# Fraud Cashing in w/Struggling Economy 

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Canonical: https://www.claimspages.com/news/i1033/

Fraud in all forms is as old as the industry itself. Given a struggling economy, the temptation to create fraud against or within the industry has been on the upswing recently.

According to Jim Quiggle, director of communications for the Coalition Against Insurance Fraud (CAIF), which is a national alliance of consumer leaders, insurance companies and state regulators, industry fraud is being fed by a struggling economy. "The economy has placed a lot of pressure on the business sector and consumers as well, and has created a tremendous amount of opportunities and temptations to commit fraud. Fraud is alive and well throughout America. Another trend we're seeing going along with this is the increase in ring activity. Many scams that were mom and pop variety scams are becoming large, well-managed corporate style criminal-ring operations."

Sources:
- Insurance Journal (http://www.insurancejournal.com/news/exclusive/national/2003/01/07/25242.htm)