from Superstorm Sandy, which made landfall in New Jersey. In some areas — specifically, those hit hardest — claims professionals have only recently gained access in order to evaluate losses. The numbers are coming in, however, providing the insurance industry a greater sense of [...]
Vehicle Location Reports
The fraudsters always have a head start. They know the scams they want to pull off, and claims adjusters and investigators have the challenge of catching up. With Vehicle Location Reports, a new tool in Decision Net, it gets easier to erode their edge, prevent fraud, and protect your capital. With Vehicle Location Reports, you [...]
Mysterious hit-and-run accidents, phantom vehicles that cause damage, and questionable motor vehicle accident reports — all are part of fraudulent insurance claim schemes today. Savvy criminals create incidents and use them in reporting false claims. And that fuels the insurance industry’s ever-increasing fraud problem. Insurers see such claims at a small scale, with a single [...]
