Fighting Fraud One SIU at a Time

Insurers are always on the lookout for ways to spot fraud, and with good reason. The instances of fraud, and the variety of fraudulent activities, continue to rise. According to the National Insurance Crime Bureau’s (NICB) ForeCAST Report, the number of questionable claims increased to 48,887 in the first half of 2011 from 46,766 in the first half of 2010 and 41,309 in the first half of 2009. That represents an increase of 18.3% over the two-year period.