Insurance Fraud
(All images, information, and text courtesy of naic.org. Copyright 2017. All Rights Reserved) Read the Original Article here: http://www.naic.org/cipr_topics/topic_insurance_fraud.htm Insurance fraud occurs when an insurance company, agent, adjuster or consumer commits a deliberate deception in order to obtain an illegitimate gain. It can occur during the process of buying, using, selling or underwriting insurance. Insurance fraud may fall into different categories from indiv
Geico is Facing Two Class Action Lawsuits for Shady Behavior
(All content, text, and images courtesy of ihlaw.com) Insurance companies facing legal action for bad behavior is nothing new. What’s interesting is the multitude of ways that these companies are found to be trying to get out of paying. Geico is the latest insurance company to get in hot water for it’s claims services. Two class action suits have been filed, one in Delaware and one in New York, against Geico Insurance. The suits allege, among other things, a series of disturb