Prices, Hard Market Spur Comp Fraud A souring economy and dramatic premium increases are working to create a climate where workers compensation insurance fraud is on the upsurge, according to experts who monitor the problem.
“There does appear to be an increase in the amount of workers comp fraud,” said Dennis Jay, executive director of the Coalition Against Insurance Fraud based in Washington, D.C.
He said there are no figures at the moment to back up his perception. But, his observation is based on talks with investigators and state fraud bureaus. And, he said, his organization is in the process of doing a study in the next few months that he expects will bear out his observations.
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