The lengths fraudsters will go to in order to perpetrate a fraud never cease to amaze me. I'm not sure if it's their audacious behavior, their creativity, their stupidity, or the fact that they just think they'll never be caught. I often wonder what diseases could be cured or social ills eradicated if these creative individuals had put their efforts into something far more constructive than perpetrating insurance fraud.
This month we bring you the 2014 Fraud Hall of Shame, courtesy of the Coalition Against Insurance Fraud. While fighting fraud is very serious business, costing somewhere in the neighborhood of $80 billion annually, this walk down the Hall of Shame is sure to leave you speechless at the audacity of these “moral invertebrates.” Definitely check out our cover story by Dennis Jay — it makes for a highly entertaining read.
Raanon Gal provides an important look at the exemptions and revisions from the Department of Labor that could impact Employment Practices Liability Insurance. He also highlights some frequent mistakes that employers make (knowingly or unknowingly) and offers suggestions on how to prevent them.
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