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Coalition Names Top 10 Insurance Swindlers of 2004

National News • January 24, 2005
The nation's top insurance swindlers of 2004 were inducted into the Insurance Fraud Hall of Shame reported the Coalition Against Insurance Fraud. All of the new inductees were convicted or their ...

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Subject: RE: I hope this is just a few of many.

Posted On: January 24, 2005, 3:22 pm CST
Posted By: Florida Product Analyst
Comment:
Nan -- That's part of the problem, sometimes it IS deemed cheaper/more expedient by some companies to simply pay the claims than to spend the Special Investigative Unit time and money, let alone the costs to prosecute. Not only does this let specific fraud rings continue to rack up the charges, it almost encourages more fraud to pop up. Some states have started severe crackdown initiatives to both stop that trend and perception among would-be fraudsters that this trend will continue.

I'm hoping these initiatives continue, and that they significantly deter future fraud. You can't stop everyone, of course, but the more someone thinks they're likely to get caught, the less likely they usually are to commit the crime.
Subject Posted By Posted On
Spitzer is now Looking at Crawford & Co.'s Integrity Greg Brown
Sep 19, 2005, 4:09 pm
INDIVIDUALS...? Have you guys even read the article? Free Willy
Jan 30, 2005, 6:53 pm
RE: My California Crooks List 5, 6, 7, 8, 9, POS
Jan 25, 2005, 12:48 pm
need insurance companies "swindlers" list Isabel homeless
Jan 25, 2005, 9:38 am
RE: I hope this is just a few of many. Florida Product Analyst
Jan 24, 2005, 3:22 pm
I hope this is just a few of many. Nan
Jan 24, 2005, 2:36 pm
RE: re: Semantics
Jan 24, 2005, 2:20 pm
re: Jimmy
Jan 24, 2005, 2:11 pm
RE: where are the real insurance crooks? Joe
Jan 24, 2005, 1:17 pm
Real Insurance Crooks OUtraged!
Jan 24, 2005, 12:55 pm
where are the real insurance crooks? Disappointed
Jan 24, 2005, 12:52 pm
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