Excruciating pain and $50K in medical bills? From a minor fender-bender?

Low impact and minor impact soft tissue injuries are not uncommon in auto accidents, and they certainly can be legitimate. They also can be the result of a staged accident, or the outcome of a legitimate accident that gives someone the opportunity to take advantage of a liability situation.

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If your company is a member of the National Insurance Crime Bureau, our FraudSmart “Managing LIST and MIST Claims – ‘Would I Lie to You?’” course can help your staff become better prepared to review, analyze and handle these claims. Participants will learn the six indicators of LIST (low impact soft tissue) and MIST (minor impact soft tissue) claims, determine what eight action steps should be taken to further investigate the claim, and understand the key indicators that can point to fraud.

There is no additional cost to NICB members for this class. To schedule a FraudSmart class at your company, log into the NICB Website at www.NICB.org with your username and password, select Training, then FraudSmart and contact the training director assigned to your state.

To learn more about NICB, visit www.NICB.org.

Insurance Fraud Headlines for April 22, 2015

Here are the top insurance fraud stories for today:

* New safety features reducing auto accidents (Insurance Information Institute)

* Three Virginia women face federal charges related to student loans, insurance fraud (IFA)

* Florida Man Ousted in Comp Fraud Case (Workerscompensation.com)

* Miami Man Sentenced for Identity Theft Tax Fraud Scheme Involving the Unauthorized       Use of Debit Cards (FBI)

* Toronto man charged with auto insurance fraud (Canadian Underwriter)

* Washington State Man Tackled in Comp Fraud (Workerscompensation.com)

 

Car Crashes Caught on Camera

CarCrash1Thousands of insurance claims are made every day in this country for auto accidents. They add up to some $125 billion dollars in payments by insurers. With that many claims there’s also a significant amount of fraud. That’s why it’s important to be able to sort out fact from fiction.

Roger Morris has the story of how one company is putting on crash demonstrations for insurance industry claims experts. This type of experience helps to give them a firsthand look at what happens in a real accident as opposed to a staged accident.

 

NICB News: VIN Clones, Car Crashes and Multistate Theft Rings

In this edition of NICB News we take a look at some very real car crashes that show claims experts how to spot possible fraudulent claims; we look at a VIN cloning case that caught an innocent buyer off guard; and we’ll hear about the latest efforts to tighten anti-fraud laws in Minnesota.

Chicago Tow Company Accused of Scamming Customers

As we’ve reported earlier tow trucks scams are becoming a major issue across the country. In Chicago rogue towing has become the most popular trend. That is when tow operators take advantage of accident victims in order to charge exorbitant fees over and above what would be reasonable to tow a vehicle.

One tow company in Chicago has been placing online ads for tows for only $65. However, Natalie Bomke of WFLD-TV found out that wasn’t the case for many victims of this alleged scam.
FOX 32 News Chicago