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Accounting for Success

Adjusters and forensic accountants will need to be on the top of their game in the coming months and years.

By Paul A. Mcgowan, Jr. | Updated on June 14, 2009

How are property, casualty, and fidelity claims being influenced by the credit crisis? To understand the exponential impact of the credit crisis, one must first understand the root cause. The lack of available credit will create financial pressure on individuals and businesses, and eventually will prompt fraudulent claims. Various aspects of the claims adjustment process, such as advance payment requests involving legitimate claims, will also be impacted by the lack of credit available to businesses. Rest assured, adjusters and forensic accountants will need to be on the top of their game in the coming months and years.

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