Almost 50% of study participants believed that if they attempted to commit insurance fraud, they would be caught. Almost 50% of study participants believed that if they attempted to commit insurance fraud, they would be caught. Photo: Fotolia

Insurance fraud costs a staggering $308.6 billion annually, an expense borne by insurers and policyholders alike, and consumer beliefs surrounding how acceptable insurance fraud is may or may not be changing.

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Patricia L. Harman

Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]