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Seeing Red

Insurance fraud is on the rise and shows no sign of slowing. Are your clients or prospects trying to pull a scam? Industry experts share their red flags for fraud.

By Laura Mazzuca Toops | Updated on November 30, 2013

Insurance fraud is bigger than ever, and scammers constantly are coming up with new wrinkles. Along with the tried-and-true staged auto crashes, arson and simple claims padding, more sophisticated scammers are taking advantage of ubiquitous technology and changes in the law by creating fake websites for healthcare sales—with healthcare reform spawning a whole new breed of crooks.

As the guys on the front lines, insurance agents are in a unique position to spot insurance fraud as it’s happening—and can play a powerful role in stopping it before it starts.

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