Investigative & Forensics

The Travelers Companies have settled and fully resolved all current and future asbestos-related coverage claims against them.

Picture this: Your client has been involved in an accident where serious injuries were incurred by one of the parties.

Doubtlessly, ample time will spawn second-guessing of the administration of Virginia Tech in minute detail about what it could have done or should have done.

A whistleblower lawsuit filed last year by several former insurance adjusters in a U.S. district court in Louisiana has been made public.

Editor's note: Last month, David Rioux outlined various initiatives brought together by certain fraud-fighting associations that were striving to increase the awareness of the fraud crisis.

Ask insurance special investigation units and claim adjusters what they consider to be the most entertaining type of fraud to investigate, and workers' compensation fraud will likely top the list.

Driven by an annual fraud loss of $30 billion, the nation's property and casualty insurance companies are taking aggressive action based on a two-year, industry-wide review of their fraud fighting efforts.

Insurance fraud convictions and related crimes are increasing in Virginia, according to the 2006 annual report issued by the Insurance Fraud Program, a division of the Virginia State Police.