The Institutes

Working the Numbers to Detect Fraudulent Claims

 Friday, October 8, 2010

 Insurance Networking News

Firms that provide workers’ compensation insurance need to be on the lookout for fraud in a variety of areas, such as employees filing for fake or exaggerated injuries and employers filing incorrect worker codes to save money on premiums. Increasingly, insurers are turning to a variety of technology solutions to detect and stop fraudulent claims, which typically fall into three main categories, says Karlyn Carnahan, principal at Novarica, a New York-based consulting firm.
FraudWorkers' Compensation