False insurance claims cost Americans billions of dollars every year. It is the second most costly white-collar crime in the U.S., behind tax evasion. In today’s challenging economy, more people are submitting false insurance claims in hopes of receiving an undeserved financial benefit.
Insurance fraud occurs when a false claim is submitted to an insurance company in hopes of receiving monetary gain. Exaggerating loss or injury to increase your claim is also considered fraud. Workers’
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