One of many biggest challenges insurance coverage corporations face is the ferreting out of insurance coverage fraud. Wherever there’s a likelihood that somebody can receives a commission for submitting a fraudulent declare, there are additionally silly people who find themselves prepared to present it a strive.Listed here are some current examples:1. The Charging BullNEW HAVEN, CT: Connecticut state investigators say have charged a New Haven man with felony fraud after he was noticed working a 40-yard sprint in a race sponsored by an area radio station. The person was amassing employee’s compensation from alleged accidents sustained as a jail guard…in any other case generally known as a “bull.” He entered a not-guilty plea.2. Wrestler pleads responsible to faking injuryPENNSYLVANIA: The state Lawyer Common mentioned man tried to make a declare for accidents from a slip and fall in a Seven Eleven retailer. However then investigators discovered that the person is an expert wrestler with the identify “Mr. Motion,” and is skilled to faux falls and accidents. The person pleaded responsible and obtained three years probation.three. Did not you suppose somebody would discover her lacking?CHICAGO, IL: A Chicago man was charged with first diploma homicide within the demise of his spouse and the mom of three children to gather on her life insurance coverage coverage. “Mrs. Unfortunate” was discovered slain within the trunk of her Chevy Monte Carlo, shot a number of occasions.She was not accessible for remark. Her loving husband could also be unavailable for remark for 40-60 years.Insurance coverage fraud is critical enterprise, since claims paid on fraudulent claims price ALL of us increased premiums. It is no completely different than shoplifting at a retailer. Shops merely add the price of their “shrinkage” to the price of the products you and I pay for.Report any suspected insurance coverage fraud to the police. And know that more often than not, criminals get caught.
